Killajoules

InterOil Completes Farm-In Transacation with Pacific Rubiales Energy in Papua New Guinea
InterOil Corporation (NYSE: IOC) (POMSoX: IOC) (“InterOil” or the “Company”) is pleased to announce that it has completed the farm-in transaction with Pacific Rubiales Energy Corp. (TSX: PRE; BVC: PREC; BOVESPA: PREB) (“PRE”) relating to its acquisition of a 10.0% net (12.9% gross) participating interest in Petroleum Prospecting License 237 (“PPL 237”) onshore Papua New Guinea, including the Triceratops structure and exploration acreage located within that license. This announcement is made to confirm completion of the Farm- In Agreement with PRE announced on July 30, 2012

Karoon executes an agreement to farm out 35% equity in Santos Basin, Brazil Blocks
Karoon Gas Australia Ltd (ASX: KAR) and Pacific Rubiales Energy Corp. (TSX: PRE) BVC:˚PREC) (BOVESPA: PREB) have, through their subsidiaries, executed final agreements for PRE to acquire a 35% interest in the Karoon’s wholly owned Santos Basin Exploration Blocks, S-M-1101, S-M-1102, SM-1037 and S-M-1165 with an option to acquire a 35% interest in S-M-1166 ("Blocks"). In consideration for acquiring the interests in the Blocks, Pacific Rubiales will pay Karoon US$40 million in cash as consideration for the assignment and fund up to US$210 million in carried well costs.

Pacific Rubiales announces cdn$1.60 per share all-cash acquisition of petromagdalena energy
Pacific Rubiales Energy Corp. (TSX: PRE; BVC: PREC; BOVESPA: PREB) today announced that it has entered into a definitive agreement (the "Arrangement Agreement") with PetroMagdalena Energy Corp. (TSX-V: PMD) pursuant to which the Company has agreed to acquire all of the issued and outstanding common shares in the capital of PetroMagdalena by way of a Plan of
Arrangement under the British Columbia Business Corporations Act (the "Arrangement").

InterOil Enters Into Heads Of Agreement With Pacific Rubiales Energy For Interest In Triceratops And PPL2
InterOil Corporation (NYSE:IOC) (POMSoX:IOC) (“InterOil” or the “Company”) announced that it has signed a binding Heads of Agreement with Pacific Rubiales Energy (TSE:PRE) whereby PRE can earn a 10.0% net (12.9% gross) participating interest in the PPL237 Petroleum Prospecting License onshore Papua New Guinea, including the Triceratops structure located within that license. The transaction contemplates staged initial cash payments totaling US$116 million, an additional carry of a portion of the costs of an agreed exploration work program, and a final resource payment.

Pacific Rubiales is Poised to Enter LNG Export Market
Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) acting through its wholly owned subsidiary Pacific Stratus Energy Colombia Corp. ("PSE"), announced today the signing of a natural gas Liquefaction, Regasification, Storage and Loading Services Agreement with Belgium based Exmar NV ("Exmar").

Pacific Rubiales Announces Natural Gas And Condensate Discovery On The Guama Exploration Block, Colombia
Pacific Rubiales Energy Corp. (TSX: PRE; BVC: PREC; BOVESPA: PREB) announced today the discovery of natural gas and condensate in the Cotorra-1X
exploration well, drilled on the Guama Block in the Lower Magdalena basin. The Company has 100% working interest in the block and is the operator.
Ronald Pantin, Chief Executive Officer of the Company commented: "this is an important exploration discovery for Pacific Rubiales and demonstrates the potential of both the Guama block and Lower Magdalena basin where the Company has a large exploration acreage position and is looking to increase
its gas reserves to support its initiative to develop an LNG export market in the future".

Pacific Rubiales Announces Development Of Lng Export Project At La Creciente, In Northern Colombia
Pacific Rubiales Energy Corp. (TSX: PRE; BVC: PREC) announced today that it has partnered with EXMAR to develop a liquefied natural gas ("LNG") export project in northern Colombia. EXMAR (Euronext: EXM) is a Belgian-based diversified shipping group serving the international oil and gas industry.