InterOil Exploration and Production ASA (DE:1ZD0) has released an update.
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InterOil Exploration and Production ASA, a Norwegian-based company, is set to enhance oil production in Colombia through a campaign that reopens dormant wells and improves artificial production systems to increase output and reduce costs. The initiative reaffirms InterOil’s commitment to its Colombian operations and aligns with its request to extend the Puli C Contracts currently under authority review. It also underlines the company’s dedication to meeting its social and environmental responsibilities while seeking new opportunities to enrich its portfolio.
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