Production report for February and March 2025

29 Apr 2025 09:04 CEST

Oslo, 29 April 2025

+----------------+----------------------+----------------------+
|          | March 2025 | February 2025 |
+----------------+-----------+----------+-----------+----------+
| Operated | Boepd (1) | Bopd (1) | Boepd (1) | Bopd (2) |
+----------------+-----------+----------+-----------+----------+
| Colombia | 631 | 448 | 584 | 410 |
+----------------+-----------+----------+-----------+----------+
| Argentina | 1,873 | 281 | 1,493 | 215 |
+----------------+-----------+----------+-----------+----------+
| Total operated | 2,504 | 729 | 2,077 | 625 |
+----------------+-----------+----------+-----------+----------+
| Total equity | 1,226 | 413 | 1,028 | 357 |
+----------------+-----------+----------+-----------+----------+

(1)   Barrels of oil equivalents per day (includes liquid and gas)
(2)   Barrels of oil per day (represents only liquids)
[boepd]: barrels of oil equivalents per day (includes liquid and gas)
[Operated]: 100% field production operated by Interoil
[Equity]        : Interoil's share production net of royalties.

Production Summary

* Interoil's daily average total operated production for March was 2,504
boepd, reflecting a improvement of +428 boepd when compared with February.
* Operated production increased significantly in both Argentina (+380 boepd)
and Colombia (+47 boepd).

Country-Specific Highlights

Argentina

Gas production was primarily affected by the breakdown of two compressor
engines. These required the custom fabrication of replacement parts, which
arrived at the field in February. As a result, gas production experienced a
sustained decrease from January until the repair of the damaged compressors in
February. Furthermore in March, a surface equipment maintenance and recovery
campaign was carried out, restoring approximately 90bopd of oil production.

Colombia

During March, the Vikingo-1 well averaged 141 boepd. At Puli C, production
increased by 51 boepd following the reactivation of previously shut-in wells,
which were successfully intervened using a workover rig demobilized on March
27. As of the date of this report, seven wells have been brought back online,
delivering a combined flow of 117 bopd-slightly above expectations-and 82,000
scfpd of gas. These gas volumes are expected to gradually increase as the wells
stabilize over the coming weeks.

Additional information

Further details about production performance are shown in the attached document.
The graphs and tables illustrate both operated and equity production of oil and
gas by country. "Operated production" refers to the total output from fields
operated by Interoil, while "Equity production" refers to Interoil's share of
production, net of royalties.

This information is subject to the disclosure requirements pursuant to section
5 -12 of the Norwegian Securities Trading Act.


***************************
Please direct any further questions to ir@interoil.no (mailto:ir@interoil.no)
Interoil Exploration and Production ASA is a Norwegian based exploration and
production company - listed on the Oslo Stock Exchange with focus on Latin
America. The Company is operator and license holder of several production and
exploration assets in Colombia and Argentina with headquarter in Oslo.

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act

More information:
Access the news on Oslo Bors NewsWeb site

644689_Interoil February and March 2025 Detailed Production Report.pdf