Interoil completes strategic exit from Argentina
Argentina, Feb. 9 -- Interoil Exploration and Production ASA ("Interoil" or the "Company") announces that it has completed a strategic decision to exit its conventional operations in Argentina. The exit covers the interests held by Interoil in the country in all of the Santa Cruz Sur joint operations (due to expire between April and August 2026), and the La Brea Block, as well as the right to challenge the termination of the Mata Magallanes Oeste (MMO) production concession and the Canadon Ramirez (CR) exploration block.This decision follows a comprehensive review of Interoil's conventional onshore portfolio and reflects the Company's continued commitment to disciplined capital allocation and operational focus.The decision to exit Argentina...
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