Build a cash flow model (using Excel Microsoft office) based on the field production profile and justify
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Question:
Build a cash flow model (using Excel Microsoft office) based on the field production profile and justify the profitability of project for the following scenario. In 2004 Petro-Canada acquired 30% equity interest in the Russell field for US$ 840 million. Appraise the Russell field at 2004 and determine whether or not the price Petro-Canada paid for its 30% share of the project represents a real rate of return of more than 15%. 30 Marks
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