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Interoil Exploration & Production ASA : Production update 2014

Average production in March 2014, compared to average production in February 2014, was:

Production* March 2014 February 2014
Boe/d** Bopd*** Boe/d** Boe/d**
Peru   2 270 2 270 2 318 2 318
Colombia 1 754 1 243 1 898 1 322
Total   4 024 3 513 4 216 3 640

*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 105.3/bbl in Peru and USD 93.2/bbl in Colombia in March.

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

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 and 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 235 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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