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Interoil recorded an EBITDAx (EBITDA adjusted for exploration expenses) from continuing operations of USD 1,5 million in Q3 2015 (Q3 2014: USD 6,8 million) on operating revenues of USD 4,4 million (Q3 2014: USD 13,3 million). The decrease in revenues and EBITDAx primarily results from the fall in the oil price and production. Administrative expenses were reduced by almost USD 0,8 million year on year, resulting in a comprehensive net loss of USD 0,1 million (Q3 2014: profit USD 0,9 million).
Detailed information on the operational and financial activities of Interoil is presented in Interoil's Q3 2015 Report enclosed.
Please direct any further questions to: 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 production and exploration assets in Colombia. Interoil currently employs approximately 95 people and is headquartered in Oslo.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.