Tract 570 Essay

963 words - 4 pages

Bidd ding for Trac 570 r ct
After a lo delay following the blowout on BP's Deepw ong water Horizon drilling rig the United n g, d States go overnment ha again ope as ened an area in the Gulf o Mexico fo potential d of or deepwater o oil explorati and prod ion duction. Follo owing its customary sale procedure the gover es es, rnment will b be putting se everal areas up for lease but one are is of parti e, ea icular interes Tract 570 Tract 570 st, 0. comprise 15,000 acr that is ge es res enerally belie eved to hold substantial deposits of oil and gas. d Rights to explore for and extract oil and gas on Tract 570 will be auc o r o 0 ctioned in tw weeks, in the wo n usual “bo onus plus roy ...view middle of the document...

Your in-h house valuat tion team ha been work as king on this p project for th months and they hree estimate the value of Tract 570 at $94 million This estim reflects their projec f a n. mate ctions for productio volumes, costs of exp on ploration and developme royalties wholesale prices and a d ent, s, discount rate to take account of th fact that most of the c he m costs will be incurred up e p-front but n ny 3 revenues will flow in over as man as 20 or 30 years. Past expe erience within your com mpany with th sort of au his uction sugge that the e ests estimates of the valuation group can diverge subs n d stantially fro the true v om values, as rev vealed by properties that t have been developed Twenty-fiv estimates were recent studied an the estim d. ve tly nd mated value w was compared to the ultim value of the propert The follo d mate o ty. owing chart s shows the di istribution of estimated values, wh the data of historical errors have been 'scale adjusted' so that they ap d here l e o pply to projects with an ac ctual value of $94 millio In other w o on. words, for pr roperties act tually worth $94 million, the valuation team would have come up with est t n d e timates below $70 millio and above w on e
This note was written by Professor & Senior Associat Dean Robert G. Hansen, an Professors J Hall, Steph w S te t nd Joe hen Powell, and Rob Shumsk of the Tuck School of Business at Dartm ky...

Hate Crime Laws Essay

2348 words - 10 pages On June 7, 1998, 49-year-old James Byrd Jr. of Texas accepted a ride from three white men, who then beat him severely, urinated on him, chained him by his ankles to the back of their pick-up truck, dragged him for three miles into the countryside, and dumped his corpse in front of an African-American cemetery (Graczyk). A little over a year later, a jury sentenced ring leader John King to death by lethal injection (“Man Executed for Dragging

Rational Emotional Behavior Therapy Case Study Conceptualization And Treatment Plan

2140 words - 9 pages Rational Emotional Behavior Therapy Case Study of Sarah: A Conceptualization and Treatment Plan Rational emotive behavior therapy, REBT, was developed by Albert Ellis and holds the central belief that the events in our lives do not cause our disturbances but that they are instead caused by our view of the events (Murdock, 2009). Murdock (2009) states that “people are seen as responsible for their behavior” (p. 279) but, because they are

Holidays In Albania

1636 words - 7 pages Have you ever thought about having exciting and incredibly cheap vacations? Albania might be the right choice. According to My Travel Guide, Albania is ranked the fourth among ten places worth visiting in Eastern Europe (“Top 10 Eastern European Destinations”). One can encounter three kinds of vacations in this Mediterranean country: winter, summer, and cultural. The ideal places to spend your winter vacations are the Albanian Alps. They are

A Heart Of Darkness

1748 words - 7 pages In this short story, there are frequent significant subject and ideas that make the story, "A Heart of Darkness," by Joseph Conrad, and haunting novel. The main theme is absolute white power over the natives. The theme validates the corruption, and the dependence caused by the white people as they took over the Congo. White men were giving all the power; they had no self-control, and in the end they did not use wisely. The white men became

The Aspects Of Vulnerability Among The Exploited In Medical Research

2287 words - 10 pages Essentially, everyone is in some state of vulnerability. However, some of us are more susceptible to harm due to our vulnerabilities. The susceptible are the individuals with the greatest risk. These individuals risk the loss of their autonomy, and maybe even their lives. Vulnerable populations can be found in every subset of society. However, as previously mentioned, there are some vulnerable populations that are at an even greater risk than

The Hitchhiker’S Guide To The Galaxy

1171 words - 5 pages The Hitchhiker’s Guide to the Galaxy As the human race makes life-changing discoveries, it is made apparent that there is always more to learn as the universe, instead of becoming familiar, is becoming absurd. The Hitchhiker’s Guide to the Galaxy, written by Douglas Adams, as well as the 2005 film adaption, portrays absurdity to be an all-encompassing system in the universe. Through the introduction and attempt to understand lack of reason, the

The Ford Motor Company Wage Increase Of 1914 And The Theory Of Incentives And Efficiency Wages

1252 words - 6 pages ‘It’s not the employer who pays the wages. Employers only handle the money. It is the customer who pays the wages’ (Henry Ford, cited in Johnson and Weinstein 2004, p. 2). When the Ford Motor Company announced that it would more than double the wages of its workers in January 1914 to a ‘five-dollar day’ minimum, was this a contradiction to Henry Ford’s statement? If customers are actually the ultimate payers of wages, then more than

Historical Analysis Of The Economical Breakthroughs Of The Industrial Revolution

1396 words - 6 pages A Historical Analysis of the Economical Breakthroughs of the Industrial Revolution During the Industrial Revolution, many elements of society experienced huge breakthroughs that would change the way they functioned forever. Economics were definitely one of them. With many new inventions and many factories appearing, many, many, more resources were being created than ever before. Also, all of the revenue from these resources was being given to

Leadership Portrayed in Monologue from Shakespeare’s Henry V

1214 words - 5 pages Leadership is defined as a socially constructed process and which also affect organizational future outcomes. Leader is someone at high position who have overall duty for an organization, she or he decide what to do and the way how to achieve it. (Carter and Greer, 2013)The role of leader is extremely important for an organization, leader use their own power to influence the followers though many different ways such as motivation in order to

Cuba Civil Rights

1906 words - 8 pages Picture a country that has limits on how much you can make random government imprisonments and more what do you do. That is the situation for the eleven million seventy-five thousand two hundred forty-four people of Cuba since the takeover of Fidel Castro. The US is opposed to Castro taking control of Cuba. Castro managed to ease the United States nerves when he said that Cuba was against all forms of communism. According to Lana Wylie the Union

US Freight System

1273 words - 6 pages General Environment Each American requires the movement of approximately 40 tons of freight per year across the freight network. This includes everything from shirts to lawn mower to orange juice. • As the U.S. population expands, the U.S. freight system will be called upon to meet the demands of a larger population • Between 2010 and 2035, the system will experience a 22 percent increase in the total amount of tonnage it moves • By 2050, with

Environmental Ethics Essay

2051 words - 9 pages , fluorescent lamps, power tools, toys, and drink dispensers (Townsend 588). According the Recycling for Charities website, this WEEE contains several toxins that are bad for the environment. Lead can damage both the central and peripheral nervous systems. Beryllium and cadmium can be carcinogenic. Arsenic used in circuits and conductors is poisonous and can damage the digestive tract. Mercury found in batteries can damage the central nervous and endocrine

World Religion Chart Essay

4069 words - 17 pages (Ulambana) | Week 3 - Sources | http://www.religionfacts.com | http://www.evangelical.us/buddhism.html | http://www.sgi.org/buddhism | | | | | WEEK 4DAOISM | Daoism (also spelled Taoism) is based on the teachings of the Tao Te Ching, a short tract written in the 6th century BC in China. Its emphasis on spiritual harmony within the individual complements Confucianism's focus on social duty. The two great Chinese belief systems were

International Economies Theory Essay

4241 words - 17 pages Schedule . . . . .566 Economic Integration and the Costs of a Fixed Exchange Rate Area: The LL Schedule . . . . . . . .568 The Decision to Join a Currency Area: Putting the GG and LL Schedules Together . . . . . . . . . . .570 What Is an Optimum Currency Area? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .572 CASE STUDY: Is Europe an Optimum Currency Area

Freedom And Responsibility Essay

2141 words - 9 pages Built within the Constitution of the United States are specifically defined freedoms that are guaranteed to all citizens. Conversely, with every constitutional freedom there comes a corresponding responsibility. On September 25, 1789, the state legislature’s twelve proposed amendments were transmitted by congress, the first two dealing with congressional representation and congressional pay. The following numbers three through twelve were