{"id":4151,"date":"2020-04-17T14:11:00","date_gmt":"2020-04-17T14:11:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2518668"},"modified":"2020-04-17T14:11:00","modified_gmt":"2020-04-17T14:11:00","slug":"production-report-for-march-2020-and-operational-update","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/04\/17\/production-report-for-march-2020-and-operational-update\/","title":{"rendered":"Production report for March 2020 and operational update"},"content":{"rendered":"<p align=\"justify\">Below please find average gross operated production in March 2020 and corresponding numbers for February 2020.<\/p>\n<table class=\"gnw_table_border_collapse hugin\">\n<tbody>\n<tr>\n<td class=\"gnw_border_top_solid gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid hugin gnw_vertical_align_top\">IOX operated<\/td>\n<td class=\"gnw_border_top_solid gnw_border_right_solid gnw_border_bottom_solid gnw_align_center hugin gnw_vertical_align_top\" colspan=\"2\">March 2020<\/td>\n<td class=\"gnw_border_top_solid gnw_border_right_solid gnw_border_bottom_solid gnw_align_center hugin gnw_vertical_align_top\" colspan=\"2\">February 2020<\/td>\n<\/tr>\n<tr>\n<td class=\"gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid hugin gnw_vertical_align_top\">&nbsp;<\/td>\n<td class=\"gnw_border_right_solid gnw_border_bottom_solid gnw_align_center hugin gnw_vertical_align_top\">Boe\/d(1)<\/td>\n<td class=\"gnw_border_right_solid gnw_border_bottom_solid gnw_align_center hugin gnw_vertical_align_top\">Bopd (2)<\/td>\n<td class=\"gnw_border_right_solid gnw_border_bottom_solid gnw_align_center hugin gnw_vertical_align_top\">Boe\/d(1)<\/td>\n<td class=\"gnw_border_right_solid gnw_border_bottom_solid gnw_align_center hugin gnw_vertical_align_top\">Bopd (2)<\/td>\n<\/tr>\n<tr>\n<td class=\"gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid hugin gnw_vertical_align_top\">Colombia(3)<\/td>\n<td class=\"gnw_border_right_solid gnw_border_bottom_solid gnw_align_center hugin gnw_vertical_align_top\">1.283<\/td>\n<td class=\"gnw_border_right_solid gnw_border_bottom_solid gnw_align_center hugin gnw_vertical_align_top\">687<\/td>\n<td class=\"gnw_border_right_solid gnw_border_bottom_solid gnw_align_center hugin gnw_vertical_align_top\">1.781<\/td>\n<td class=\"gnw_border_right_solid gnw_border_bottom_solid gnw_align_center hugin gnw_vertical_align_top\">1.185<\/td>\n<\/tr>\n<tr>\n<td class=\"gnw_border_right_solid gnw_border_bottom_solid gnw_border_left_solid hugin gnw_vertical_align_top\">Argentina(4)<\/td>\n<td class=\"gnw_border_right_solid gnw_border_bottom_solid gnw_align_center hugin gnw_vertical_align_top\">3.398<\/td>\n<td class=\"gnw_border_right_solid gnw_border_bottom_solid gnw_align_center hugin gnw_vertical_align_top\">806<\/td>\n<td class=\"gnw_border_right_solid gnw_border_bottom_solid gnw_align_center hugin gnw_vertical_align_top\">3.500<\/td>\n<td class=\"gnw_border_right_solid gnw_border_bottom_solid gnw_align_center hugin gnw_vertical_align_top\">914<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<ol type=\"1\">\n<li>Barrels of oil equivalents per day<\/li>\n<li>Barrels of oil per day<\/li>\n<li>As of 1<sup>st<\/sup>&nbsp;March Interoil no longer operates the Toqui Toqui field<\/li>\n<li>Operated by Selva Maria Oil on behalf of IOX until local authorities approves operator&rsquo;s licence.<\/li>\n<\/ol>\n<p align=\"justify\">On 3 April 2020 Interoil received a notification from Turgas, our sole gas off-taker for the Mana and Ambrosia fields, that excess pressure was building in some points of the main trunk line and that as a result, the access valve for our gas had been closed until pressure returns to safe levels.<\/p>\n<p align=\"justify\">As the Mana and Ambrosia are gas driven fields, Interoil was forced to shut in all producing wells in those fields, affecting not only our gas but also the oil production. Under normal circumstances production from these fields would typically be around 440 barrels of oil equivalents per day.<\/p>\n<p align=\"justify\">Whereas operations in the Rio Opia and LLA-47 fields in Colombia continue uninterrupted and according to production forecasts, it is currently not possible to indicate when production from the Mana and Ambrosia fields can resume.<\/p>\n<p align=\"justify\">All producing fields in Argentina continue to operate without any interruption and with stable production.<\/p>\n<p align=\"justify\"><strong><em>Leandro Carbone, Interoil&rsquo;s CEO, commented:<\/em><\/strong><\/p>\n<p align=\"justify\"><em>&#8220;The COVID-19 pandemic and market conditions have rapidly evolved in recent weeks with strict quarantine measures being implemented by Argentinian and Colombian authorities affecting industrial production and gas demand.<\/em><\/p>\n<p align=\"justify\"><em>We are in constant dialogue with Turgas monitoring the trunk line situation. Furthermore, we are working on alternatives to resume production as soon as possible.<\/em><\/p>\n<p align=\"justify\"><em>Our employees and community&rsquo;s health is a top priority for Interoil, home office and field safety measures have been implemented to ensure safety whilst continuing with operations.&rdquo;<\/em><\/p>\n<p align=\"justify\">Please direct any further questions to:&nbsp;ir@interoil.no.<\/p>\n<p class=\"tags\">\n<div><strong>See Campaign: <\/strong><a href=\"http:\/\/http:\/\/interoil.no\" target=\"_blank\">http:\/\/http:\/\/interoil.no<\/a><br \/><b>Contact Information:<\/b><br \/>ir@interoil.no.<\/p>\n<p><b>Tags:<\/b><br \/><a href=\"\"><\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/wire\/\" rel=\"category tag\">Wire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/disclosure-newswire\/\" rel=\"category tag\">Disclosure Newswire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/global-regions\/united-states\/\" rel=\"category tag\">United States<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag\">English<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\" alt=\"image\" width=\"400\" height=\"300\" class=\"cwdfimg\" \/><\/div>\n<div>\n<h3>Contact Information:<\/h3>\n<p>ir@interoil.no.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Below please find average gross operated production in March 2020 and corresponding numbers for February 2020. IOX operated March 2020 February 2020 &nbsp; Boe\/d(1) Bopd (2) Boe\/d(1) Bopd (2) Colombia(3) 1.283 687 1.781 1.185 Argentina(4) 3.398 806 3.500 914 Barrels of oil equivalents per day Barrels of oil per day As of 1st&nbsp;March Interoil no &hellip; <a href=\"https:\/\/icrowdnewswire.com\/2020\/04\/17\/production-report-for-march-2020-and-operational-update\/\">Continue reading <span>Production report for March 2020 and operational update<\/span><\/a> <a href=\"https:\/\/ipsnews.net\/business\/2020\/04\/17\/production-report-for-march-2020-and-operational-update\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":46,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56,3,22,54],"tags":[],"class_list":["post-4151","post","type-post","status-publish","format-standard","hentry","category-disclosure-newswire","category-english","category-united-states","category-wire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Production report for March 2020 and operational update - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ipsnews.net\/business\/2020\/04\/17\/production-report-for-march-2020-and-operational-update\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Production report for March 2020 and operational update - Business\" \/>\n<meta property=\"og:description\" content=\"Below please find average gross operated production in March 2020 and corresponding numbers for February 2020. IOX operated March 2020 February 2020 &nbsp; Boe\/d(1) Bopd (2) Boe\/d(1) Bopd (2) Colombia(3) 1.283 687 1.781 1.185 Argentina(4) 3.398 806 3.500 914 Barrels of oil equivalents per day Barrels of oil per day As of 1st&nbsp;March Interoil no &hellip; Continue reading Production report for March 2020 and operational update Continue Reading &rarr;\" \/>\n<meta property=\"og:url\" content=\"http:\/\/ipsnews.net\/business\/2020\/04\/17\/production-report-for-march-2020-and-operational-update\/\" \/>\n<meta property=\"og:site_name\" content=\"Business\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-17T14:11:00+00:00\" \/>\n<meta name=\"author\" content=\"Asiya\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Asiya\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"http:\/\/ipsnews.net\/business\/2020\/04\/17\/production-report-for-march-2020-and-operational-update\/\",\"url\":\"http:\/\/ipsnews.net\/business\/2020\/04\/17\/production-report-for-march-2020-and-operational-update\/\",\"name\":\"Production report for March 2020 and operational update - Business\",\"isPartOf\":{\"@id\":\"https:\/\/ipsnews.net\/business\/#website\"},\"datePublished\":\"2020-04-17T14:11:00+00:00\",\"author\":{\"@id\":\"https:\/\/ipsnews.net\/business\/#\/schema\/person\/3a37b5ed16b9ebaf70290330c45a2e37\"},\"breadcrumb\":{\"@id\":\"http:\/\/ipsnews.net\/business\/2020\/04\/17\/production-report-for-march-2020-and-operational-update\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"http:\/\/ipsnews.net\/business\/2020\/04\/17\/production-report-for-march-2020-and-operational-update\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"http:\/\/ipsnews.net\/business\/2020\/04\/17\/production-report-for-march-2020-and-operational-update\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ipsnews.net\/business\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Production report for March 2020 and operational update\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ipsnews.net\/business\/#website\",\"url\":\"https:\/\/ipsnews.net\/business\/\",\"name\":\"Business\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ipsnews.net\/business\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/ipsnews.net\/business\/#\/schema\/person\/3a37b5ed16b9ebaf70290330c45a2e37\",\"name\":\"Asiya\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ipsnews.net\/business\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d4d7dcc41e3f5a5cad4cf78eca935d2f4c65cc9a91e376789d357e29806bcb91?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d4d7dcc41e3f5a5cad4cf78eca935d2f4c65cc9a91e376789d357e29806bcb91?s=96&d=mm&r=g\",\"caption\":\"Asiya\"},\"sameAs\":[\"https:\/\/icrowdnewswire.com\/fc\"],\"url\":\"https:\/\/ipsnews.net\/business\/author\/asiya\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Production report for March 2020 and operational update - Business","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"http:\/\/ipsnews.net\/business\/2020\/04\/17\/production-report-for-march-2020-and-operational-update\/","og_locale":"en_US","og_type":"article","og_title":"Production report for March 2020 and operational update - Business","og_description":"Below please find average gross operated production in March 2020 and corresponding numbers for February 2020. 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