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An update from InterOil Exploration and Production ASA ( (DE:1ZD0) ) is now available.
Interoil Exploration and Production ASA reported a decline in total operated production to 97,506 barrels of oil equivalent for the quarter, down from 103,738 boe in the same period of 2024, primarily due to compressor failures in Argentina. Despite the production drop, the company saw an increase in revenue to USD 5.7 million, driven by higher gas prices. The company also completed a successful downhole intervention in Colombia and launched a well service campaign in the Mana Field, bringing seven wells back online.
More about InterOil Exploration and Production ASA
Interoil Exploration and Production ASA is a Norwegian-based exploration and production company listed on the Oslo Stock Exchange, focusing on Latin America. The company operates and holds licenses for several production and exploration assets in Colombia and Argentina, with its headquarters in Oslo.
YTD Price Performance: 11.46%
Average Trading Volume: 69,394
Current Market Cap: NOK43.29M
For an in-depth examination of 1ZD0 stock, go to TipRanks’ Overview page.