NGC5367 is a member of a class of unusual high Galactic latitude molecular clouds with distinctive comet-like appearances. The origin of this cometary cloud remains a mystery. Studies of star formation in cometary globules near the Gum Nebula indicate that some owe their shapes to ionization fronts from nearby OB stars. The Draco cloud has been described in terms of ablative mass shedding as the cloud passes through the ISM. A detailed study of G110-13 has found evidence suggesting that cloud-cloud collisions could also be an important, shape-determining mechanism for some cometary clouds. NGC 5367 is unique among these high-latitude cometary clouds in that it is exceptionally bright at far-IR wavelengths. It is relatively nearby (d = 300 pc), has a low mass ( 50 Msun) and size ( 2 pc). More significantly, it also contains two embedded B-stars for an estimated star forming efficiency of at least 25 percent. The coma of NGC 5367 is completely dominated by the scattered light from the two B-type stars at optical wavelengths. Two young stellar objects were identified in the leading edge of the cloud coincident with a dark bar of optical obscurration. ISO observations of this cloud will provide major new insights into the star formation history of this cloud, and a substantial test of whether shocks of any kind have played a role in determining its shape. ISO will be used to measure the OI lines at 63 and 145 microns, and the CII line at 157 microns. The line fluxes are a sensitive measure of the presence of photodissociation regions and will be used to descriminate between low and high-energy shock histories for this cloud. Spectro- photometry between 3 to 12 microns will identify PAH differences between the coma and the tail regions which should also be present if shock processing of dust grain material has occurred. We will also image the new YSO cluster in the dark bar region to identify additional YSOs and improve estimates of the cloud's star formation efficiency.