InterOil's (IOC) new CEO Michael Hession is hitting the ground running, Raymond James says in...

|About: InterOil Corporation (IOC)|By:, SA News Editor

InterOil's (IOC) new CEO Michael Hession is hitting the ground running, Raymond James says in maintaining its Outperform rating and $100 price target. Hession's introductory remarks show his immediate priority is to finalize the resource sell-down with Exxon (XOM), the firm believes, adding that it thinks essentially all key terms already have been agreed by the two sides.