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InterOil discover new reservoir potential in Colombia; Southern part of MANA field

InterOil's first well in Mana South is completed with a very encouraging production of 410 bopd.
 
Additional three consecutive wells are scheduled over the next months, in order to further determine the potential of this area.
 
The cost of the first well is approximately USD 1.8 million. InterOil is operator with a 70% working interest, our partner state owned Ecopetrol has 30%.
 
"The extension of the Mana Field to the South could add significant production volume and reserves. We are extremely excited by the early results, and will prepare for several additional wells this year", says Nils N. Trulsvik, CEO of InterOil E&P ASA.
 
For more information please contact:
Wilhelm Matheson
CFO
Tel: +47 6751 8652
Mob: +47 4147 8558
Fax: +47 6751 8660
E-mail: w.matheson@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 and West-Africa. The company is operator of several production and exploration assets in Peru and Colombia, and is an active license partner in Angola and Ghana. InterOil currently employs approximately 200 people and is headquartered in Oslo.
 

Interoil Main Office:
c/o Advokatfirmaet Schjødt AS
Ruseløkkveien 14
NO-0251 Oslo, Norway

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

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