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ExxonMobil has recently signed a sale and purchase agreement (SPA) with XTRA Pty Ltd. to acquire 100 percent interest in TANVA Oilfield in Production License offshore Western Australia for $20 million. At the moment, oil from the field is produced from horizontal wells and processed through a fixed central production facility platform with 50,000 barrels per day capacity. Oil is then transported by pipeline to the floating storage offloading (FSO) facility and loaded to shuttle tankers for North Asian customers. It is crunch time over the next few days as SapuraKencana rallies its investors for the green light on the purchase. Assume that the voting power is only limited to a few trusted and institutional shareholders. The decision requires a simple majority of the seven decision-making shareholders. If each is believed to have a 0.35 probability of voting yes on the purchase, what is the probability that the oilfield will be purchased by Exxon?
What is the probability to have the majority (4 or 5 or 6 or 7 votes "Yes") if each participant votes "Yes" with the probability 0.35?
the mean of a normal distribution is 400 pounds. the standard deviation is 10 pounds.a. what is the area between 415
jim has traveled 5/6 of his total trip. he has traveled 520 miles so far. how many more miles does he have to travel?
Consumers are spending 80% of their incomes to buy goods and services. Now, the level of investment increases by $8.2 billion. What will this do to the level of aggregate income in the economy?
Find an expression for the total differential dT in terms of the differentials dV and dP when the volume is 25 dm3 and the pressure is 1 atmosphere.
Find the height at which the light has to be fixed to get its use in maximum area using its perimeter function
Approximate f by a taylor polynomial with degree n at the number a, and use taylors inequality to estimate the accuracy of the approximation f(x)=T(x) when x lies in the given interval
Please describe two quantities from real life that would have a slope , one positive and one negative.
one operation of a mill is to cut pieces of steel into parts that are used in the frame for front seats in an
The problem you must solve is: How many times louder is a 60 dB sound than a 20 dB sound? How many times more energy is released by a magnitude 6 earthquake than by a magnitude 2 earthquake?
The demand function for a certain make of ink-jet cartridge is the following where p is the unit price in dollars and x is the quantity demanded each week, measured in units of a thousand.
The coarseness of the sand is such that it forms a pile in the shape of a cone with the radius of the base always 1/2 the height. How fast is the height increasing when the pile is 15 feet high?
The annual cost of owning and operating a car, C dollars, is a linear function of the distance, d kilometers, it is driven. c = md + b
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