Interoil Exploration & Production ASA engages in the acquisition, exploration, development, and operation of oil and gas properties primarily in South America. The company is headquartered in Oslo, Oslo and currently employs 129 full-time employees. The company went IPO on 2006-07-19. The firm is involved in the acquisition, exploration, development and operation of oil and natural gas properties in South America. Its current operations are all related to assets in Colombia and Argentina. In Colombia Interoil has two production licenses, Puli-C and Altair, plus an exploration contract in LLA-47 an onshore block placed in the prolific Llanos Basin. In Argentina Interoil has equity interests in one exploration and seven production concessions in the highly prolific Golfo San Jorge Basin, in the Jujuy Province and in the heart of the Austral Basin in southern Argentina.