Oslo, 27 February 2026 Highlights in the quarter Interoil’s Total operated production for the six-month period amounted to 312,937 barrels of oil equivalent (boe), representing a decline from 346,001 boe recorded in the same period of 2024. Operations in Argentina were negatively affected by winter conditions that damaged surface oil lines, while failures in power generation and compression equipment further compounded the impact. Despite lower production volumes, the effect on revenues was mitigated by hig ...

Core Viewpoint - Interoil Exploration and Production ASA has made a strategic decision to exit its conventional operations in Argentina, focusing on optimizing capital allocation and operational efficiency [1][2][7]. Group 1: Strategic Decision - The exit includes interests in Santa Cruz Sur joint operations and the La Brea Block, as well as rights related to the Mata Magallanes Oeste production concession and the Cañadón Ramírez exploration block [1]. - This decision is a result of a comprehensive review of the company's conventional onshore portfolio [2]. Group 2: Market Conditions - The operating and investment environment in Santa Cruz has deteriorated, leading to reduced competitiveness of assets [3]. - Major operators like YPF, Pan American Energy, Petrobras, Sinopec, and Total have also reduced or exited their conventional positions in the region due to increased fiscal and regulatory complexity, labor disruptions, and rising operating costs [3]. Group 3: Transaction Details - The Argentine assets were sold to an Argentine investor for up to USD 1,000,000, payable in ten contingent installments based on production thresholds [5]. - Interoil will receive an Overriding Royalty Interest (ORRI) of 80% on profits from production exceeding 57,000 BOE per month [6]. Group 4: Future Focus - The company aims to concentrate on non-conventional energy assets and select complementary assets to enhance operational efficiency and value creation [7]. - The current industry context is viewed as an appropriate moment for the divestment from mature, conventional assets [7].

Group 1 - The Company, Interoil Exploration and Production ASA, has received approval from its bondholders for a written resolution regarding its senior secured callable bonds [1] - The bonds in question have the ISIN NO 001 0729908 and are part of the Company's financing structure [1] - The notice of the written resolution will be available on the specified website for further details [2] Group 2 - Interoil Exploration and Production ASA is a Norwegian company listed on the Oslo Stock Exchange, focusing on exploration and production in Latin America [2] - The Company operates several production and exploration assets in Colombia and Argentina [2] - Interoil employs approximately 50 people and is headquartered in Oslo [2]

Core Points - Interoil Exploration and Production ASA has requested Nordic Trustee AS to summon a bondholders' written resolution for its senior secured callable bonds to amend bond terms for capital structure review and liquidity needs [1][2] - The company is preparing a broader bond proposal to provide flexibility and stability during the capital structure reassessment [2] - Proposed resolutions require a simple majority vote from bondholders within ten business days, with a deadline set for 7 January 2026 [3] Proposed Amendments - Interest payment on the Bonds due on 31 January 2026 will be settled in kind by issuing additional Bonds at an interest rate of 8.50% [6] - Maturity date extension from 31 January 2026 to 31 January 2027 [6] - Waiver of the requirement to publish Q3 2025 interim accounts [6] - Change from quarterly to semi-annual financial reporting obligations [6] - Consent to dispose of certain assets in Argentina to strengthen liquidity and fund ongoing operations [6]

Core Viewpoint - Interoil Exploration and Production ASA will not publish its interim accounts for Q3 2025 as scheduled, indicating potential financial reporting issues and the need for amendments to bond terms [1] Group 1: Company Actions - The company plans to request Nordic Trustee AS to summon a written resolution from bondholders regarding amendments to the bond terms for its senior secured callable bonds [1][2] - Proposed amendments will include adjustments to financial reporting requirements, specifically waiving the requirement to publish the Q3 2025 interim accounts [2] Group 2: Future Steps - The company is working on an integral proposal to bondholders concerning the bond loan to achieve a comprehensive solution [2] - Further details will be provided when the summons for the written resolution is distributed to bondholders [2]

Core Viewpoint - Petrominera S.E. has decided to terminate the joint venture agreement with Interoil Exploration and Production ASA and Selva Maria Oil S.A. due to alleged failures of the Private Companies to meet their obligations [1][2] Company Overview - Interoil Exploration and Production ASA is a Norwegian exploration and production company listed on the Oslo Stock Exchange, focusing on Latin America [3] - The company operates and holds licenses for several production and exploration assets in Colombia and Argentina, with its headquarters located in Oslo [3] Legal Actions - The company is currently assessing appropriate legal actions with its counsel to challenge the legality of Petrominera's termination and to restore its rights [2]

Core Insights - Interoil's total operated production for Q2 2025 was 63,467 barrels of oil equivalent (boe), down from 100,364 boe in Q2 2024, indicating a significant decline in production levels [1] - Revenue decreased to USD 3.9 million in Q2 2025 from USD 5.3 million in the same period last year, attributed to lower production and declining oil prices [2] - An unexpected rupture in Vikingo's high-pressure surface production line occurred on August 22, resulting in a minor oil spill of approximately 10 barrels, which was resolved within the same day [3] Operational Challenges - Operations in Argentina faced adverse winter conditions that damaged surface oil lines, alongside failures in power generation and compression equipment, contributing to the production decline [1] - The company requested bondholders to approve amendments to bond terms to settle the full July 2025 interest payment in kind by issuing additional bonds [3] Company Overview - Interoil Exploration and Production ASA is a Norwegian-based exploration and production company listed on the Oslo Stock Exchange, focusing on Latin America, with operations in Colombia and Argentina [4]

Company Overview - Interoil Exploration and Production ASA is a Norwegian-based exploration and production company listed on the Oslo Stock Exchange [1] - The company focuses on Latin America and operates several production and exploration assets in Colombia and Argentina [1] Annual General Meeting - The Annual General Meeting was held in Oslo on 10 July 2025 [1] - Minutes from the meeting are attached for further details [2]

Oslo, 19 June 2025 The Annual General Meeting of Interoil Exploration and Production ASA will be held at the offices of Advokatfirmaet Schjødt AS at Tordenskiolds gate 12, Oslo on 10 July 2025 at 14:30 (CEST). Please find attached the notice for the meeting including the attendance form and proxy in English and Norwegian. The annual report for 2024 is available on the company's web page here (https://interoil.no/investors/) and on NewsWeb here (https://newsweb.oslobors.no/message/649531). Shareholders may r ...

Oslo, 16 June 2025 Highlights in the quarter Interoil’s Total operated production for the three-month period amounted to 97,506 barrels of oil equivalent (boe), representing a decline from 103,738 boe recorded in the same period of 2024. Operations in Argentina were negatively impacted by the failure of two compressor engines, which led to a sustained drop in gas production from January until the compressors were repaired in February. Despite the lower production, revenue increased to USD 5.7 million, up fr ...