InterOil Corp (USA) (NYSE:IOC)
CAPS Rating:
A developing fully-integrated energy company whose focus is on operations in Papua New Guinea and its surrounding region.
A developing fully-integrated energy company whose focus is on operations in Papua New Guinea and its surrounding region.
BATS data provided in real-time. NYSE, NASDAQ and AMEX data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates and Analyst Ratings provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions
Recs
Two years ago, much was made of IOC's Antelope-2 well. It was said to flow at the highest rate ever. Surely there was a massive resource underneath! That was two years ago. As far as I can tell, they have not: been able to attract a partner to help develop the field, or even gotten a production permit from the government of Papua New Guinea, let alone actually begin production. I've never shorted a stock with real money, but I have to say I am tempted here.