InterOil Exploration and Production ASA (DE:1ZD0) has released an update.
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InterOil Exploration and Production ASA reported a decrease in daily average operated production for June 2024, with a notable reduction in Argentina due to severe winter conditions affecting operations. Colombian production slightly fell due to natural reservoir depletion, while the company is seeking local approvals for campaigns to increase production. The exploration activities in the Altair and LLA-47 blocks are still awaiting authorization from the new local authorities.
For further insights into DE:1ZD0 stock, check out TipRanks’ Stock Analysis page.
