InterOil Reports Production Drop Amid Harsh Weather
Company Announcements

InterOil Reports Production Drop Amid Harsh Weather

InterOil Exploration and Production ASA (DE:1ZD0) has released an update.

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.

Related Articles
TipRanks European Auto-Generated NewsdeskInteroil Reports Production Drop Due to Weather and Operational Issues
TipRanks European Auto-Generated NewsdeskInteroil Gains Bondholder Approval for Bond Resolution
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!