InterOil Extends LNG Project Agreements With Mitsui

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InterOil Corporation (NYSE: IOC) On March 30, 2012, InterOil indicated additional amendments to extend the Joint Venture Operating Agreement for the Company's proposed Condensate Stripping Plant ("CSP") with Mitsui & Co., Ltd., and associated agreements to December 31, 2012 were being contemplated. Today InterOil announced that it has entered into such agreements to extend the dates by which certain conditions are to be met and Final Investment Decisions (FID) made in LNG project agreements with Mitsui until December 31, 2012.

27% profit every 20 days?

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