Brief: Interoil Exploration and Production Q1 Adj. EBITDA Down At USD 0.9 Mln

Interoil Exploration and Production ASA

12/06/2020 08:18

June 12 (Reuters) - Interoil Exploration and Production ASA
 IOX.OL :
    * REG-INTEROIL Q1 2020 INTERIM FINANCIAL REPORT
    * GROSS PRODUCTION INCREASED BY 23.6 % IN Q1 2020 COMPARED
WITH
SAME PERIOD OF LAST YEAR
    * INTEROIL'S EBITDAX IN Q1 2020 WAS USD 0.9 MILLION,
COMPARED WITH
A USD 0.9 IN Q4 2019 AND USD 1.4 IN Q1 2019
    * Q1 REVENUE $3.5 MILLION VERSUS $3.8 MILLION YEAR AGO
    * Q1 ADJUSTED EBITDA $0.9 MILLION VERSUS $1.4 MILLION YEAR
AGO
    * IT IS NOT POSSIBLE TO CONFIDENTLY ASSESS POTENTIAL
CONSEQUENCES
OF COVID-19 AND SIGNIFICANT DROP IN OIL PRICES ON VALUATION OF
ASSETS

Source text for Eikon:  ID:nGNE6YpPpB 
Further company coverage:  IOX.OL 

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