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Interoil Exploration & Production ASA : Production update September 2013

Average production in September 2013, compared to average production in August 2013, was:

Production* September 2013 August 2013
Boe/d** Bopd*** Boe/d** Bopd***
Peru   2 502 2 502 2 878 2 878
Colombia 1 837 1 337 1 826 1 345
Total   4 339 3 839 4 704 4 223

 *Working interest average daily production before royalty

**Barrels of oil including associated gas

***Barrels of oil

Oil has been sold at average sales price of USD 109.7/bbl in Peru and USD 100.9/bbl in Colombia in September.

 Gas has been sold at average sales price of USD 18.0/bbl in Colombia in September.

Production decline in Peru was caused by the failure of a gas compressor, which has since been replaced. The new compressor is expected to be on line by the end of October.

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 currently employs approximately 275 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.

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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