The average production in April 2012, compared to the average production in March 2012, was:
|Production*||April 2012||March 2012|
*The production is average daily oil production (bopd) before royalty
**InterOil's working interest in Colombia varies from 70% to 90% dependent on license
Heavy rain during February and March has caused the Chira River in Block III to rise and flood part of the South Mirador Field. InterOil has therefore decided to shut down parts of the production in Block III. The production is expected to be back to normal soon.
Oil has been sold at average sales price of USD 116.54 in Peru and USD 106.85 in Colombia per barrel during April.
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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 250 people and is headquartered in Oslo.