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Call for Bondholder Meeting

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In connection with the ongoing refinancing Interoil is calling for a bondholder meeting in order to obtain an extension of the NOK 310 million bond loan's maturity and certain other necessary waivers and changes. The proposal is structured and based on feedback from investors and bondholders in connection with the ongoing refinancing and implementation of the proposal will be conditional on successfully completing the proposed equity issue which needs approval in the upcoming EGM on 5 March 2013.

In summary the proposal entails:

  • Extension of the bond's maturity to March 2016
  • Introduction of a new call structure due to the extended duration
  • Cancellation of the amortization in March 2013
  • Certain other changes required in order to align the bond loan agreement to the current situation in the company and enable implementation of the cost cutting program

For more information please contact:

Thomas J. Fjell            Erik Sandøy

CEO                           CFO

Mob: +47 958 15 300    Mob: +47 488 94 426


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 280 people and is headquartered in Oslo.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Bond summons

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

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