Interoil Exploration & Production ASA : OEFA resolution

Fri Jun 7, 2013 3:06am EDT

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With reference to the presse release sent by Interoil 31 January 2013, which stated that the Agency of the Envirmental Supervision and Control in Peru (OEFA) was starting an administrative investigation procedure against Interoil Peru S.A. due to the drilling of 4 wells outside the locations approved by the Agency.
On 7 June 2013, the Agency notified Interoil Peru S,A. that it would impose a fine of approximately USD 1,8 million.
Interoil is currently studying the resolution and assessing its alternatives. 

For more information please contact:

Thomas J. Fjell
Mob: +47 958 15 300

Erik Sandøy
Mob: +47 488 94 426


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, Colombia and Ghana. InterOil currently employs approximately 280 people and is headquartered in Oslo.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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Source: Interoil Exploration & Production ASA via Thomson Reuters ONE