News

Interoil / News

Share price: View latest

News

Interoil Exploration & Production ASA : Production update 2013

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

Production* October 2013 September 2013
Boe/d** Bopd*** Boe/d** Bopd***
Peru   2 388 2 388 2 502 2 502
Colombia 1 917 1 361 1 872 1 373
Total   4 305 3 749 4 374 3 875

*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 107.2/bbl in Peru and USD 102.2/bbl in Colombia in October.

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

Production decline in Peru was caused by the failure of a gas compressor, which has since been replaced. The new compressor was installed in early November. Production has since increased to above 2 500 bbl.

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

***************************

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

Design & production: Innoventi