Report For The First Six Months And The Second Quarter Of 2025
Highlights in the period
Interoil's Total operated production for the three-month period ending 30 June 2025 amounted to 63,467 barrels of oil equivalent (boe), representing a decline from 100,364 boe recorded in the same period of 2024.
Operations in Argentina were negatively affected by winter conditions that damaged surface oil lines, while failures in power generation and compression equipment further compounded the impact.
As a result, lower production combined with lower oil prices led to a decline in revenue to USD 3.9 million, compared to USD 5.3 million in the previous year.
Subsequent events and current plans
In July, at the Company's request, bondholders approved amendments to the bond terms to settle the full July 2025 interest payment in kind by issuing and delivering additional bonds.
On August 22nd, an unexpected rupture occurred in Vikingo's high-pressure surface production line, resulting in a minor oil spill of approximately 10 barrels. The issue was resolved within the day.
For more information, please see enclosed Interoil Exploration and Production ASA's Report for the first six months and second quarter quarter of 2025.
This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.
***************************
Please direct any questions to ... (...)
About Interoil
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 and license holder of several production and exploration assets in Colombia and Argentina with headquarter in Oslo
Attachment
-
Interoil half-year and Q2 2025 report


Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- United States Lubricants Market Growth Opportunities & Share Dynamics 20252033
- UK Digital Health Market To Reach USD 37.6 Billion By 2033
- Immigration Consultancy Business Plan 2025: What You Need To Get Started
- United States Animal Health Market Size, Industry Trends, Share, Growth And Report 2025-2033
- Latin America Mobile Payment Market To Hit USD 1,688.0 Billion By 2033
- United States Jewelry Market Forecast On Growth & Demand Drivers 20252033
Comments
No comment