InterOil Corporation (NYSE:IOC) (POMSoX:IOC) announces financial results for the 2009 full year and fourth quarter.
The press release is quoted as saying:
Upstream gross capital expenditures of $91.8 million add best case gross initial recoverable resources of 889 million barrels of oil equivalent, as estimated by GLJ Petroleum Consultants Ltd., which evaluated InterOil’s resources at the Elk and Antelope field in Papua New Guinea effective as at December 31, 2009.
