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Production update 2015

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

IOX licences* December 2015 November 2015
  Boe/d** Bopd*** Boe/d** Bopd***
Colombia 1 251 771 1 165 718

Operator licences December 2015 November 2015
  Boe/d** Bopd*** Boe/d** Bopd***
Colombia 505 505 515 515

*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 31,1/bbl in December.
The reduced price is due to the reduction in Brent.

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

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

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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