| HOLD | 28.870 | Glenn MacNeill, P.Eng. | Had a gas discovery and is going through refinancing. Some outstanding credit issues are looking much better now. Needs a bunch of money to develop an LNG project in Papua New Guinea. Long-term project. | 2008-05-16 | |
| BUY | 33.950 | Michael Smedley | In Papua New Guinea A viciously volatile stock. Just clinched financing by Merrill Lynch for the gas pipeline. There is the backdrop of the refinery they built, the only one there as well as a distribution network they bought from Shell and BP. The potential is for it to be hugely higher. High risk. | 2007-08-09 | |
| DON'T BUY | 20.170 | David Cockfield | Operating in New Guinea. Have had various disappointments. Geology is very complex. The refinery is a nice asset. Speculative. Considering using as a tax loss. | 2006-10-05 | |
| DON'T BUY | 21.820 | Peter Hodson | This is a company that has been trying to get positive drilling results for many, many years. He gave up on the company a couple of years ago. It always seems to be overpromise and fail to deliver. Relatively expensive. There is a lot of shortselling against it. | 2006-01-05 | |
| WEAK BUY | 20.700 | Michael Smedley | Is down about 30% today. You will continue to see violence on this. A wildcatting, pioneering type of company in New Guinea. In very good geological terrain. Also has a refinery. You now have to wait for more news and hope that it will be good. On a wildcatting speculative basis, he would be a buyer. Supported at the $17/18 level by the refinery. | 2006-01-03 | |
| DON'T BUY | 31.300 | David Cockfield | Located in Papua New Guinea. They have a refinery but also have some drilling land. The company has not shown itself to be competent in its drilling. The refinery is good, but the oil exploration side is highly questionable. | 2005-12-30 | |
| DON'T BUY | 21.500 | Bill Carrigan | This stock is in a clear downtrend. Did not perform when all the other stocks in this sector were going up. | 2005-11-28 | |
| BUY | 29.260 | Michael Smedley | Just completing the acquisition of a chain of gas stations. When the modern drill gets in place, they might just have a major discovery. | 2005-08-11 | |
| BUY | 29.090 | Michael Smedley | Getting into an interesting phase. It will soon be regarded as an integrated. Located in Papue New Guina. | 2005-07-20 | |
| DON'T BUY | 28.890 | Glenn MacNeill, P.Eng. | Has had a huge capital appreciation which reflects the value the company has created in the refining side. Prefers domestic companies. Might be a little expensive. | 2005-06-07 | |
| BUY | 44.000 | Michael Smedley | Has potential magic in it. In New Guinea. The only prominent smallcap oil that can generate news. Is producing and refining from the only refinery in the trans-ocean area. Interesting assets. Highly speculative. | 2005-01-19 | |
| BUY | 29.250 | Peter Hodson | Sold some convertibles which kneecaps the stock when it gets into the money. Sold some at that time. Still some upside. | 2004-09-24 | |
| VAGUE | 21.990 | Bill Harris | This is the most active stock today. This is a great asset. | 2004-08-27 | |
| BUY | 22.000 | David Cockfield | The new refinery is in operation and they have an extensive drilling program in Papua New Guinea. Price hss drifted down and is close to a buy now. | 2004-07-26 | |
| HOLD | 28.650 | Peter Hodson | A frustrating stock that has just been drifting. The refinery in Papau New Guinea is up and running which will create $3 a share. Moving to the TSX shortly. | 2004-07-08 | |
| BUY | 32.750 | Peter Hodson | Their refinery starts up in about three weeks. They will have revenues pretty soon. Haven't hit anything yet on their oil drilling program. | 2004-05-17 | |
| BUY | 33.000 | David Cockfield | Refineries should be going into actual operation within a month and will then probably have a workup period. We'll have a monopoly in Papau New Guinea. | 2004-05-12 | |
| BUY | 34.000 | Peter Hodson | Their refinery will be able to open up in June so they'll have cash flow very soon. Have applied to be listed on the American exchange. | 2004-04-08 | |
| BUY | 35.400 | Kyle McKay | Rather volatile as there are limited shares outstanding. Their drilling project has been delayed but they should reach their desired depth in the next month or so. Likes their refinery. | 2004-03-09 | |
| PAST TOP PICK | 37.100 | Peter Hodson | (A top pick Sept 9/03. Up 12.4 %.) Still likes. If any of their wells hit, they won't have to buy any oil for their refinery. | 2004-01-23 | |
| TOP PICK | 34.950 | Michael Smedley | A very high gas/oil potential. US government backed. | 2004-01-16 | |
| PAST TOP PICK | 27.000 | Peter Hodson | (A top pick Sept 9/03. Down 18%.) Drilling a well in Papua New Guinea, which has given them a lot of trouble. Still a great stock for next year. | 2003-12-04 | |
| BUY | 26.000 | Peter Hodson | Has been disappointed in the stock, but still likes the company. Had a huge run but is not going back to where it started. A well being drilled in Papua, New Guinea is taking forever. Should be a good story next year. | 2003-11-14 | |
| DON'T BUY | 27.000 | Robert Lyon | Stable on a political valuation. The value of their refinery is somewhere between $15 & $25. The balance of the stock price would be for their exploration side. Have some interesting prospects but it is a big risk. Would prefer to get it at $20. | 2003-11-10 | |
| HOLD | 27.450 | David Cockfield | Offshore oil's got hit after Petrokazakstan (?) got into trouble. This one is in a different kind of environment. The refinery is the main asset but has been getting positive drilling results. Would buy on weakness. | 2003-10-23 | |
| BUY | 29.480 | David Cockfield | Their new refinery should be in operation in the next couple of months. A little bit speculative. Expect it will be on the TSE before too long. | 2003-09-19 | |
| TOP PICK | 33.000 | Peter Hodson | Likes that they have a monopoly of a sole refinery in Papua New Guinea. Have contracts with BP and Shell, so risk is limited. Are now drilling for oil which could add 56 pre share value to the company. | 2003-09-09 | |
| BUY | 31.650 | David Cockfield | They've got their balance sheet in order. A good trust. | 2003-08-28 | |
| WEAK BUY | 34.000 | Michael Smedley | Just made a very large oil find.Has the only refinery in New Guinea.Has come a long ways in the short time. | 2003-08-08 | |
| WAIT | 32.450 | David Cockfield | Took over a refinery in Papua, New Guinea.Did some drilling, and hit a big gusher in zone 1.Has now gotten a little ahead of itself.Six more Wells to drill. | 2003-08-01 | |
| PAST TOP PICK | 26.500 | Peter Hodson | (Was a top pick on May 12/03. Up 17.1%.) Very happy with it. A good price. | 2003-07-29 | |
| TOP PICK | 16.950 | Peter Hodson | No analyst covering this stock yet. Have relationships with Shell and BP. US government has invested in the project. | 2003-07-10 | |
| TOP PICK | 17.500 | Peter Hodson | Have partnerships with Shell, BP and the US government. A captive market. Management owns a lot of their own stock. | 2003-05-12 | |
| TOP PICK | 18.150 | Peter Hodson | US government has loaned them 95 million to build an oil refinery in Papua, New Guinea. Drilling for oil now and has partnerships with two major companies. | 2003-05-06 | |
Experts that have talked about Interoil