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Average production in September 2013, compared to average production in August 2013, was:
Production* | September 2013 | August 2013 | ||
Boe/d** | Bopd*** | Boe/d** | Bopd*** | |
Peru | 2 502 | 2 502 | 2 878 | 2 878 |
Colombia | 1 837 | 1 337 | 1 826 | 1 345 |
Total | 4 339 | 3 839 | 4 704 | 4 223 |
*Working interest average daily production before royalty
**Barrels of oil including associated gas
***Barrels of oil
Oil has been sold at average sales price of USD 109.7/bbl in Peru and USD 100.9/bbl in Colombia in September.
Gas has been sold at average sales price of USD 18.0/bbl in Colombia in September.
Production decline in Peru was caused by the failure of a gas compressor, which has since been replaced. The new compressor is expected to be on line by the end of October.
For more information please contact:
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Interoil Exploration & 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 Peru and Colombia. Interoil currently employs approximately 275 people and is headquartered in Oslo.