- CEO
- Leandro Carbone
- Full Time Employees
- 45
- Sector
- Energy minerals
- Industry
- Oil & gas production
- Address
- Tordenskiolds gate 12 Oslo PS Norway 0160
- IPO Date
- Jul 19, 2006
- Business
- Interoil Exploration and Production ASA is an international independent upstream petroleum company engaged in the acquisition, exploration, development, production, purchase, and sale of oil and natural gas properties. The company operates primarily in Latin America, with active concessions in Colombia and Argentina, including two producing concessions and two exploration concessions in Colombia, and one exploration and seven production concessions in Argentina. Interoil's core products and services include exploration and development of oil and natural gas fields, production management, and asset optimization focused on maximizing value from its existing portfolio while pursuing new asset acquisitions with sustainable risk profiles. Founded in 2005 and headquartered in Oslo, Norway, Interoil targets upstream exploration and production segments in the energy industry.
Recent major developments include the publication of its 2024 annual report and ongoing amendments to senior secured callable bond terms approved via written resolutions in 2025, reflecting financial restructuring efforts. The company continues its operational focus on production and exploitation in key license areas, with updates showing steady production levels such as reported oil barrel output in early 2025. Interoil remains committed to growth through both organic development of existing assets and strategic acquisitions in Colombia and Argentina, underpinning its current international footprint and business expansion strategy within the upstream petroleum sector. The company operates under the leadership of CEO Leandro Carbone and maintains a presence on the Oslo Stock Exchange (Ticker: IOX.OL).
Interoil Exploration and Production ASA’s business activities span acquisition; exploration; development; and operation of oil and natural gas properties. Its key operational markets are Argentina and Colombia, where it holds multiple exploration and production licenses. Its portfolio is characterized by upstream oil and gas activities including field development, drilling, production, and sales of hydrocarbons. The company’s strategic orientation emphasizes value maximization of production assets complemented by selective acquisition of new upstream ventures to sustain and grow its resource base. This integrated approach to oil and gas E&P supports its positioning as a focused exploration and production company in the Latin American petroleum market.