Yangarra Resources Limited (Yangarra), Calgary-based junior oil and gas company, had several properties throughout Alberta Soleil includes both controlled and joint ventures. President and Chief Executive Officer (CEO) participated in the construction and property Ferrier, a joint venture between the three companies, each holding about one-third of the shares. Under the joint venture agreement, Yangarra signed an agreement committing Yangarra to cover all costs in proportion to its share of workers 31.875 percent. There have also been drilled, but at a higher price than expected with more charges have not been incurred or charged. As a result of cost overruns, Yangarra been asked to provide additional funding for the project. When making the decision to allocate additional resources to the Blacksmith good general manager should consider several factors, including the existing gross revenue royalty main (Gorr) agreement, the uncertainty in the assessment of recoverable quantities of oil, Crown royalties and ongoing legal dispute. "Hide
by Peter C. Bell, Grant Evaskevich, Dean Leesui, Katherine von Maydell, Sachin Gupta Source: Richard Ivey School of Business Foundation 3 pages. Publication Date: February 16, 2011. Prod. #: W11078-PDF-ENG
Related Case Solutions & Analyses:
Staffing Wal-Mart Stores Inc. (A)
Porsche Canada: Selling Winter Driving
De Kuyper Royal Distillers: Three Centuries of Succession
HTC Corporation: Smartphone Pioneer From Taiwan
Fabric Super-Store (C)
Organizational Culture Values and Fit in the Workplace: Making the Right Job Choices
Coaching for Exceptional Performance Workshop: Associate Capital Markets Robert Woo
Coaching for Exceptional Performance Workshop: Senior Associate Capital Markets Chen Jia Wei
Citigroup in Post-WTO China (B)
American Cyanamid
