InterOil Corporation announced that at its annual and special meeting of shareholders, held on June 24, all matters put before shareholders at the meeting were approved, including the election of Gaylen Byker, Phil Mulacek, Roger Grundy, Roger Lewis, Ford Nicholson, Sir Rabbie Namaliu, Samuel L. Delcamp and Sir Wilson Kamit as directors.
The meeting also approved and confirmed the new shareholder rights plan of InterOil, and the new by-laws of InterOil in substitution for its previous by-laws, as proposed in the Notice of meeting and accompanying Information Circular dispatched to shareholders, all of which have been filed on SEDAR and EDGAR.
At the meeting a management presentation was provided with an update on business and strategies. Highlights regarding previously announced proposed transaction with ExxonMobil Papua New Guinea Ltd. in the presentation include: