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New General Manager Angola and pre-qualified as Operator in Angola

In developing our focus in West Africa and particularly in Angola, InterOil has hired Antonio Pedro Duarte Paulo as General Manager in Angola. Mr. Paulo has extensive background from the oil industry and has spent most of his career with Chevron International Oil Company. He has spent many years in Angola with Chevron and his last posting was as country manager for Chevron in Brazil. In the context of our growing activity in Angola, InterOil has now established an office in Luanda, where Mr. Paulo will be stationed.
 
State Oil Company in Angola, Sonangol, announced in December 2007 that InterOil E&P ASA (IOX) is pre-qualified for Operator in the upcoming license round in Angola. The list of pre-qualified companies for operator is presented on Sonangol's homepage: http://www.sonangol.co.ao/wps/portal/ep/areas/concessionary/infoInvestor
 
For more information please contact:
Fredrik von Zernichow
Investor Relation Manager
Tel: +47 67518661 
Mob: +47 99273843 
Fax: +47 6751 8660
E-mail: f.zernichow@interoil.no 
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InterOil Exploration & Production ASA is a Norwegian based exploration and production company - listed on the Oslo Stock Exchange - with focus on Latin-America and West-Africa. The company is operator of several production and exploration assets in Peru and Colombia, and is an active license partner in Angola and Ghana. InterOil currently employs approximately 200 people and is headquartered in Oslo.

Interoil Main Office:
c/o Advokatfirmaet Schjødt AS
Ruseløkkveien 14
NO-0251 Oslo, Norway

Phone: (+47) 67 51 86 50
Fax: (+47) 67 51 86 60
info@interoil.no

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