InterOil Corporation (USA) (IOC): This Oil Company Got Exactly What It Needed

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What a Fool believes
While we’ve been anticipating news like this for some time now, it looks as though InterOil Corporation (USA) (NYSE:IOC) has found the perfect partner. Overall, bringing on Exxon Mobil Corporation (NYSE:XOM) as a potential partner would considerably lower the risks associated with an InterOil investment.

One item investors should look at once the deal goes through is the interest stake Exxon will take in InterOil Corporation (USA) (NYSE:IOC)’s upstream operations. As mentioned earlier, InterOil’s current market value is trading at a deep discount to several other players in the oil and gas space, so it will be interesting to see how much money Exxon Mobil Corporation (NYSE:XOM) will be willing to pay. The overall structure of the deal seems to be solid for InterOil, but the devil could be in the details.

The article This Oil Company Got Exactly What It Needed originally appeared on Fool.com.

Fool contributor 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 has no position in any of the stocks mentioned.

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