DRILLING PARTICIPATION AGREEMENT BETWEEN INTEROIL CORPORATION (“InterOil”) AND PNG DRILLING VENTURES LIMITED (“PNGDV”)Drilling Participation Agreement • March 31st, 2006 • Interoil Corp • Crude petroleum & natural gas • Alberta
LOAN AGREEMENT between E.P. INTEROIL, LTD. and OVERSEAS PRIVATE INVESTMENT CORPORATION Dated as of June 12, 2001Loan Agreement • March 31st, 2006 • Interoil Corp • Crude petroleum & natural gas • New York
The total cost of the Project (being the assets of the Developer and Refiner on a consolidated basis) are estimated to be as follows:
1. INTERPRETATION 1 2. INDIRECT PARTICIPATION INTEREST 5 3. CONVERSION RIGHTS 5 4. PHASE ONE EXPLORATION PROGRAM 6 5. DISCOVERIES AND SUBSEQUENT WORK 6 6. PHASE TWO EXPLORATION PROGRAM AND PNGEI OPTION 6 7. ASSIGNMENT 9 8. CONFIDENTIALITY AND PUBLIC...Indirect Participation Interest Agreement • March 31st, 2006 • Interoil Corp • Crude petroleum & natural gas • Ontario
AMENDED AND RESTATED INDIRECT PARTICIPATION INTEREST AGREEMENT by and among INTEROIL CORPORATION AND the INVESTORS (Listed on Exhibit A) FEBRUARY 25, 2005Indirect Participation Interest Agreement • March 31st, 2006 • Interoil Corp • Crude petroleum & natural gas • Texas
THIS AGREEMENT is made as of the 25th day of February 2005, by and among InterOil Corporation, a New Brunswick, Canada corporation (“InterOil”), and the persons who have executed this Agreement and whose names are listed on Exhibit A (individually an “Investor” and collectively, “Investors”).
