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Interoil Exploration and Production ASA: Production report for October 2017

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Below please find average gross operated production in October 2017 and corresponding numbers for September 2017.

Please note that from third quarter 2017 the company will be reporting gross operated production on a monthly basis. This is a more relevant indicator of the production capacity of the fields and operational performance of the company.

Interoil's working interest of production will continue to be reported as part of the company's interim financial reports.

IOX operated October 2017 September 2017***
  Boe/d* Bopd** Boe/d* Bopd**
Colombia 2 195 1 718 2 143 1 662

 * Barrels of oil equivalents per day
** Barrels of oil per day
*** For comparison, Interoil previously reported daily production in September adjusted for working interest and before royalty at 1 080 Boe/d and 744 Bopd for the licences where IOX has participation and 483 Bopd for the operated service contract licences.

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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 60 people and is headquartered in Oslo.

This information is subject to 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

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