...Executive summary Talisman Energy Inc. is a company that has been through a lot in the past, due to their negative experience in Sudan. They were accused of aiding the Government of Sudan in the commission of human rights violations and indirectly providing funds to purchase weaponry, which eventually led to selling their Sudan asset. Now, they’re debating whether or not they should enter into the Kurdistan region of Iraq, potentially knowing that the same thing could happen. KRG is asking for $220 million in exchange for allowing Talisman to search for oil reserves. The main question here is; will the KRG use the money on economic development or on weapons in order to force their independence from Iraq? With the experience on the board of directors, proper due diligence, and constant re-evaluation of the situation, Talisman should find it easier in discovering potential risks in Iraq, hence being pro-active in finding and solving issues before they arise. With this said, I feel that Talisman should enter Iraq. Problem statement Talisman Energy Inc. has had problems in the past when entering into politically unstable markets. They are now faced with a dilemma on whether they should or shouldn’t enter into the oil-rich Kurdistan region of Iraq. If they do decide to enter into this market, can they do it without facing the same problems they faced when they entered into Sudan? Analysis Talisman Energy Inc. is a company that has gone through a lot of scrutiny and...
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...problem that Talisman Energy Inc. is facing are the risks that they will face coming into Iraq, and dealing with the Kurdistan Regional Government. Talisman Energy Inc. will have to deal with KRG not knowing how they will act with the money that Talisman Energy Inc. will give them. Analysis The first thing that worries Talisman Energy Inc. is that they don’t know if KRG will use the money on economic development or to buy weapons. If KRG uses the money to build the economy then this will make Talisman Energy Inc. look like they helping a good cause which will help bring up the value of their stocks and make them grow. But if KRG uses the money for illegal purposes such as buy weapons. This news will make Talisman Energy Inc. look like if they support violence in the Middle East, which will bring uproar in the region. This will also make Talisman Energy Inc. look like they support Saddam Hussein and his weapons of mass destruction. If it actually came to pass that KRG was found actually spending money on weapons of mass destruction. Talisman Energy Inc. stocks would drop significantly and ruin the reputation of Talisman Energy Inc. Although Baghdad gave complete autonomy to KRG, they might still need to overrule these purchases of weapons. For other international NGO communities they will need to come in to stop KRG from continuing to purchase weapons and will ask KRG to safely destroy these weapons. This scandal would really damage the reputation of Talisman Energy Inc...
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...S w 9B09M035 TALISMAN ENERGY INC.: THE DECISION TO ENTER IRAQ Natalie Slawinski wrote this case under the supervision of Professor Pratima Bansal solely to provide material for class discussion. The authors do not intend to illustrate either effective or ineffective handling of a managerial situation. The authors may have disguised certain names and other identifying information to protect confidentiality. Ivey Management Services prohibits any form of reproduction, storage or transmittal without its written permission. Reproduction of this material is not covered under authorization by any reproduction rights organization. To order copies or request permission to reproduce materials, contact Ivey Publishing, Ivey Management Services, c/o Richard Ivey School of Business, The University of Western Ontario, London, Ontario, Canada, N6A 3K7; phone (519) 661-3208; fax (519) 661-3882; e-mail cases@ivey.uwo.ca. Copyright © 2009, Ivey Management Services Version: (A) 2009-07-02 In June 2008, John Manzoni, president and chief executive officer (CEO) of Talisman Energy Inc. (Talisman), and his senior management team were called to a special board of directors’ meeting. The board was debating Talisman’s proposed entry into the oil-rich Kurdistan region of Iraq. This move was potentially very lucrative for the company but also posed many risks. Talisman had been tracking the issues related to the Kurdistan region for a number of years. The company had consulted multiple stakeholders...
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...Talisman’s Decision to Enter Iraq Robert A. Neufeld Athabasca University Executive Summary The board of directors of Talisman Energy Inc., a Canadian publicly-traded oil and gas company, has been presented with a request from management that the company jointly purchase a 40 percent interest in Block 44 in the Kurdistan region of Iraq with another Canadian firm called WesternZagros, The investment is potentially very profitable and fits well into Talisman’s growth strategy however it is also very risky. Within its recent past Talisman suffered reputational damage and was forced to sell off its operational investment in Sudan after underestimating the risks involved in operating in a politically unstable region and specifically the efforts of non-governmental organizations and resulting pressures from stakeholders. The board needs to decide if it should enter Iraq and if Talisman can successfully operate there in a corporately responsible and profitable manner while managing many apparent risks. The main risk is the political and legal relationship between the Kurdistan and the Iraqi Central Government is transitory if not non-existent, and there is higher international support for Iraq unity than Kurdistan independence. The risks are great enough that Talisman should wait to enter Iraq. Problem Statement Can Talisman enter and operate as a joint venture in the Kurdistan region of Iraq in a profitable and corporately responsible manner that avoids the issues faced...
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...Evaluation of Talisman Energy’s Hydraulic Fracturing Practises in Hudson Hope ABSTRACT To meet the demand of oil in today’s oil dependent society, Talisman Energy is looking to exploit a mine located in Hudson Hope, British Colombia. The most suitable extraction process is hydraulic fracturing, which currently presents several environmental concerns to the residents located near the mine, and a representation of the general public who believe that hydraulic fracturing is not an ethical method of extraction. Talisman Energy has recently been granted a long term contract to utilize fresh water from BC Hydro’s Williston Reservoir. Local residents are concerned about the additives used in Talismans fracking process, as well as the depletion of their fresh water source. The major environmental concerns associated with hydraulic fracturing include the presence of fracking additives in ground water supply, human induced earthquakes, and the use of large amounts of fresh water supply. Talisman Energy’s proposed plan of action was evaluated using a set of ethical decision making criteria in order to determine if Talisman Energy can be considered an ethical and socially responsible company. An analysis of the criteria determined that Talisman Energy currently fails to operate as an ethical and socially responsible company. Specifically, Talisman Energy did not take the initiative to evaluate more sustainable fresh water sources. It was concluded that upon further exploration in...
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...The age group I have is 6-7 year olds, when it comes to little kids learning new things, you have to do it where you know it will interest them. Kids now a day’s which always like to learn new things but if it don’t interest them they will not be into it to learn. It’s almost like you are doing what they want you to do just to get them to learn. Sometimes you have to do what the kids like if it is going to benefit them. When it comes to teaching kids about literature and different techniques they can use to get them to learn the information or more so do what you want them to, here I talk about three different strategies that the kids would love and it will keep them wanting to read more and more. Drawing pictures that they like out of the book they read have the kids read a book that is good for them that will teach them a lot of things. When it come to little kids doing book reports they do not get into so much, kids get a little bored with book reports. I know when I was younger I didn’t like doing them because I didn’t like to write stories about anything cause it was too long. Drawing pictures about different things they read in the book and make their own story out of it would be great for kids so young. Kids love to color and draw pictures of things so this project will be no problem for them. Even if two to three kids wanted to get together and do a booklet or even a poster board would be good to, because the kids get together and communicate amongst themselves. The...
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...The Monkey’s Paw Stephen Croman Strayer University Professor Marshall ENG115 July 15th, 2016 The Monkey’s Paw “The Monkey’s Paw” by W. W. Jacobs is a short story in which the White family obtains the monkey’s paw, which is a supposed magical talisman, by a family friend in which the possessor acquires three wishes. However, with these wishes come consequences. Before obtaining the talisman their family friend, Sargent-Major Morris, told the family how he received it from the previous owner when they used their last wish for death. He also warned them of the mischief it caused by his wishes. He then threw the talisman into the fire in which Mr. White retrieved it. Against his better judgment, Sargent Morris fearfully instructed Mr. White how to make the wishes and to heed his warning about the supposed consequences. After a suggestion by his son, Mr. White wishes for money to pay off the house, the money comes from the company that his son worked for because he passed away in a horrible accident at work when he got caught in the machinery. A few days later a distraught Mrs. White wants Mr. White to wish him back to life, which he reluctantly does. Later in the night there is a knocking on the door and Mrs. White races to answer the door believing it is her son. As Mrs. White frantically tries to unlock the door, Mr. White fears that it is not his son at the door and uses his last wish to wish his son back to his final resting place. The knocking stops just as Mrs. White...
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...of renewed ground fighting. Every effort should be made to achieve a cease-fire right now in Western Upper Nile. It would bring respite to thousands of people if a component of any such cease-fire was a removal of the iniquitous Flight Bans which just deprive hungry people of the food they need. Operation Lifeline Sudan is ready to assume the risks of operating when conditions are less than optimal;the GOS is wrong to hide behind concerns for their safety in applying these bans,and not only Canada but also Talisman and its oil partners should now put their influence behind efforts to have the bans removed, but it is best that this be done in the context of the needed cease-fire in Western Upper Nile/Unity State. And this cease-fire should be monitored by the international community through the use of monitors on the ground, among other means, particularly at the airstrips used by the oil companies, at Heglig, Rubkona, and Bentiu. A cease-fire which Talisman, either witnessing or acquiescing in the use of Heglig airstrip for military purposes, should be very firm in advocating and ready to pay a price for,perhaps in the form of foregone revenues. The gunships and Antonovs have taken off from Heglig with their payloads of death and displacement. That this never again occur should be the goal of all concerned; but why not seek to have the gunships and Antonovs grounded, not relocated? Oil Money There are only two ways of neutralizing the negative impact of oil. One...
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...Beowulf’s ultimate task is when he takes on the Dragon with his ally Wiglaf. Although people doubted him, he completed the task and was the hero. Achilles ultimate task was to defeat Hector, champion of Troy, who also killed Achilles cousin Patroclus. Achilles approaches the situation with no fear, defeating hector, then dragging his dead body by a chariot around the walls of Troy. They both achieve victory in their tasks which contributes to their Hero character also. McDonald 3 In conclusion, Beowulf and Achilles attain a lot of similarities in their adventures. They both show the hero-like structure or character that everyone likes about them. They both have allies/hepler’s and talisman that are with them on their journey’s. Finally, they both have a final difficult task that they must accomplish for their own desire, and for the people they care about the...
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...Brochure More information from http://www.researchandmarkets.com/reports/2699314/ Cairn Energy PLC Analysis Across the Oil and Gas Value Chain Report, 2013 Update Description: Cairn Energy PLC Analysis Across the Oil and Gas Value Chain Report, 2013 Update Summary "Cairn Energy PLC" Analysis Across the Oil and Gas Value Chain is an essential source for data, analysis and strategic insight into “Cairn Energy PLC”. The report provides key information relating to oil and gas assets of the company along with its operations across the value chain. The report examines the company’s business structure, operations and products, and provides an analysis of its key revenue lines. Scope - Provides information on length or historical production or capacity data on Company’s oil and gas assets across the value chain - Forecast capacity of major oil and gas assets to 2017 - Reports oil and gas assets of the company in different countries including operator and equity details for major oil and gas assets - Details on company’s business description, locations and subsidiaries as well as a list of products and services - Latest mergers and acquisitions, partnerships or financings of the company including debt, equity or venture finance. Note*: Some sections may be missing if data is unavailable for the company. Reasons to buy - Research your competitors business structure, strategy and prospects - Assess your competitor’s major energy assets and their historic and forecast...
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...The novel The Hobbit by J.R.R. Tolkien emphasizes how an ordinary person can develop into a hero. The reader is first introduced to Bilbo Baggins, the ordinary person who lives in Hobbiton. He is then joined by Gandalf who informs him, along with a group of dwarves, of a quest he needs to perform. Once Bilbo accepts this journey, he faces perilous creatures and challenges on his path to get to the Lonely Mountain. The challenges and creatures include trolls, a giant spider, and sorcerers, all of whom are defeated by Bilbo with the help of Gandalf. Furthermore, once his destination is reached, Bilbo must defeat the dragon Smaug to regain the Lonely Mountain and the gold that lies within. In conclusion, the connection to an archetype stems from...
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...Process Title Talisman Quality Donor System on Set-up Mobiles and Coaches 1.0 Purpose of Validation The purpose of this validation is to validate the Talisman Quality Donor System (QDS) upgraded release of 2.11. Initial validation of QDS was performed the following sites with operation dates listed: 1. RRVBC 6th Street site and has been in operation since June 18, 2007. 2. Perryville fixed site and has been in operation since August 27, 2007 3. Freeport fixed site and has been in operation since September 24, 2007 4. Mobile set-up/ Coaches have been in operation since April 1, 2008 This validation is being performed to ascertain that the systems upgrades function as expected at all sites of operation. 2.0 System Description We have validated the QDS system 2.03 and have an upgrade to that system which includes the following changes. 1. Question regarding xenotransplants and endoscopic exams with biopsy will be validated for visual display and audio quality. 2. Gender question will be asked and answered twice any inconsistency will stop the program and return to the beginning. 3. Travel history can now be edited even after record has been printed. 4. European countries list now includes the “Federal Republic of Yugoslavia”. 5. New version of Donor Consent. 3.0 Responsibilities Nancy McKinney, LPN is the Project Manager and will oversee the validation. The trainers assigned to the project, Larry Graham and Melissa Roush will perform the validation...
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...would attack. Since they fear about the spirits and the souls they always were trying to not offend them. The people has dances and ritual like haunting blessing to prevent the provoquing and offending the haunted animals spirits or souls that later on they were going to eat. In the community there was or is a very special person who contansly is in charge of dealing with the spirits and souls, but also he provided healing and advice in times of stress. This person is known as the Shaman (Angakkuq in Alaskan writing) which means that he is the central religious figure in traditional Inuit culture. He also could see and communicate with the spirits. He also has control over the spirits. He did this trough the power of talismans and amulets. Another believed of the Inupiaq community, but also another method of controlling and protecting against spirits/souls, mostly done by women is the tatto.Inupiaq people believed that the indelible mark served as both a protective shield and a sacrifice to the supernatural. The method of tattooing was: to pass a needle under the skin, and as soon as it was withdrawn, its course was followed by a thin piece of material that had been dipped in oil and rubbed in soot. There was a...
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...Demo Speech November 2, 2010 Topic: Magic square personal yantra Specific Purpose Statement: By the end of my speech, my audience will know how to make their own personal yantra by way of a magic square. Thesis Statement: Knowing your personal yantra is an interesting way to gain insights of your character and life’s path. I. Introduction A. Attention- Getter: Who hasn’t wondered, what is the purpose of life? 1. Who hasn’t thought to themselves, what will my life be like in the future? 2. Will I be happy? 3. What about my family and friends? 4. Have you ever wondered if you will be rich. B. Reason to Listen: Well what if I told you, there was an easy way to answer some of life’s most interesting questions. 1. That simple mathematically equations can decipher your fate. 2. That there is a reason why you are who you are. 3. A way to obtain your ideals about love, money and career. C. Credibility Statement: The ancient tradition of creating numerical yantras has been around for 5 thousand years. 1. I found numerous resources concerning numerology. a. Including Richard Webster’s Numerology Magic , that I got from the library. b. There are also plenty of websites dedicated to numerology. 2. I personally have created many yantras for my friends and family. D. Personal yantras are not only fun to construct, but perhaps can give a person some insight on the purpose of their lives. E. Today, I am going...
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...“Midnight’s Children” by Salman Rushdie Summary Analysis Shanell Smith Cappa Barry University “Midnight’s Children” by Salman Rushdie In the beginning of “Midnight’s Children”, within the chapter referred to as “The Perforated Sheet”, Salman Rushdie explains the importance of the time and date of his birth, which coincided with the “precise moment of India’s arrival at independence” (Salman Rushdie 2006) on August 15, 1947. Salman goes on to claim that his birth was the fate of the country, signifying his urgeobligation to tell his stories before his death, which he believes is soon. In the first paragraph, Salman Rushdie starts off with stating “once upon a time”, (Salman Rushdie 2006) which is generally a fairytale line. This seems to imply that Salman is delusional, or takes a telepathic entity where he is able to speak to the other “Midnight’s Children” in order to create a story for himself. Salman believes that he and the other “Midnight Children” are the fate of the country, and that their history is directly impacted by the country, as well as the country’s history being directly impacted by them. Salman uses a wide array of rhetorical devices throughout the first few pages of “Midnight’s Children” such as metaphor, analogy, and imagery. Salman uses “Midnight’s Children”, the title of the novel, as a metaphor. He is saying that the children that were born at the time of India’s independence, are in fact claimed by midnight and the country. Another example...
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