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Production update 2015

Average production in November 2015, compared to average production in October 2015, was:

IOX licences* November 2015 October 2015
  Boe/d** Bopd*** Boe/d** Bopd***
Colombia 1 165 718 1 212 773

Operator licences November 2015 October 2015
  Boe/d** Bopd*** Boe/d** Bopd***
Colombia 515 515 553 553

*Working interest average daily production before royalty
**Barrels of oil including associated gas
***Barrels of oil

Oil has been sold at average net sales price: USD 36,5/bbl in November.

The reduced price is due to the reduction in Brent, and the increase in the Vasconia differential.


Gas has been sold at average net sales price: USD 18,6/bbl in November.

Operations & Maintenance Contract sales price: USD 17/bbl in November.

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 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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