InterOil has opened for trading on the New York Stock Exchange (NYSE), after moving its listing from NYSE Amex, a U.S. equities market of NYSE Euronext (NYX). The company's stock will continue to trade under its current ticker symbol "IOC."
InterOil Corporation, with operations in Papua New Guinea, is the first Asia Pacific company to move its listing from NYSE Amex to the NYSE since NYSE Euronext's acquisition of the former American Stock Exchange.
"We welcome InterOil Corporation on its move to the New York Stock Exchange," said Catherine R. Kinney, NYSE Euronext Group Executive Vice President and Head of Global Listings. "We look forward to continuing to provide the company and its shareholders with the superior services and brand visibility associated with listing on NYSE Euronext markets."
"We are pleased to be able to list on the New York Stock Exchange, the world’s premiere Exchange, and provide shareholders and investors with the increased liquidity and visibility it offers," said Phil Mulacek, InterOil's Chairman and Chief Executive Officer. "We look forward to building our shareholder base through a long and successful relationship with the NYSE."
To commemorate this occasion, InterOil Corporation Chairman and Chief Executive Officer Phil Mulacek rang The Opening BellSM at the NYSE.
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