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Update on obligations for LLA-47

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In our announcement dated 26 May 2015,  we advised the market that the requirement to provide an additional guarantee of USD 10.5 million had been extended by the National Agency of Hydrocarbons (ANH) to 29 July 2015.

We continue to have a positive dialogue with the ANH and have requested a further extension, whilst we agree the most efficient structure to put in place to meet our obligations under the licence. The market will be informed immediately of any material developments in this respect.

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

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