InterOil Exploration and Production

Net Asset Value • Oct 11, 2019

National Storage Mechanism | Additional information

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11 October 2019

Below please find average gross operated production in September 2019 and corresponding numbers for August 2019.

IOX operated	September 2019		August 2019
	Boe/d*	Bopd**	Boe/d*	Bopd**
Colombia	1780	1155	1823	1159
Argentina***	40	40

* Barrels of oil equivalents per day

** Barrels of oil per day

*** In line with plans, Interoil has started with its field optimization strategy in Mata Magallanes Oeste field in Argentina. Facilities have been re-engineered aiming at optimizing gas flow and gas-lines optimal working pressure. This initial field optimization allowed us to use the exceeding gas to fuel four new wells back on-stream in late August.

Please direct any further questions to: ir@interoil.no.

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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 of several production and exploration assets in Colombia and Argentina. Interoil currently employs approximately 50 people and is headquartered in Oslo.

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