The Board of Andes is pleased to provide an update on current production at a Group level based on the January 2016 sales and production reports.
Group production for January 2016 was 3,487* bpd (December 2015 3,287 bpd).
Argentine licences production update for the month of January 2016:
• In Chachahuen, Chanares Herrados, Puesto Pozo Cercado, Vega Grande, La Brea and El Manzano average production was 2,253 bpd net to Andes
Colombian licences production update for the month of January 2016:
• In Mana and Altair average production was 1,234 boepd (61% Oil) net to Interoil, in which Andes holds a 26% interest
