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Production update 2016

Average production in May 2016, compared to average production in April 2016, was:

IOX licences* May 2016 April 2016
  Boe/d** Bopd*** Boe/d** Bopd***
Colombia 1 081 647 1 139 670

Operator licences May 2016 April 2016
  Boe/d** Bopd*** Boe/d** Bopd***
Colombia 484 484 485 485

*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 41,7/bbl in May.

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

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

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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