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Interoil Exploration and Production ASA (IOX.OL)

IOX.OL on Oslo Stock Exchange

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1 Dec 2016
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Latest Key Developments (Source: Significant Developments)

Interoil Exploration and Production Q2 operating revenue down at $4.0 mln
Thursday, 11 Aug 2016 02:28am EDT 

Interoil Exploration and Production ASA : Q2 EBITDA $1.2 million versus $1.1 million in Q1 .Q2 operating revenue $4.0 million versus $6.2 million year ago.  Full Article

Interoil and ANH reach agreement regarding COR-6 licence
Thursday, 23 Jun 2016 03:09am EDT 

Interoil Exploration and Production ASA : Says areement has been reached with the Agencia Nacional de Hidrocarburos (ANH) to transfer COR-6 exploration commitments of $22 million to Altair and LLA-47 licences also held by the company . Agreement is subject to Attorney General confirmation and court approval .Says is required to initially increase guarantees on Altair and LLA-47 licences $1.5 million and $1.4 million respectively consistent with additional commitments.  Full Article

Interoil: May production IOX licences down at 1,081 boe/d
Thursday, 9 Jun 2016 02:14am EDT 

Interoil Exploration and Production ASA : Production in May 2016 IOX licences, Colombia, 1,081 boe/d versus 1,139 boe/d in April 2016 .Production in May 2016 operator licences in Colombia 484 boe/d versus 485 boe/d in April 2016.  Full Article

Interoil Exploration and Production Q1 EBITDA up at $1.1 million in Q1 2016
Thursday, 12 May 2016 02:29am EDT 

Interoil Exploration And Production ASA : Q1 operating revenue of $3.9 million versus Q4 2015 $3.6 million .EBITDA of $1.1 million in Q1 2016 (Q4 2015: $1.0 million before one off provisions).  Full Article

Interoil: April production ‍IOX licences in Colombia down at 1,139 boe/d
Tuesday, 10 May 2016 02:01am EDT 

Interoil Exploration and Production ASA : Production in April 2016 IOX licences, Colombia, 1,139 boe/d versus 1,209 boe/d in March 2016 . Production in April 2016 operator licences in Colombia 485 boe/d versus 476 boe/d in March 2016 .Oil has been sold at average net sales price $36.7/bbl in April.  Full Article

InterOil : Canacol to acquire 49 pct of Anders' interest in Interoil
Monday, 16 Nov 2015 02:01am EST 

InterOil Exploration and Production ASA:Canacol has agreed to acquire 49 percent of Andes' 51 percent interest in Interoil for a consideration of $3.2 million.Canacol agreed to provide a guarantee of $4.8 million to fulfill Interoil's guarantee obligations for the LLA-47 licence.Agencia Nacional de Hidrocarburos will release Interoil from guarantees totalling $3.6 million.  Full Article

InterOil Exploration and Production updates on guarantees for LLA 47
Wednesday, 28 Oct 2015 03:08am EDT 

InterOil Exploration and Production ASA:Says Agencia Nacional De Hidrocarburos (ANH), has accepted its request to reduce amount of guarantees currently in place for LLA 47.ANH has confirmed that reduced guarantee of $4.8 mln equivalent to 20 pct of commitment of current exploration phase, is required to satisfy guarantee obligations.  Full Article

Interoil Exploration and Production: approval and publication of prospectus
Wednesday, 25 Mar 2015 11:45am EDT 

InterOil Exploration and Production ASA:Approval and publication of prospectus.Approved prospectus for listing of 395,000,000 new shares each with a nominal value of 0.05 Norwegian crown.New shares are expected to be listed and tradable on Oslo Bors from and including March 26, 2015.  Full Article

Interoil Exploration and Production ASA presents preliminary result of mandatory offer
Thursday, 19 Mar 2015 03:52am EDT 

InterOil Exploration and Production ASA:Preliminary result of offer shows that offeror, Andes Energia plc, has received acceptances of offer for a total of 42,176 shares in company at an offer price of 0.11 Norwegian crown per share representing about 0.01 pct of the issued and outstanding shares in company.Settlement of offer will take place no later than on April 1, 2015.Together with 330,000,000 shares already held in company by offeror, offeror will following settlement of offer hold 330,042,176 shares in company, about 51.02 pct of all issued and outstanding shares of company.  Full Article

InterOil Exploration and Production reaches settlement with Trayectoria Oil & Gas
Wednesday, 4 Mar 2015 02:20am EST 

InterOil Exploration and Production ASA:Says settlement has been reached with Trayectoria Oil & Gas (TOG) in relation to Altair and Cor-6 exploration licenses in Colombia.Parties agreed to settle dispute and entered into a settlement agreement under which TOG will pay Interoil $4,000,000 in four installments.  Full Article