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Production update February 2013

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The average production in February 2013, compared to the average production in January 2013, was:

Production* February 2013 January 2013
Gross Net Gross Net
Peru   2 820 2 820 2 757 2 757
Colombia** 1 342    974 1 326    964
Total   4 162 3 794 4 083 3 721

*The production is average daily oil production (bopd) before royalty
**InterOil's working interest in Colombia varies from 70% to 90% depending on license

Oil has been sold at average sales price of USD 112.5 in Peru and USD 109.2in Colombia per barrel during February.

For more information please contact:

Erik Sandøy                                                      Thomas J. Fjell
CFO                                                                    CEO
Mob: +47 488 94 426                                       Mob: +47 958 15 300
E-mail: esandoy@interoil.no                         E-mail: tfjell@interoil.no
 
www.interoil.no
 

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InterOil Exploration & Production ASA is a Norwegian based exploration and production company - listed on the Oslo Stock Exchange - with focus on Latin-America. The company is operator of several production and exploration assets in Peru, Colombia and Ghana. InterOil currently employs approximately 280 people and is headquartered in Oslo.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Interoil Main Office:
c/o Advokatfirmaet Schjødt AS
Tordenskiolds gate 12
NO-0160 Oslo, Norway


E-mail: ir@interoil.no

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