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Interoil Reports December Production Recovery Post-Wind Disruptions
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Interoil Reports December Production Recovery Post-Wind Disruptions

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InterOil Exploration and Production ASA ( (DE:1ZD0) ) has shared an announcement.

Interoil Exploration and Production ASA reported a significant recovery in its operations for December 2024, following infrastructure damage in November due to strong winds. The company’s total operated production increased by 608 boepd from November to December, primarily driven by a 712 boepd increase in Argentina, while Colombia experienced a minor decrease. In Argentina, production rebounded fully from earlier disruptions, achieving the highest monthly gas output of the year. Meanwhile, in Colombia, the Vikingo-1 well saw improved production after repairs, although further interventions at the Puli C Fields are planned to enhance output.

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. The company focuses on Latin America, operating and holding licenses for various production and exploration assets in Colombia and Argentina, with headquarters in Oslo.

YTD Price Performance: 1.97%

Average Trading Volume: 100

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €3.34M

Learn more about 1ZD0 stock on TipRanks’ Stock Analysis page.

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