MW Petroleum Corporation (A) finance case Study

MW Petroleum Corporation (A) finance - Case Study Example Apache on the other hand is seeking to grow. This is a good opportunity for the company to do so. This transaction would be beneficial to Apache the portion of MW Petroleum that Apache is considering is located in the same general area where the company currently operates and so consolidation will further reduce costs. This should allow for increased economies of scale in the form of reduced direct operating costs and even more so overhead costs for Apache. It is cheaper for Apache to buy an existing business as it has been doing rather than carry out exploratory drilling. This acquisition will also allow the company to diversify geographically its portfolio of assets which is important when the riskiness of the operations is considered. This diversification will somewhat help to stabilize Apache’s earnings even though both gas and oil prices are highly volatile. The acquisition of Amoco will also enhance Apache’s standing among US independents and lead to even further acquisition opportunities. The company is considering further growth opportunities in the future and this represents a stepping stone that will allow Apache some amount of bargaining power and would therefore put the company in a better position to compete with other companies. It is reasonable to expect that the MV properties are more valuable to Apache than to Amoco because Apache will benefit from synergies and rationalization of expenses. Table 2 below shows the present value of the aggregate overheads that Apache could reduce substantially if the acquisition takes place. Amoco would be better off if it had cash in hand which the company could invest in more profitable ventures. Currently, the properties are not contributing substantially if any at all to the company’s overheads. Part 1 (b) The sources of value that most plausibly account for the difference between buyer and seller are: The exclusion of fields in Michigan and the Gulf of Mexico; Expected synergies; Other opportunities mentioned; and The beta value that was used. Exclusion of Fields in Michigan and the Gulf of Mexico Apache was only interested in fields containing approximately 78% of MW’s proved developed reserves and 75% of the Proved undeveloped reserves. These account f or approximately $120 million of the difference. No details were given of the percentage of the probable and possible reserves that would be included in the fields in Michigan and the Gulf of Mexico. However, these could be substantial. Assuming that these fields are in the same proportion as the proved undeveloped reserves then the total value would be approximately $906 million. This is 294 million less then the $1.2 billion that Amoco indicated that the properties were worth. See APV Calculations in the Appendix. Table 1 Reserves Total (MMBOE) Proportion included in Purchase Value included in APV Total Value Proved Developed Reserves 155.2 78.22% 121.4 247,750,571.44 316,728,901.87                   Proved Undeveloped Reserves 25.6 75% 19.2 151,257,604.86 201,676,806.48 Sub Total          399,008,176.30 518,405,708.35                   Probable Reserves    75%    145,575,867.21 194,101,156.28                   Possible Reserves    7 5%    145,125,191.13 193,500,254.84                   Total          689,709,234.64 906,007,119.47 Synergies The synergies can be quantified as some overheads would be much reduced as well as some direct operating costs. The table below shows the present value of the projected aggregate overhead expenses. Apache is expected to save a substantial portion of this approximately $201 million. Table 2 Year Aggregate Overheads PV Factor (13%) PV Cash Flow 1 36.6 0.885 32.39 2 38.7

Essay Contest - A Great Idea For a College Essay Contest

Essay Contest - A Great Idea For a College Essay ContestThe Atlas Shrugged Essay Contest is a great idea for a college essay contest. It combines the rigor of a competition with the humor and suspense of an essay. The goal is to write a decent, original thesis on Atlas Shrugged or another of Rand's novels.The Atlas Shrugged Essay Contest can be fun. However, there are some areas of discussion that may not be appropriate for your topic of interest. As such, the contest organizers are doing their best to make sure that any topics are at least debatable.First, you should think about what makes your essay special. If it's about individualism and how it's put to the test, as in 'individual choice is the root of all evil', you can't write about politics, business, or the culture of business. You have to be able to write from the perspective of an individual, which usually means that you should come from an authorial voice. In short, you need to use a form of writing, either your own or ano ther person's.Some Atlas Shrugged Essay Contest topics are: 'What constitutes the root of evil? How does our world view different people, how do we assign them the meaning of value?' or, 'What is the true meaning of individuality? Is it self-sufficiency? The expression of self?'Next, Atlas Shrugged Essay Contest topics are known for their strong writing. Thus, you should research the writing style of the people in the novel. They are noted for using obscure language, often by adding numbers to the words, as in, 'It can't be said that there are no words in the language that don't mean anything.'Finally, Atlas Shrugged Essay Contest topics are also known for their political opinion. Thus, you may want to think about whether or not you have an opinion on political affairs. If you're unsure, look up those mentioned in the book and see if you have strong feelings about them. And, as the essay, you need to state your opinions in an objective and clear manner.These are just a few of the At las Shrugged Essay Contest topics you should consider. There are several other topics as well. Take your time in choosing, and you'll be glad you did.

Anselm's ontological argument Essay Example | Topics and Well Written Essays - 1000 words

Anselm's ontological argument - Essay Example Whereas ancient Greek philosophers, such as Plato and Aristotle, hinted at the existence of a God, Anselm’s ontological argument offered one of the first expressly rational proofs for the Judeo-Christian God. In this paper, the author examines the ontological argument of St. Anselm by taking a look at the argument itself, and analyzing both the value and criticisms against it. Further, the discussion examines the influence of the ontological argument on modern thought, particularly Rene Descartes’ revival of the said proof. The ontological argument derives its name from â€Å"ontos†, meaning â€Å"being†. The term â€Å"ontological† signifies an emphasis on the â€Å"being† or â€Å"nature† of an entity. An ontological argument, therefore, derives its strength from the nature itself of what is argued for. In the case of the ontological argument of Anselm, it is referred to as such because it seeks to prove the existence of God by appealing to the nature of this Supreme Being, or perhaps more correctly, to the definition of the latter. He argues that to have an understanding of God as that than which nothing greater can be conceived, entails the acceptance of God’s existence since such a conception necessitates existence. He states: Therefore, if that than which nothing greater can be conceived, exists in the understanding alone, the very being than which nothing greater can be conceived, is one than which a greater can be conceived. But obviously, this is impossible. Hence, there is no doubt that there exists a being than which nothing greater can be conceived, and it exists both in the understanding and in reality (Fremantle 89). It can be seen that such a proposal allows for a proof that is â€Å"built in† the term, so to speak. For if God is such a being, then it is of necessity that he must exist, since not to exist would mean that there is another being that is greater still, namely, one that exists. Thus, Anselm quotes Psalm 14:1

Technology Topics For Research Paper - Turning The Classroom Into A Real World!

Technology Topics For Research Paper - Turning The Classroom Into A Real World!Getting to the top of your class in any class is the mark of being a smart student. Without the ability to be productive in a class, whether it is in high school or college, there is no point. With a few technology topics for research paper you can get to the next level in a class.The Internet is by far the most important technology for our everyday lives. Through this new resource, we are able to do so many things we never dreamed of before. Whether it is email, instant messaging, banking, or video conferencing, there is no reason why a person should not be able to do anything they want on the Internet.Technology now allows us to communicate in an unprecedented way. No longer is it possible to communicate a one-on-one, like what a couple does in a class or to communicate with classmates on Skype or FaceTime. We can now communicate to anyone in the world, even if it is just a friend. This can be great for business and sales but there is a downside, as most of us aren't of our world.Sometimes when we are away from our normal life, we feel completely lost. Online communication is one way we can keep in touch with people. People can also access our status, in the case of computers or phones, and there is no need to rely on the text messages that require us to take a break.This is great for those who have busy schedules or have a limited amount of time to make notes in class, but many people find this type of electronic medium an overwhelming task. This can be remedied with the help of technology topics for research paper. While they are not the core of the class, they will provide the student with an alternative to memorizing the same lecture over again.Internet-based technology can also be used for fun. While studying, we can build games and puzzles and watch movies and television programs we may not otherwise be able to find. These can be a great way to relax and pass the time.While i t may seem like technology topics for research paper are not necessary for higher education, it is the most advanced method of studying. It doesn't matter if the student has a full course load in the class or is going through a lot of free time. They can still make use of this new technology. They are actually the same when it comes to the technology and class.

Texas State Technical College Essay Prompts: the Ultimate Convenience!

Texas State Technical College Essay Prompts: the Ultimate Convenience! Ok, I Think I Understand Texas State Technical College Essay Prompts, Now Tell Me About Texas State Technical College Essay Prompts! After completing this class, you will be prepared to pass the Praxis Core Exam. No matter the direction you decide to pursue, don't forget to make sure admissions is learning something new about you through personal anecdotes and specific information. So, as always, it's imperative that you check your state and school deadlines in order to don't lose out on any aid. Manage student advising appointments with an on-line sign up. What You Should Do to Find Out About Texas State Technical College Essay Prompts Before You're Left Behind This isn't a possiblity to highlight your achievements and accomplishments. And still, there are individuals who love it! This prompt gives you the chance to speak about your passions and display your extracurricular pursuits. It is sometimes a b ig or little accomplishment provided that it means a lot to you. You may always remove schools later in the event you choose not to apply (but you don't need to). A sickness in the family members or extensive expertise in advocacy for minority groups can provide the essential context, but you ought to be concise when discussing them. When picking a college community, you're choosing a location where you believe that you could live, learn, and flourish. It's possible to define community as you see fit, just ensure you speak about your function in that community. You thought that war may be coming. For this essay, don't be afraid to find silly or serious but make sure that you go all of the way whichever side you select! If you can't immediately think of a considerable day, you most likely don't have a good deal of material for this essay. Within this essay, don't be scared to acquire vulnerable and be specific. Make certain to connect the significance of the activity to a specific experience or story to provide the essay direction. Make certain you give clear explanations of the things on your list also. Fortunately our team consists of professional writers which possess the capability to create remarkable content for you. We would like to get to understand you better through your responses. Each response is going to be limited to 200-250 words. The True Meaning of Texas State Technical College Essay Prompts This platform was made to fulfill the requirements of those that are interested in getting an essay done fast. Actually, we recommend saving those details for an Additional Info essay, so you may use the remainder of your application to highlight different pieces of your remarkable personality. The very best thing about us is that each time you can buy original essay papers for sale. That's why the previous bit of this prompt is important. Gossip, Lies and Texas State Technical College Essay Prompts You should show how you're ready to study in your major to accomplish your career objectives. It is often as large or as small as it is possible to consider! Research the Alamo and compose a succinct overview of the battle. How to Find Texas State Technical College Essay Prompts Online It may be an intellectual challenge, a research query, an ethical dilemma anything that's of personal significance, regardless of the scale. There are a number of ways to interpret this type of prompt. For this circumstance, in the event you made a bad choice, focus along the way you would change it. We want to find a better feeling of you. Opt for a distinctive topic that others may not think of, and whatever you select, make certain you know a lot about it! Therefore, if something has happened that affected your academic performance, this is an excellent chance to spell out the conditions. 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Cause and Effect Research Paper Tips

Cause and Effect Research Paper Tips What Is So Fascinating About Cause and Effect Research Paper? No matter in which you position the info, it's valuable. You may gather information from the net. The subject of your research paper is the deciding factor that will establish the caliber of its content, in addition to how the info is relayed to the reader. It is imperative to note that if deciding on a topic on history and world events, you want to be sure that there's enough info on it. The Good, the Bad and Cause and Effect Research Paper When you take a look at the purpose of the paper and the audience degree, you can determine the supporting documents you have to collect and provide in your writing. Expound briefly on the key points that are to be covered in the research paper, giving reason why readers ought to take interest in the subject. The whole thesis should appear early in the paper in order for your reader knows where you're going. There are arguments regarding the effect of the cell phone on human communication. What other impacts possess the uprisings had. As can be viewed, establishing cause and effect is among the most crucial facets in designing a robust research experiment. Some factors like recession, outsourcing, and deficiency of education have been fronted in an endeavor to spell out the phenomenon. Key Pieces of Cause and Effect Research Paper You find the above mentioned thinking is almost saying that we've got the ability to heal ourselves. In a brief essay, it may be challenging to tackle the reason and all the many effects of a huge event like the Great Depression. Take your time to thoroughly examine our cause and effect topics list till you locate a prompt that you're excited to write about. There are several regions to explore while looking for suitable cause and effect topics. The Appeal of Cause and Effect Research Paper When you would like to create a terrific cause and effect essay for college, acquiring an engaging topic you should know that you could have fun too! For college students, writing a cause and effect essay does require a good deal of thought and a particular amount of research skill, however, it doesn't need to be a challenging endeavor. Writing about the reason and effect essay topics connected to the school's popularity or surviving the initial year in college could be fine to grab the interest of your peers. Topics for a cause and effect essay can be found on the internet, or you may brainstorm with a friend and see what you could work out but clearly, you can even find online suggestions on writing papers for college. You may acknowledge there are various sort of impact to that cause and after that limit the discussion to the most important ones. Before you commence working on cause and effect essay outline the very first thing you have to do is to select a winning topic. Again, bear in mind there are some causes that are indirect, or remote. A cause is an or igin or the main reason for happening of a specific activity. There various steps you must follow as a way to create a superior research paper. A research paper is quite a well prepared paper about a subject you have to document for. Publishing it might not help you land a job as a calculus instructor but it is helpful in many fields. Argumentative Research Paper The argumentative research paper is designed to persuade the reader of a specific point. Use transition words like as a consequence, therefore, thus, thanks to, then, because of this, consequently and other people to suggest to the reader that you're discussing effects. At this point you know how you're going to concentrate on your subject and the way you are likely to decide on the material for your research. If you're writing about World War I, for instance, mention the political, cultural, and historical elements that resulted in the fantastic war. Your research pursuit does not need to have to be hard if you u nderstand what you're doing. New Step by Step Roadmap for Cause and Effect Research Paper An essay about the source of the American Civil War could start out with slavery and after that move on to other ideas, including states' rights. Otherwise, you may just select one. Our professional researchers and writers can help you with obtaining high levels on investigation papers which you simply order around. Cause and effect papers ought to be presented in a logical progression to permit the reader to follow. The New Fuss About Cause and Effect Research Paper Additionally, you might concentrate on just a single cause or on only one effect. What's more, you must make sure your causes are in fact linked to their effects. The big causes and effects of a paper are called the main causes and effects. It is crucial to remember that sometime, many causes result in a single effect or many effects might actually be from 1 cause. While describing a health problem such as some type of disease, it's possible to include numerous outcomes. Irrespective of the subject and how broad your work is going to be, you must have all the causes and each one of the effects clear in your thoughts. At the exact same time, detecting cause and effect relationships isn't that easy in regards to the selection of an excellent cause and effect essay topic. Another predicament is a result. Besides being a comprehensive assignment by themselves, cause and effect writing may also feature as part a bigger assignment. Don't forget to indicate the procedure of development you chose in the topic line of your posting. You need to carry out research in order for your points and ideas are going to have the necessary supporting details. To succeed, you must know some vital elements to impress your class. The New Fuss About Cause and Effect Research Paper Then you should learn how you can better your essay to achieve your tutors stan dards. Good research is indispensable in regards to writing a very good cause and effect essay. As a way to compose an effective essay, you will need to follow along with your professor's guidelines. Before you commence writing, it's important to make an outline with the research that you might have done about this issue. The topic may be more difficult to produce. Causes are introduced as argumentative topics which introduce the main topics of contemporary society in a concise presentation where creativity is central. Before selecting a research topic ask yourself these questions.