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Production update 2016

Average production in March 2016, compared to average production in February 2016, was:

IOX licences* March 2016 February 2016
  Boe/d** Bopd*** Boe/d** Bopd***
Colombia 1 209 718 1 222 748

Operator licences March 2016 February 2016
  Boe/d** Bopd*** Boe/d** Bopd***
Colombia 476 476 492 492

*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 32,2/bbl in March.

Gas has been sold at average net sales price: USD 21,2/bbl in March.

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

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 70 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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