InterOil (NYSE:IOC) just filled its cash coffers with one of those big golf tournament-type checks from Total (NYSE:TOT). 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.