Report for the second quarter and the first half of 2024

August 29, 2024

Highlights in the period

Interoil’s net production for the first six months of 2024 was 100,334 barrels of oil equivalent (boe), compared to 54,310 boe in the same period in 2023. Revenues were USD 7.9 million, compared to USD 3.4 million in the corresponding period of the previous year. These increases mainly result from the acquisition of an additional 43% interest in the Santa Cruz (Argentina) assets in June 2023.

EBITDA amounted to USD 4.3 million in the first half of 2024, compared to USD -0.1 million in the same period of 2023.