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Interoil Reports January 2025 Production Decline Due to Technical Challenges

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Interoil Reports January 2025 Production Decline Due to Technical Challenges

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

Interoil’s production report for January 2025 indicates a total operated production of 1,965 barrels of oil equivalents per day, marking a decrease of 537 boepd from December. This decline is mainly due to reduced gas production in Argentina caused by compressor engine breakdowns, while Colombia saw a slight increase in production. The company is undertaking a campaign in the Puli C Fields in Colombia to enhance production, which includes planned interventions to recover additional oil and gas 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, focusing on Latin America. The company operates and holds licenses for several production and exploration assets in Colombia and Argentina, with its headquarters in Oslo.

YTD Price Performance: -8.00%

Average Trading Volume: 1,000

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €3.14M

See more insights into 1ZD0 stock on TipRanks’ Stock Analysis page.

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