The Board of Andes is pleased to provide an update on current production at a Group level based on the June 2016 sales and production reports.
Group production for June 2016 was 3,310* boepd (May 2016: 3,489* boepd).
Argentine licences production update for the month of June 2016:
- In Chachahuen, Chanares Herrados, Puesto Pozo Cercado, Vega Grande, La Brea and El Manzano average production was 2,237 bpd net to Andes
Colombian licences production update for the month of June 2016:
- In Mana and Altair average production was 1,073* boepd (59% oil) net to Interoil, in which Andes holds a 26% interest
