Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

0 Given the following information for a new project: The expected recoverable reserves is approximately 90 MMSTB Expected CAPEX and OPEX for the project is

image text in transcribed
0 Given the following information for a new project: The expected recoverable reserves is approximately 90 MMSTB Expected CAPEX and OPEX for the project is around 100 MMS The oil price is expected to be sold at 66 $/bbl Assuming a PSA with Royalty/Tax system, with the below conditions: Royalty of 28 % Maximum Cost Recovery of 35 % Oil Split of 25 % 775% Tax layer of 31 % 1. What will be the total cash going to the government?( 3 marks) 2. What will be the government take? ( 2.5 marks) 3. What will be the contractor gross revenue? (2.5 marks) If boxes are left empty, you will get zero for the boxes left empty and your answers here must ma calculations. 7 A iii EEE %

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Information For Decisions

Authors: Robert Ingram, Thomas L. Albright, Bruce A. Baldwin, John Hill

1st Edition

0538815388, 978-0538815383

More Books

Students also viewed these Accounting questions

Question

Explain the factors that determine the degree of decentralisation

Answered: 1 week ago

Question

What Is acidity?

Answered: 1 week ago

Question

Explain the principles of delegation

Answered: 1 week ago

Question

State the importance of motivation

Answered: 1 week ago

Question

Discuss the various steps involved in the process of planning

Answered: 1 week ago