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Interoil Exploration & Production ASA : Colombia drilling program update

The results of our second Monserrate well (MNS-6) show an average daily production of 185 bopd and 216 boepd including associated gas. The well was drilled to 4180 ft with a 39 degree deviation. 411 ft. of net sands were selected for perforation. GOR was 1129 scf/stb  of 26.4 API oil gravity with 0.2% BSW.

The well is producing in accordance with our expectations.

The third well of our drilling program, Mana South 9, has been drilled to its target depth. It is currently being perforated and will be tested for 1-2 weeks before the results are announced.

 

For more information please contact:

Thomas J. Fjell            
CEO                           
Mob: +47 958 15 300

Erik Sandøy
CFO
Mob: +47 488 94 426
    
www.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. The company is operator of several production and exploration assets in Peru and Colombia. Interoil is headquartered in Oslo.

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

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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