Does InterOil's Deal With Total SA Really Change Anything for This Stock?
InterOil just filled its cash coffers with one of those big golf tournament-type checks from Total . With $400 million now on the books, the company will be able to accelerate its plans to explore and develop its massive acreage licenses on the island nation of Papua New Guinea. This is the first major step in the right direction for InterOil, and hopefully it will translate to success down the road toward building its own liquefied natural gas terminal to service the high-demand Asia-Pacific market.
There are some elements of the InterOil business model that might make an investment in the company rather compelling. Before jumping in and buying shares of this company, there is one thing you need to know. Find out what it is by tuning into the video below.
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The article Does InterOil's Deal With Total SA Really Change Anything for This Stock? originally appeared on Fool.com.Tyler Crowe has no position in any stocks mentioned. You can follow him at Fool.com under the handle TMFDirtyBird, on Google+, or on Twitter @TylerCroweFool. The Motley Fool recommends Total SA (ADR). Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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