Interoil ramps up its activity in Colombia and Argentina and launches application period for new shares issue

Share price: View latest

On 6 of April CEO Leandro Carbone held a presentation about Interoil’s planned investments in Colombia and Argentina and the ongoing Share Issue. Please find a replay of the webinar below:

For more information about Interoil’s plans and how to take part in the share issue please find links to relevant documents including the National Prospectus and Application form below:

Investment highlights and details about the Share Issue

  • Interoil has signed a participation agreement with SLS and Quantum Resources for the drilling of up to two exploration wells in LLA-47, in Colombia.
  • Interoil will also invest in the re-opening of the remaining 19 wells in the Mata Magallanes Oeste (MMO) oil field, in Argentina.
  • To finance the new investments Interoil is offers new shares in the Company with gross proceeds of up to NOK 30,4 million.
  • The subscription price in the Share Issue is established at 1.20 per share.
  • Minimum subscription amounts to NOK 10,000.
  • The application period commenced on 6 April 2021 CEST 09:00 and will close on  23 April 2021 at 16:30 CEST.

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

Design & production: Innoventi