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Interoil Exploration and Production ASA : Production update 2014

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Average production in September 2014, compared to average production in August 2014, was:

Production* September 2014 August 2014
  Boe/d** Bopd*** Boe/d** Bopd***
Peru  2 267 2 267 2 255 2 255
Colombia 1 756 1 193 1 710 1 173
Total  4 023 3 460 3 965 3 428

*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 96.0/bbl in Peru and USD 89.2/bbl in Colombia in August.

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

As communicated in the Q2 2014 report, the inventory build-up of 30 000 barrels in Colombia was reversed during Q3.

For more information please contact:

Thomas J. Fjell
CEO
 
Erik Sandøy
CFO
 
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 230 people and is headquartered in Oslo.

Interoil Main Office:
c/o Advokatfirmaet Schjødt AS
Tordenskiolds gate 12
NO-0160 Oslo, Norway


E-mail: ir@interoil.no

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