Interoil Exploration and Production ASA (1ZD0)

Profile

https://www.interoil.no

Interoil Exploration and Production ASA is an independent upstream oil and gas exploration and production company headquartered in Oslo, Norway, with operations focused on Latin America. The company engages in the acquisition, exploration, development, production, purchase, and sale of oil and natural gas deposits, primarily through its portfolio in Colombia and Argentina. In Colombia, it holds two production licenses—Puli-C and Altair—and an exploration contract in the LLA-47 block within the prolific Llanos Basin, where it has drilled discovery wells like Vikingo and identified multiple hydrocarbon prospects. In Argentina, Interoil maintains equity interests in one exploration and seven production concessions across the Golfo San Jorge Basin, Jujuy Province, and Austral Basin, including assets like Mata Magallanes Oeste, Cañadón Ramírez, La Brea, and Santa Cruz concessions such as Campo Bremen and Palermo Aike, with estimated recoverable reserves exceeding 14 million barrels of oil equivalents and current production around 3,000 boepd. Employing 52 people, the firm emphasizes sustainable practices, ESG standards, and growth through asset optimization and new acquisitions in South America, positioning it as a key player in regional onshore E&P activities.