InterOil Corporation, together with its subsidiaries, engages in the exploration and production of oil and gas properties in Papua New Guinea. The company owns four petroleum prospecting licenses and two petroleum retention licenses located in Papua New Guinea covering approximately 8.2 million net acres. It also engages in liquefaction, refining, and marketing jet fuel, diesel, and gasoline, as well as naphtha and low sulfur waxy residue. In addition, the company involves in the retail and wholesale distribution of diesel, jet fuel, gasoline, kerosene, avgas, and fuel oil, as well as Shell and BP branded commercial and industrial lubricants, such as engine and hydraulic oils. InterOil Corporation was founded in 1990 and is based in Cairns, Australia.