"The CDNX listing will add liquidity to the company's securities by allowing North American shareholders to have easier access to the company securities," said chief executive officer of InterOil, Mr Phil Mulacek.
InterOil is developing an integrated oil business as well as petroleum exploration and downstream assets. Its initial refinery, currently being constructed across the harbour from Port Moresby, will produce 32,500 barrels of crude oil per day when completed.