- InterOil’s share price is under significant pressure because of the state of the oil and LNG markets.
- However, at present, neither cash flow nor a substantial part of the value proposition depends on the oil price and the company’s leverage is very small.
- Papua New Guinea (PNG) is at the low end of cost for LNG projects and interest is increasing, per take-over bids for Talisman and OilSearch.
Source: There Is Value In InterOil – InterOil Corporation (NYSE:IOC) | Seeking Alpha