HOUSTON, July 26, 2016 /PRNewswire/ --


    --  Presentation to InterOil shareholders regarding XOM Proposal posted on
        website in advance of conference call scheduled for 8:15 a.m. EDT on
        Tuesday, July 26, 2016.
    --  Shareholders and others invited to submit questions for call via email

The founding shareholder, former chairman and Chief Executive Officer of InterOil Corporation ("InterOil" or the "Company") (NYSE: IOC), and founder of Petroleum Independent & Exploration, LLC, Mr. Phil Mulacek, announced today that he has posted on www.ConcernedInterOilShareholders.com a presentation to InterOil shareholders and media in connection with the proposed bid by Exxon Mobil Corporation. Mr. Mulacek invites all interested persons to join a moderated conference call in which he will discuss the presentation and proposed solutions. The call will be held Tuesday, July 26, 2016, at 8:15 a.m. EDT. The toll-free number to dial in is 1 (800) 983-0345. The conference ID is 56354833. Participants are invited to submit questions in advance by email to info@concernedinteroilshareholders.com.

Please review Mr. Mulacek's presentation, available at www.ConcernedInterOilShareholders.com.

Cautionary Statement Regarding Forward -- Looking Statements:

This press release contains forward - looking statements. All statements contained here that are not clearly historical in nature or that necessarily depend on future events are forward - looking, and the words "anticipate," "believe," "expect," "estimate," "plan," and similar expressions are generally intended to identify forward - looking statements. These statements are based on current expectations of Mr. Mulacek and currently available information. They are not guarantees of future performance, involve certain risks and uncertainties that are difficult to predict, and are based upon assumptions as to future events that may not prove to be accurate or may be under the control of unrelated third parties. Mr. Mulacek does not assume any obligation to update any forward - looking statements contained in this press release.

Information Contact:

For additional information on this press release please contact Mr. Mulacek at +1 (832) 510-7028, or by email at info@concernedinteroilshareholders.com.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/mulacek-presentation-to-shareholders-of-interoil-corporation-posted-on-website-300303921.html

SOURCE Petroleum Independent & Exploration, LLC