Table of Contents Table of Contents 2 List of Tables 4 List of Figures 4 Company Snapshot 6 Key Information 6 Company Overview 6 InterOil Exploration & Production ASA, Valuation and Financial Data 7 InterOil Exploration & Production ASA, Share Price Performance 7 Share Price Performance, Q1, 2015-Q1, 2016 7 InterOil Exploration & Production ASA, Key Valuation Metrics 8 Key Valuation Metrics, Q1, 2015-Q1, 2016 8 InterOil Exploration & Production ASA, Quarterly Results of Oil & Gas Operations Per boe Produced 9 Results of Oil & Gas Operations Per boe Produced, Q1, 2015-Q1, 2016 9 Results of Oil & Gas Operations Per boe Growth Rates, Q1, 2015-Q1, 2016 10 InterOil Exploration & Production ASA, Quarterly E&P Costs Trends 11 Upstream Capital Expenditure, Q1, 2015-Q1, 2016 11 InterOil Exploration & Production ASA, Quarterly Production Trends 12 InterOil Exploration & Production ASA, Total Oil and Gas Production 12 Total Crude Oil and Natural Gas Production Trend, Q1, 2015-Q1, 2016 12 Total Crude Oil & Natural Gas Production, By Country/Region, Q1, 2015-Q1, 2016 13 InterOil Exploration & Production ASA, Crude Oil Production 14 Total Crude Oil Production Trend, Q1, 2015-Q1, 2016 14 Crude Oil Production, By Country/Region, Q1, 2015-Q1, 2016 15 InterOil Exploration & Production ASA, Natural Gas Production 16 Total Natural Gas Production Trend, Q1, 2015-Q1, 2016 16 Natural Gas Production, By Country/Region, Q1, 2015-Q1, 2016 17 InterOil Exploration & Production ASA, Valuation and Financial Data, 2011-2015 18 InterOil Exploration & Production ASA, Share Price Performance, 2011-2015 18 Share Price Performance, 2011-2015 18 Key Valuation Metrics, 2011-2015 19 InterOil Exploration & Production ASA, Production and Reserves Trends 20 Total Oil and Gas, Reserves and Production 20 Total Crude Oil and Natural Gas Production and Reserves Trend, 2011-2015 20 Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2011-2015 21 Total Crude Oil and Natural Gas Reserve Changes, 2011-2015 23 Crude Oil/Liquids Production and Reserve 24 Crude Oil/Liquids Production and Reserve Trend, 2011-2015 24 Crude Oil Production and Reserves By Country/Region, 2011-2015 25 Natural Gas Production and Reserve 26 Natural Gas Production and Reserve Trend, 2011-2015 26 Natural Gas Production and Reserves, By Country/Region, 2011-2015 27 Total Crude Oil and Natural Gas Reserves Life Index 28 Total Crude Oil and Natural Gas Reserves Life Index, 2011-2015 28 Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2011-2015 29 InterOil Exploration & Production ASA, E&P Costs Trends 30 Allocation of the Upstream Capital Expenditure 30 Upstream Capital Expenditure, 2011-2015 30 Oil and Gas Cost Per boe, US$/boe 31 Oil and Gas Cost Per boe, US$/boe, 2011-2015 31 InterOil Exploration & Production ASA, Reserve Replacement Ratio 32 Oil and Gas Production Replacement Ratio 32 Oil and Gas Production Replacement Ratio, 2011-2015 32 Oil and Gas Production Replacement Ratio, By Country/Region, 2011-2015 33 InterOil Exploration & Production ASA, Results of Oil & Gas Operations Trend 34 Oil and Gas Revenue and Expenses 34 Oil and Gas Revenue and Expenses, 2011-2015 34 Oil and Gas Revenue and Expenses, By Country/Region, 2011-2015 35 Oil and Gas Revenue and Expenses, Per boe 37 Oil and Gas Revenue and Expenses, By boe, 2011-2015 37 Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2011-2015 38 Oil and Gas Performance Metrics 39 Recent Developments 40 InterOil Exploration & Production ASA - Recent Developments 40 Sep 14, 2016: Interoil Exploration And Production Provides Company Update - COR-6 Licence 40 Sep 09, 2016: Interoil Exploration And Production Provides Production Update August 2016 40 Aug 11, 2016: InterOil Exploration And Production Reports Second Quarter 2016 Results 40 Aug 10, 2016: Interoil Exploration And Production Provides Production Update July 2016 42 Jul 13, 2016: InterOil Exploration And Production Provides Company Update - COR-6 licence 43 Jul 11, 2016: Interoil Exploration And Production Provides Production Update June 2016 43 Jun 23, 2016: Interoil Exploration And Production Provides Update On COR-6 licence 43 Jun 09, 2016: Interoil Exploration And Production Provides Production Update May 2016 44 May 26, 2016: InterOil Exploration And Production Provides Company Update: COR-6 licence 44 May 12, 2016: Interoil Exploration And Production Provides Q1 2016 Results 44 Appendix 47 Methodology 47 Coverage 47 Secondary Research 47 Primary Research 47 Data Information Sources 48 Company Source 48 SEC/Other Regulatory Filings 48 Other Sources 48 Expert Panel Validation 48 Data Definition 48 Oil and Gas Reserves 48 Units of Measure 49 About GlobalData 49 Disclosure 49 Disclaimer 49

List of Tables Table 1: InterOil Exploration & Production ASA, Key Facts 6 Table 2: InterOil Exploration & Production ASA, Share Price Performance, Q1, 2015-Q1, 2016 7 Table 3: InterOil Exploration & Production ASA, Key Valuation Metrics, Q1, 2015-Q1, 2016 8 Table 4: InterOil Exploration & Production ASA, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q1, 2015-Q1, 2016 9 Table 5: InterOil Exploration & Production ASA, Results of Oil & Gas Operations Per boe Growth Rates, %, Q1, 2015-Q1, 2016 10 Table 6: InterOil Exploration & Production ASA, Upstream Capital Expenditure, Q1, 2015-Q1, 2016 11 Table 7: InterOil Exploration & Production ASA, Total Crude Oil and Natural Gas, Production, Q1, 2015-Q1, 2016 12 Table 8: InterOil Exploration & Production ASA, Total Oil & Gas Production, By Country/Region, mmboe, Q1, 2015-Q1, 2016 13 Table 9: InterOil Exploration & Production ASA, Total Crude Oil Production, mmbbl, Q1, 2015-Q1, 2016 14 Table 10: InterOil Exploration & Production ASA, Crude Oil Production, By Country/Region, mmbbl, Q1, 2015-Q1, 2016 15 Table 11: InterOil Exploration & Production ASA, Total Natural Gas Production, bcf, Q1, 2015-Q1, 2016 16 Table 12: InterOil Exploration & Production ASA, Natural Gas Production, By Country/Region, bcf, Q1, 2015-Q1, 2016 17 Table 13: InterOil Exploration & Production ASA, Share Price Performance, 2011-2015 18 Table 14: InterOil Exploration & Production ASA, Key Valuation Metrics, 2011-2015 19 Table 15: InterOil Exploration & Production ASA, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2011-2015 20 Table 16: InterOil Exploration & Production ASA, Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2011-2015 22 Table 17: InterOil Exploration & Production ASA, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2011-2015 23 Table 18: InterOil Exploration & Production ASA, Crude Oil Production and Reserves Metrics, mmbbl, 2011-2015 24 Table 19: InterOil Exploration & Production ASA, Crude Oil Production and Reserves, By Country/Region, mmbbl, 2011-2015 25 Table 20: InterOil Exploration & Production ASA, Natural Gas Production and Reserves Metrics, bcf, 2011-2015 26 Table 21: InterOil Exploration & Production ASA, Natural Gas Production and Reserves, By Country/Region, bcf, 2011-2015 27 Table 22: InterOil Exploration & Production ASA, Oil and Gas Reserves Life Index, Years, 2011-2015 28 Table 23: InterOil Exploration & Production ASA, Oil and Gas Reserves Life Index, By Country/Region, Years, 2011-2015 29 Table 24: InterOil Exploration & Production ASA, Upstream Capital Expenditure, US$ mil, 2011-2015 30 Table 25: InterOil Exploration & Production ASA, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2011-2015 31 Table 26: InterOil Exploration & Production ASA, Oil and Gas Production Replacement Ratio, %, 2011-2015 32 Table 27: InterOil Exploration & Production ASA, 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2011-2015 33 Table 28: InterOil Exploration & Production ASA, Revenue and Expenses, US$ mil, 2011-2015 34 Table 29: InterOil Exploration & Production ASA, Revenue and Expenses, By Country/Region, US$ mil, 2011-2015 36 Table 30: InterOil Exploration & Production ASA, Oil and Gas Revenue and Expenses, US$/boe, 2011-2015 37 Table 31: InterOil Exploration & Production ASA, Oil and Gas Revenue and Expenses, US$/boe, By Country/Region, 2011-2015 38 Table 32: InterOil Exploration & Production ASA, Oil and Gas Performance Metrics, 2011-2015 39 List of Figures Figure 1: InterOil Exploration & Production ASA, Share Price Performance, NOK/Share, Q1, 2015-Q1, 2016 7 Figure 2: InterOil Exploration & Production ASA, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve ($/boe), Q1, 2015-Q1, 2016 8 Figure 3: InterOil Exploration & Production ASA, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q1, 2015-Q1, 2016 9 Figure 4: InterOil Exploration & Production ASA, Upstream Capital Expenditure, US$ mil, Q1, 2015-Q1, 2016 11 Figure 5: InterOil Exploration & Production ASA, Total Crude Oil and Natural Gas, Production, mmboe, Q1, 2015-Q1, 2016 12 Figure 6: InterOil Exploration & Production ASA, Total Oil & Gas Production, By Country/Region, mmboe, Q1, 2015-Q1, 2016 13 Figure 7: InterOil Exploration & Production ASA, Total Crude Oil Production, mmbbl, Q1, 2015-Q1, 2016 14 Figure 8: InterOil Exploration & Production ASA, Crude Oil Production, By Country/Region, mmbbl, Q1, 2015-Q1, 2016 15 Figure 9: InterOil Exploration & Production ASA, Total Natural Gas Production, bcf, Q1, 2015-Q1, 2016 16 Figure 10: InterOil Exploration & Production ASA, Natural Gas Production, By Country/Region, bcf, Q1, 2015-Q1, 2016 17 Figure 11: InterOil Exploration & Production ASA, Share Price Performance, NOK/Share, 2011-2015 18 Figure 12: InterOil Exploration & Production ASA, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve (US$/boe), 2011-2015 19 Figure 13: InterOil Exploration & Production ASA, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2011-2015 20 Figure 14: InterOil Exploration & Production ASA, Total Oil & Gas Reserves, End of Period, By Country/Region, mmboe, 2011-2015 21 Figure 15: InterOil Exploration & Production ASA, Total Oil & Gas Production, By Country/Region, mmboe, 2011-2015 21 Figure 16: InterOil Exploration & Production ASA, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2015 23 Figure 17: InterOil Exploration & Production ASA, Oil Production, By Country/Region, mmbbl, 2011-2015 25 Figure 18: InterOil Exploration & Production ASA, Gas Production, By Country/Region, bcf, 2011-2015 27 Figure 19: InterOil Exploration & Production ASA, Upstream Capital Expenditure, US$ mil, 2011-2015 30 Figure 20: InterOil Exploration & Production ASA, 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2011-2015 31 Figure 21: InterOil Exploration & Production ASA, 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2011-2015 32 Figure 22: InterOil Exploration & Production ASA, Revenue and Expenses, US$ mil, 2011-2015 34 Figure 23: InterOil Exploration & Production ASA, Exploration Expenses, By Country/Region, US$ mil, 2011-2015 35 Figure 24: InterOil Exploration & Production ASA, Oil & Gas Revenue, By Country/Region, US$ mil, 2011-2015 35 Figure 25: InterOil Exploration & Production ASA, Oil and Gas Revenue and Expenses, US$/boe, 2011-2015 37 Figure 26: InterOil Exploration & Production ASA, Exploration Expenses per boe, By Country/Region, US$/boe, 2011-2015 38 Figure 27: InterOil Exploration & Production ASA, Oil and Gas Performance Metrics, 2011-2015 39