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Kurs & Likviditet

Kursutveckling och likviditet under dagen för detta pressmeddelande

Beskrivning

LandNorge
ListaOB Match
SektorRåvaror
IndustriOlja & gas
InterOil Exploration and Production är ett norskt oljebolag. Bolaget utvecklar, producerar och driftsätter olje- och gasfält. Strategin är att förvärva andra aktörer på marknaden samt ingå samarbeten i olika större projekt. Bolaget arbetar utifrån upparbetade prospekteringslicenser med störst verksamhet inom Sydamerika. Utöver huvudmarknaden återfinns verksamhet på global nivå. InterOil Exploration etablerades 2005 och har sitt huvudkontor i Oslo.

Kalender

2020-11-27 Kvartalsrapport 2020-Q3
2020-08-28 Kvartalsrapport 2020-Q2
2020-07-01 Ordinarie utdelning IOX 0.00 NOK
2020-06-30 Årsstämma 2020
2020-06-12 Kvartalsrapport 2020-Q1
2020-02-27 Bokslutskommuniké 2019
2020-01-16 Extra Bolagsstämma 2020
2019-11-29 Kvartalsrapport 2019-Q3
2019-08-30 Kvartalsrapport 2019-Q2
2019-06-28 Ordinarie utdelning IOX 0.00 NOK
2019-06-27 Årsstämma 2019
2019-05-31 Kvartalsrapport 2019-Q1
2019-02-28 Bokslutskommuniké 2018
2018-11-29 Kvartalsrapport 2018-Q3
2018-08-30 Kvartalsrapport 2018-Q2
2018-06-29 Ordinarie utdelning IOX 0.00 NOK
2018-06-28 Årsstämma 2018
2018-05-29 Kvartalsrapport 2018-Q1
2018-02-15 Bokslutskommuniké 2017
2017-11-10 Kvartalsrapport 2017-Q3
2017-08-11 Kvartalsrapport 2017-Q2
2017-06-09 Ordinarie utdelning IOX 0.00 NOK
2017-06-08 Årsstämma 2017
2017-05-12 Kvartalsrapport 2017-Q1
2017-04-07 Extra Bolagsstämma 2017
2017-02-16 Bokslutskommuniké 2016
2016-11-10 Kvartalsrapport 2016-Q3
2016-08-11 Kvartalsrapport 2016-Q2
2016-06-29 Ordinarie utdelning IOX 0.00 NOK
2016-06-28 Årsstämma 2016
2016-05-12 Kvartalsrapport 2016-Q1
2016-02-16 Bokslutskommuniké 2015
2015-11-25 Kvartalsrapport 2015-Q3
2015-08-26 Kvartalsrapport 2015-Q2
2015-07-06 Split IOX 10:1
2015-06-29 Ordinarie utdelning IOX 0.00 NOK
2015-06-26 Årsstämma 2015
2015-05-28 Kvartalsrapport 2015-Q1
2015-02-27 Bokslutskommuniké 2014
2014-11-30 Kvartalsrapport 2014-Q3
2014-05-28 Kvartalsrapport 2014-Q1
2014-05-28 Analytiker möte 2014
2013-03-05 Extra Bolagsstämma 2012
2012-11-21 Kvartalsrapport 2012-Q3
2012-08-21 Kvartalsrapport 2012-Q2
2012-06-06 Årsstämma 2012
2012-05-23 Kvartalsrapport 2012-Q1
2012-02-20 Bokslutskommuniké 2011
2011-11-11 Kvartalsrapport 2011-Q3
2011-08-12 Kvartalsrapport 2011-Q2
2011-06-28 Årsstämma 2011
2011-05-13 Kvartalsrapport 2011-Q1
2011-02-22 Bokslutskommuniké 2010
2010-11-12 Kvartalsrapport 2010-Q3
2010-08-06 Kvartalsrapport 2010-Q2
2010-05-27 Årsstämma 2010
2010-05-14 Kvartalsrapport 2010-Q1
2010-02-26 Bokslutskommuniké 2009
2019-12-11 10:02:11

Oslo, 11 December 2019

Interoil Exploration and Production ASA (Interoil) has summoned bondholders in its senior secured bond (ISIN NO 001 0729908) to a bondholders’ meeting on 30 December 2019 to consider conversion of 35 per cent of the outstanding principal amount to equity and extension of maturity date by six years to 2026 for the remaining bonds. “If approved, the conversion of bonds to equity and amended terms will significantly strengthen Interoil’s balance sheet and improve our ability to finance our current operations and support further growth in Latin America”, says Hugo Quevedo, Interoil’s Chairman.
After conversion, Interoil’s consolidated group equity will change from USD negative 6.1 million (as per 30 September 2019) to approximately USD 6 million positive. Annual interest costs will be reduced by approximately USD 0.4 million per annum.
“Interoil saw a remarkable transformation earlier this year, as we acquired new licenses and expanded our operations into Argentina, supported by new shareholders with successful investment track record in exploration and production activity and in Latin America.
The proposed conversion of debt to equity will bring more shareholders to the company. We are delighted to welcome them on board, and look forward to creating further value for all,” Quevedo says.
The proposed conversion of bonds is conditional upon approval by Interoil’s shareholders at an extraordinary general meeting to be summoned on 16 January 2020.
The conversion is proposed to be effectuated by a share capital increase at a subscription price equal to a discount of 20 per cent from the volume-weighted average market price of the Interoil shares in the 60-calendar day period immediately preceding the bondholder’s meeting.

Please direct any further questions to: ir@interoil.no

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Interoil Exploration and Production ASA is a Norwegian based exploration and production company - listed on the Oslo Stock Exchange - with focus on Latin America. The Company is operator of several production and exploration assets in Colombia and Argentina. Interoil currently employs approximately 50 people and is headquartered in Oslo.


This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.