Midland Energy Resources Case Analysis Midland Energy Capital Planning Model • Fund significant overseas growth • As domestic natural resources dwindle‚ overseas investments are the main drivers of growth for Midland. These investments are analyzed and evaluated is US dollars (foreign cash flows are converted to US dollars) and have a US dollar discount rate applied to them. In 2006‚ 77.7% of Midland’s total earnings from equity affiliates came from non-US investments. • Invest in value creating
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Introduction A non-renewable resource is a natural resource which cannot be produced‚ grown‚ generated‚ or used on a scale which can sustain its consumption rate‚ once depleted there is no more available for future needs. Also considered non-renewable are resources that are consumed much faster than nature can create them. Fossil fuels (such as coal‚ petroleum‚ and natural gas)‚ types of nuclear power (uranium) and certain aquifers are examples. Natural resources such as coal‚ petroleum‚ oil and natural
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Miller Energy Resources – Proposed TN Sale to Quest Deal Points/Overview Relevant Points: Purchase price: $6 million‚ paid $500 thousand at closing and the balance in common stock (assumes minimum 45% ownership in Quest post rollback). Quest will define what the share structure looks like post roll back on the stock. Quest to provide definitive procedures and timeline for OTCQX or NYSE Market Miller to have the right to appoint two directors of a five man board‚ Kevin DeLeon and TBD Acquisition
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A Changing World Introduction Mankind has been using Earth’s energy resources in one way or another for thousands of years. But recently‚ in the advanced society of the present‚ humans have been taking advantage of Earth’s energy resources. Every day‚ an average United States resident uses about 29 pounds of worth of coal in electrical energy; that adds up to more than five tons of coal a year. In addition to that‚ the average United States citizen also uses 500 gallons of gasoline each year.
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Tsunamis‚ the ins and outs What is a tsunami? Tsunamis (Japanese for “Harbor Wave”) are series of waves that are characterized by their massive wavelengths‚ often about 120 miles long‚ whereas a normal wave has one of about 333 feet‚ and destruction that they bring when they hit land. They are often called tidal waves‚ but incorrectly so. They have virtually nothing to do with the tides. Tsunamis can range from a few feet in height to over a hundred feet
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Introduction: Midland Energy Resources‚ Inc. is a global energy company with its operations in three divisions – Oil and gas exploration‚ Refining and Marketing and Petrochemicals. The company has been there for 120 years and in 2007 had more than 80‚000 employees. It has been a very profitable company with reported operating revenue of $248.5 billion and operating income of $42.2 billion in 2006. The primary goals of Midland’s financial strategy are to fund overseas growth‚ invest in value-creating
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and wood as a natural resource to produce energy. Around the beginning of the twenty-first century‚ those same energy resources are routine today as they were a hundred years ago. The U.S. has refined our ability to use new sources of energy that we have discovered over the last hundred years. However‚ “Annual consumption of petroleum and natural gas exceeded that of coal in 1947 and then quadrupled in a single generation. Neither before nor since has any source of energy become so dominant so quickly”
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Midland Energy Resources‚ Cost of Capital The case is about how Janet Mortensen‚ senior vice president of project finance for Midland Energy Resources‚ prepare her annual cost of capital estimates for midland and each of its three divisions for her company. Midland was a global energy company with operations in oil and gas exploration and production (E&P)‚ refining and marketing(R&M)‚ and petrochemicals. Estimates of cost of capital prepared by Mortensen were used in many analyses within
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Energy Value of Bread Experiment Plan: By Aneesa Khan 10JF What you will need: * Eye protection * Thermometer * Boiling tube * Measuring cylinder (25 cm3) * Bunsen burner * Heat resistant mat * Mounted needle * Teaspoon * Stand and clamp * Bread Safety: Wear eye protection. You must NOT taste or eat any of the foods used in the experiment. Method: Using a test-tube a. Measure 10 cm3 of water into the test-tube. b. Clamp the
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Masters in Finance www.london.edu/mif/ “The Masters in Finance at London Business School was one of the most exciting and dynamic periods in my life.” Amer Chowdhury (Bangladeshi) Masters in Finance (full-time) 2003 Senior Transactor‚ Intesa Sanpaolo Bank Fast-track your career in finance Make an impact on the world of finance through London Business School’s top-ranked Masters in Finance and lead the global evolution of the financial sector in the coming decades. If you are
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