Tonight not tonight pillow
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TONIGHT NOT TONIGHT PILLOW PROFESSIONAL
Here we address the problem of assessing the chance of geological success.įor exploratory prospects (including shallow pool, deeper pool, and extension wildcats, commonly managed by development geologists), the recommended procedure is for the geotechnical professional to express his or her confidence independently in four critical geological aspects of any prospect: Uncertainties impacting reserves, revenue, and costs addresses procedures for estimating reserves (the primary component of revenue) and costs (both of success as well as failure).
TONIGHT NOT TONIGHT PILLOW PLUS
For development ventures, some substantial additional capital investments may also occur, plus expense items that will have to be written off as well-expenditures that were needed to determine the viability of the project, such as several completed wells, equipment, materials, and supplies.Įvery expression in the expected value equation requires a responsible geotechnical estimate. In exploratory ventures, cost of failure usually includes dry hole cost, cost of lease bonuses of the condemned leases, and some G & G costs.
Obviously, when operators choose to participate in ventures having negative expected values, they are "betting against the House." Remember, one alternative is to invest in a risk-free project having some minimum return (net present value = 0 discounted at a risk-free interest rate). The expected value is the average profit per decision assuming repeated trials are made.įaced with choosing among several options, the decision rule is to select the option having the highest EV. Furthermore, the concept of expected value as a decision criterion requires repeated trials. It is important to emphasize that in oil and gas exploration, there are many possible outcomes.
In this example, there are only two possible outcomes and you are betting on one trial.
TONIGHT NOT TONIGHT PILLOW TRIAL
If you had to pay $10,000 each time you played, the EV would be zero, so that, statistically, you then would be "trading dollars." If you were willing to invest $8,000 in one trial of this game, the EV would be +$2,000 ( Table 1). If you were able to play such a game "for free," the expected value of each trial would be +$10,000. Table 1 Expected value examples (Coin Toss)ġ8,702 EUR estimated ultimately recoverableĩ,351 EUR estimated ultimately recoverableĤ,675.5 EUR estimated ultimately recoverableħ,480.8 EUR estimated ultimately recoverableġ1,221.2 EUR estimated ultimately recoverableĥ,610.6 EUR estimated ultimately recoverableģ,740.4 EUR estimated ultimately recoverableġ,870.2 EUR estimated ultimately recoverable If your call is correct, you will win $20,000 if it is incorrect, you will win nothing.
TONIGHT NOT TONIGHT PILLOW FREE
Thank you for visiting my shop! If you have any questions or concerns, please feel free to send me a message.Imagine that you have the opportunity to participate in a simple game in which you are asked to correctly call the toss of a fair coin. For this reason, I am unable to accept returns or offer an exchange unless there’s a defect in the item you’ve received. REFUND / RETURNS POLICY: All items are made to order. The pillow inserts shouldn’t be washed, bleached, tumble-dried, ironed, or dry-cleaned. You can iron them with a low heat setting.
Don’t dry-clean or tumble-dry the pillowcases. Prefect gift for: anniversary, bachelorette party, bridal shower, birthday, or a wedding.Ĭare Instructions: Pillowcases can be machine-washed without bleach on a cold cycle. Two sizes available: 18 x 18 inch square or 22 x 22 inch square ⬨ Machine-washable case (insert is handwash only) ⬨ 100% pre-shrunk polyester case with insert Looking for a funny gift for an transgender spouse-to-be? This NSFW Tonight, Not Tonight pillow is the perfect gift for a wedding party, bridal shower, or a fun-loving couple at their wedding.