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Mr

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Issue:

History

 

Written by:

Andrew C

 

Date added:

July 29, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 320

 

Was viewed:

3460 times

 

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Essay content:

If the projected return is less than this level the development is usually postponed, while at higher rates the project could be expected to proceed. Oil companies share a characteristic which is common to most economic entities—they are not charities. It is quite natural that they Commercial — The prospect yields an economically attractive rate of return to the oil company when conventional technology is applied to its exploitation...
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It is quite natural that they Commercial — The prospect yields an economically attractive rate of return to the oil company when conventional technology is applied to its exploitation. Uncommercial — The prospect is unlikely to yield an economic return to the oil company under any foreseeable technical or fiscal scenarios...
displayed 300 characters

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