The Board have asked you to prepare a detailed report evaluating the risks of the following alternative strategies that they are considering:

The Board have asked you to prepare a detailed report evaluating the risks of the following alternative strategies that they are considering:

The Board have asked you to prepare a detailed report evaluating the risks of the following alternative strategies that they are considering: The Development & Operation of a New Oil Platform in the North Sea costing approximately £315 million  The Merger or Acquisition of an Oil Refinery (Euro Refinery Plc.) located in Ireland approximately £320 millionThe Report should include: An Executive Summary An identification of the major risks of BOTH alternatives An assessment of the Volatility (Past 5 years & Forecast for the next 10 years) of: o Market Demand for Oilo Oil Prices o £/$ Exchange Rate o Crack Spread The Impact of the Volatility identified above on the Forecast Cashflow and the Proposed Merger or Acquisition Where appropriate, detailed strategies to Manage, (Reduce or Eliminate) the Risks identified

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