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Provincial Economics

Because there are no engineering or geological uncertainties in OilFinancier, success in OilFinancier comes from careful application of the provincial royalties, corporate taxes, and abandonment liabilities to determine value for each oil well.

Three provinces have created an investor-friendly approach. East Texas, Chicontepec, and Ghawar have lower royalty and tax rates and a higher CCE (capital cost expense). Bids for oil wells in these provinces should be higher than average.

Statfjord, Bolivar, and Mamontovskoye are more interested in extracting money for the government, and therefore have higher royalty and tax rates and a lower CCE. Bids for these oil wells should be lower than average.

Image coming soon.

All these financial parameters stay constant throughout the seminar. Governments in Atlantis will not change the rules.

 
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