The Board of Andes is pleased to provide an update on production at a Group level based on the February 2016 sales and production reports.
Group production for February 2016 was 3,538* bpd (January 2016: 3,487 bpd).
Argentine licences production update for the month of February 2016:
- In Chachahuen, Chanares Herrados, Puesto Pozo Cercado, Vega Grande, La Brea and El Manzano average production was 2,316 bpd net to Andes
Colombian licences production update for the month of February 2016:
- In Mana and Altair average production was 1,222* boepd (61% Oil) net to Interoil, in which Andes holds a 26% interest
