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InterOil Exploration and Production ASA ( (DE:1ZD0) ) has provided an update.
Interoil Exploration and Production ASA reported a significant increase in its operated production for March 2025, reaching 2,504 barrels of oil equivalents per day (boepd), up by 428 boepd from February. This growth was driven by increased production in Argentina and Colombia, with Argentina overcoming previous gas production issues due to compressor breakdowns and Colombia benefiting from the reactivation of shut-in wells. The improvements in production are likely to enhance Interoil’s operational efficiency and strengthen its market position in Latin America.
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: -18.00%
Average Trading Volume: 11,005
Technical Sentiment Signal: Buy
Current Market Cap: €2.71M
For a thorough assessment of 1ZD0 stock, go to TipRanks’ Stock Analysis page.