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Q1 2017

Interoil recorded an EBITDA of USD 1,6 million in Q1 2017 (Q4 2016: USD 0,8 million) on operating revenues of USD 3,7 million (Q4 2016: USD 3,6 million). Increased revenues and EBITDA result from increased oilprice, increased gas production and reduction in cost of goods sold including depreciation. Administrative cost fell to USD 1 million from USD 1,4 million in Q4 2016. Net comprehensive loss came in at USD 1,4 million (Q4 2016:  USD 3,5 million loss).

Detailed information on the operational and financial activities of Interoil is presented in Interoil's Q1
2017 Report enclosed.

Please direct any further questions to: ir@interoil.no.

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Interoil Exploration and 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 production and exploration assets in Colombia. Interoil currently employs approximately 70 people and is headquartered in Oslo.

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.
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Interoil Q1-2017 report

Interoil Main Office:
Kronprinsensgate 17
NO-0251 Oslo, Norway

Phone: (+47) 67 51 86 50
Fax: (+47) 67 51 86 60
info@interoil.no

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