InterOil Snapshot
Getting into oil is a slippery business, but one embraced by InterOil Corporation, which is focused on developing an integrated energy business in Papua New Guinea and the surrounding region. In addition to operating a 36,000 barrel-per-day refinery and retail assets, InterOil has begun an extensive exploration program on its 4.6 million net acre property in Papua New Guinea, northwest of Port Moresby. Most of the refined products from InterOil's refinery are secured by contracts with Royal Dutch Shell and InterOil's subsidiary, InterOil Products Limited. InterOil secures crude oil supply for its refinery through a contract with BP Singapore.
