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Interoil Exploration & Production ASA: Production update 2017

 Average production in July 2017, compared to average production in June 2017, was:

IOX licences* July 2017 June 2017
  Boe/d** Bopd *** Boe/d** Bopd***
Colombia 915 557 904 561

Operator licences July 2017 June 2017
  Boe/d** Bopd*** Boe/d** Bopd***
Colombia 456 456 464 464

*Working interest average daily production before royalty
**Barrels of oil including associated gas
***Barrels of oil

Oil has been sold at average net sales price: USD 45,8/bbl in July.

Gas has been sold at average net sales price: USD 19,8/boe in July.

Operations & Maintenance Contract sales price: base production USD 17/bbl in July.

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 several 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.

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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