1) What does it mean for Chevron to be the project operator? Reflect upon and discuss some issues and conflicts that may arise between an operator of project and its partners.

2) What is the difference between horizontal production wells and vertical injection wells? What are injection wells and what are they used for?

3) Oil from the project is expected to be discounted at 10%-15% relative to WTI. What does that mean? And for what possible reasons will the oil be discounted?

4) The case involves the services of 10 contractors for the development of the project. Reflect upon and discuss the pros and cons of involving this many contractors

5) In the controversy about development between the Brazilian government, Chevron's geologists and Mr. Moshiri, reflect upon and discuss the possible motives for each side's position.

6) Overall and in general, highlight the main activities needed to complete development of an oil project and then try to think of and describe some issues and difficulties that may arise during development.