Hold the Presses is your online newsportal en brings press releases from around the world. Journalists can use it for free, although it is their responsibilty to check the news. Hold the Presses is in no way responsible for the content of the press releases, the Sender is. We hope you enjoy reading the news we bring you on this website. If a message is published that is not acceptable, we apologize. Please contact us and we will remove the message as soon as possible.

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.




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
If you would like to unsubscribe and stop receiving these e-mails click here.