PETROLEUM I. HISTORY The petroleum industry includes the global processes of exploration‚ extraction‚ refining‚ transporting (often by oil tankers and pipelines)‚ and marketing petroleum products. Petroleum in an unrefined state has been utilized by humans for over 5000 years. Oil in general has been used since early human history to keep fires ablaze‚ and also for warfare. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material for many
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TITLE: MW Petroleum Corporation: A Valuation Approach on Real Assets ABSTRACTOR SUMMARY Valuation is the estimation of an asset’s value‚ whether real or financial‚ based on variables perceived to be related to future investment returns‚ on comparison with similar assets‚ or‚ when relevant‚ on estimates of immediate liquidation proceeds (Pinto‚ Henry‚ Robinson‚ Stowe; 2010). Correct valuation of real assets can present challenges to financial analysts. Different models can be used to arrive at
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Petroleum jelly‚ petrolatum‚ white petrolatum or soft paraffin‚[1] CAS number 8009-03-8‚ is a semi-solid mixture of hydrocarbons (with carbon numbers mainly higher than 25)‚[2] originally promoted as a topical ointment for its healing properties. Its folkloric medicinal value as a "cure-all" has since been limited by better scientific understanding of appropriate and inappropriate uses (see uses below). However‚ it is recognized by the U.S. Food and Drug Administration (FDA) as an approved over-the-counter
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Cash Flow Valuation – Proved Developed Reserves Discounted Cash Flow Valuation – Proved Undeveloped Reserves Discounted Cash Flow Valuation – Probable Reserves Discounted Cash Flow Valuation – Possible Reserves Question 3 To value MW Petroleum we would consider the assets in place and the option bearing assets discretely. The assets in place consist of the proved developed reserves since they are already producing a determinable quantity of oil and natural gas‚ as well as the non-producing
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The reason I chose a career in nursing‚ is simply because I love caring for people. Nursing is a rewarding career‚ not only financially‚ but it is also fulfilling in knowing that you have touched someone’s life in a positive way. A career in nursing requires patience and self - sacrifice‚ after all‚ it is all about putting your own needs aside and focusing other people’s needs. Nurses have a number of different duties. Their duties vary nationally‚ locally‚ by state‚ and by what specialty they work
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I am a senior attending Lenoir City High School. My GPA of 3.607. For as long as I can remember‚ I have wanted to be a veterinarian. As a seven-year-old girl‚ I remember going to a friends house after school. They had many different animals of all sizes. Every day my friend and I would pretend we were veterinarians. We saved lives and set broken bones. Once a month the veterinarian would come to the farm and I would watch her assess the animals‚ give vaccinations‚ clean hoofs and any other care the
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Since I was young I have always wanted to go into the field of physical therapy‚ so that I may be able to help someone else. Helping other people has always been a passion of mine . Physical therapy is what I love and want to do‚it is how I seek to better help the community and the world.With that In mind not everything has gone to how I would of planned. At the other out of state institution I attended. I was faced with exceptional finances hardships‚ as the school tuition was $45‚000. When I spoke
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College Essay I’d like to return to college now because I have reached a stage in my life‚ where I can truly appreciate the value of a college degree. I have been in the workforce for many years now and I have worked at some great places‚ have experienced and learned many things‚ and met some wonderful people along the way. However‚ my ultimate goal is to have a career and not just another J*O*B*. I know and understand how vital a college degree can be to a persons’ life and overall‚ personal‚ professional
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Peter Baptiste Instructor: Heather Ann Schmidt ENG-122 January 24‚ 2015 43 and Back at It Returning to school is hard‚ but returning at age 43 is the hardest decision that I have ever made in my life. Growing up I always felt that I was never smart enough to advance myself in anything‚ yet alone school. After working many jobs and not climbing fast enough or having the required qualifications for opportunities; I have decided to return to school because I want to make a better life not only for
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If you’ve read any of my work‚ you probably know how much I love my alma mater‚ Pace University.It’s always a pleasure to give back to the university and students that are now in the position I once was. I’ve been happy to continue my relationship with Pace as an Adjunct Professor‚ as well as serving as one of The School of Business’s’ Lecturer in Residence. This semester‚ I’m excited to do more for Pace as I impart my knowledge on the students at the Westchester and New York City campuses. In my
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