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Company update: COR-6 licence

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Further to our announcement on 19 May 2016, the postponed conciliation meeting was due to be held with the Agencia Nacional de Hidrocarburos ("ANH") on 25 May 2016 to consider the extrajudicial conciliation petition filed by the company in respect of the COR-6 situation. Due to the fact the ANH has still not completed their internal review of the proposal presented by the company, the ANH has requested for the meeting to be further postponed.  The meeting has been rescheduled for 22 June 2016.

Further information and updates will be given when available and as appropriate.

Contact: 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 the operator of several production and exploration assets in Colombia. Interoil currently employs approximately 71 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
Tordenskiolds gate 12
NO-0160 Oslo, Norway


E-mail: ir@interoil.no

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