Brief: Interoil Q2 2020 Interim Financial Report

Interoil Exploration and Production ASA

28/08/2020 21:05

Aug 28 (Reuters) - Interoil Exploration and Production ASA  IOX.OL :
    * REG-INTEROIL Q2 2020 INTERIM FINANCIAL REPORT
    * INTEROIL EXPLORATION AND PRODUCTION - GROSS PRODUCTION DECREASED BY 67.5 % IN Q2 2020
COMPARED
WITH Q1 2020 AND 66.9% WITH SAME PERIOD OF LAST YEAR
    * INTEROIL EXPLORATION AND PRODUCTION - EBITDA IN Q2 WAS NEGATIVE USD 0.6 MILLION, COMPARED
WITH
POSITIVE USD 0.9 IN Q1 2020 AND POSITIVE USD 2.1 IN Q2 2019
    * INTEROIL EXPLORATION AND PRODUCTION - DURING PAST MONTHS, INTEROIL WENT THROUGH A
RIGHTSIZING
PROCESS OF ITS OPERATIONS, STAFF AND OBLIGATIONS
    * INTEROIL EXPLORATION AND PRODUCTION ASA - QUARTERLY REVENUES DECREASED BY 82.6 % FROM USD
3.5
MILLION IN Q1, 2020 TO USD 0.6 MILLION IN Q2 2020

Source text for Eikon:  ID:nGNE3lRHLC 
Further company coverage:  IOX.OL 

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