InterOil Corporation Announces Public Offerings

THE WOODLANDS, Texas, Nov. 4, 2010 /PRNewswire-FirstCall/ -- InterOil Corporation (NYSE: IOC) (IOC: POMSoX) today announced its intention to offer, subject to market and other conditions, a concurrent public offering of convertible senior notes due 2015 and common shares.  IOC is authorized to raise gross proceeds of up to US$280 million from the combined offerings, including over-allotments.  IOC has granted the underwriters of the offerings a 30-day option to purchase 15% of each security to cover over-allotments, if any, which amount is included in the above number.
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Source: PRNewswire