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Interoil Exploration & Production ASA: Production update 2017

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

IOX licences* August 2017 July 2017
  Boe/d** Bopd *** Boe/d** Bopd***
Colombia 968 627 915 557

Operator licences August 2017 July 2017
  Boe/d** Bopd*** Boe/d** Bopd***
Colombia 447 447 456 456

*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 49,8/bbl in August.

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

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

The Vikingo well has been completed with final installations and is currently flowing at 524 bpd.

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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