cima gbc 2015 作品.docx

Content1. Introduction 2. Terms of reference 3. Identification and prioritization of issues 4. Discussion of issues 4.1 License application results-YJs financial condition 4.2 LG farm out offer 4.3 Outsourcer-DrillT 4.4 YJs long time future5. Recommendations 5.1 License application results-YJs financial condition 5.2 LG farm out offer 5.3 Outsourcer-DrillT 5.4 YJs long time future6. Ethical issues 7. Other issues8. Conclusions AppendixAppendix1 PEST analysisAppendix2 SWOT analysisAppendix3 Porter five forces analysisAppendix4 YJ’s oil and gas production with AAA, BBB and CCC in year to 31 March 2015Appendix5 YJ’s Profit or Loss Statement,Statement of Financial Position and Statement of Changes in EquityAppendix6 Statement of Cash Flows1. IntroductionYJ is a UK company which was listed on AIM in January 2007 with an initial public offering (IPO) of US$60 million. The company’s strategy is to explore, appraise and develop into production its licensed oil and gas fields both safely and responsibly. To date, YJ has been successful in identifying and bringing into production three oil and gas fields. Corporate social responsibility (CSR) is central to the way in which YJ operates. Health, Safety and Environmental (HSE) issues are firmly placed at the top of YJ’s objectives. YJ wishes to ensure that it actively prepares for and manages the risks it faces in the hostile and difficult environments in which it operates. To date, YJ has not participated in either of the farm-in or farm-out possibilities. Alternatively, YJ may need to consider a farm-out arrangement for part of one or more licenses that it may be granted in the future.2. Teams of referenceThis report is to show the results of our analyses, to provide several solutions to the problems the company is facing and to give assessments on the proposals presented in the scenario.3. Identification and prioritization of issuesPriority1 License application results-YJs financial conditionYJ comp