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Interoil Exploration & Production ASA : Update on obligations for LLA-47

 

The National Agency of Hydrocarbons (ANH) has granted an extension of 104 days for the exploration phase for LLA-47.

Interoil has completed 350km2 of 3D seismic and was obligated to drill eight exploration wells by October 2016, which has now been extended to 10 February 2017.

The requirement to provide an additional guarantee of USD 10,5 million has been extended to 29 July 2015.

Contact: ir@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 Colombia. Interoil currently employs approximately 95 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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