Interoil Q4 2018 report
28 Février 2019 - 8:00AM
Oslo, 28 February 2019
-
Production and revenues increased
in Q4 as Vikingo came back on stream on 1 November after workover
operation. The well was temporarily shut in again from 18
December while establishing alternative export options for
products.
-
The Company delivered an EBITDAx
(EBITDA adjusted for exploration costs and non-recurring items) of
USD 1.8 million.
-
Net comprehensive losses came in at
USD 0.4 million (Q3 2018: USD 0.8 million loss).
-
On 5 February, Vikingo well was put
back on stream. Production is now being transported through
Perenco's pipeline at Oropendola station 15 km east from
Vikingo
See attached quarterly report for further
information
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
several production and exploration assets in Colombia. Interoil
currently employs approximately 50 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 Q4 2018
This
announcement is distributed by West Corporation on behalf of West
Corporation clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Interoil Exploration & Production ASA via
Globenewswire
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