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Friday, 11 August 2017

Interoil Exploration & Production ASA: Q2 2017

Interoil Exploration & Production ASA    

Published: 08:00 CEST 11-08-2017 /GlobeNewswire /Source: Interoil Exploration & Production ASA / : IOX /ISIN: NO0010284318

Interoil Exploration & Production ASA: Q2 2017

 

 

Interoil recorded an EBITDA of USD 0,5 million in Q2 2017 (Q1 2017: USD 1,6 million) on operating revenues of USD 3,5 million (Q1 2017: USD 3,7 million). Decreased revenues and EBITDA result from reduced oilprice, slightly reduced oil and gas production and sales, in addition to increased cost of goods sold and administrative expenses. Net comprehensive loss came in at USD 2,3 million (Q1 2017:  USD 1,4 million loss).

 

Detailed information on the operational and financial activities of Interoil is presented in Interoil's Q2

2017 Report enclosed.

 

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 production and exploration assets in Colombia. Interoil currently employs approximately 70 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.


IOX - Q2 2017



This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: Interoil Exploration & Production ASA, Klingenberggaten 7B, Oslo 0161, Norway
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