Essays on Athabasca Oil Sands Acquisition Project Case Study

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The paper "Athabasca Oil Sands Acquisition Project " is a good example of a management case study. This report makes a critical analysis of the Athabasca oil sands acquisition project and its successful completion and implementation. The project involves the acquisition of oil deposits by Canadian Naturals company ltd from the current owner of the sands deposits The Shell. This project was aimed to expand the operation and increase the profitability of Canadian Natural by acquiring new long term investments. It cost the Canadian Natural about US$12.59 to its completion. The key stakeholders of the project involved the client company-the Canadian Naturals Company and The Shell.

Other stakeholders included the shareholders, competitors, customers, the governments involved and the general public. The project management teams were also part of the stakeholders. From the analysis, the project was managed through proper coordination between the project management teams of the company two companies. The project management team involved carried out proper planning and ensured cooperation and communication were efficient between the parties in order to fasten the transaction. A critical analysis of the project indicates that the project was successful owing to the fact that the management team had vast experience in the management of projects pertaining to acquisition projects.

There was also smooth cooperation and coordination between the two parties in fulfilling their duties pertaining to the accomplishment of the project (Devaux, 2011). Introduction Athabasca oil sands project acquisition is a recent project that involved in the acquisition of oil sands deposits from the owner company in order to increase the stake of the client company by increasing its investments. The client company- the Canadian Naturals company deals with the extraction of natural deposits and minerals such as crude oil and natural gas as well as refining the crude oil for sale.

This project involved a mere transfer of ownership of the mines from Shell to the Canadian Naturals company. This project was completed in March 2017 at a total consideration of $12.59 dollars. The objective of the project was to acquire transformational as well as leverage the strengths of Canadian Natural and Shell. The aim was to acquire more rights in the oil sands deposits to enhance the profitability of the client organization.

This was made possible through the acquisition of a constant supply of raw materials for manufacturing products. The project was also aimed at strengthening the metrics of the balance sheet in order to increase the profitability of the organization. When the balance sheet metrics are strong the image of the organization improves and therefore enabling the organization to gain a competitive advantage over other organizations in the same industry. This also improved and enhances the reputation of the company making it acquire more rights and more investments in future (Culp et al, 2008). Another aim of the project as analyzed in this report was to strengthen the Canadian Naturals robustness and sustainability in order to enhance the strategies in place for achieving the objectives of the organization.

The project also targeted the unlocking the upside synergy opportunities and open up the area for more investment to take place. With these objectives, the team had to input a lot of commitment to strengthening the stability of the project to ensure its success (Eisner, 2009).

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