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000-232 - pSeries Administration and Support for AIX 5L V5.2 - Dump Information

Vendor : IBM
Exam Code : 000-232
Exam Name : pSeries Administration and Support for AIX 5L V5.2
Questions and Answers : 184 Q & A
Updated On : March 20, 2018
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000-232 Questions and Answers

000-232 pSeries Administration and Support for AIX 5L V5.2

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IBM pSeries Administration and

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Oracle CEO glosses over bad quarter by lashing out at competitors | killexams.com real questions with brain dumps

Oracle didn't meet expectations when it printed second fiscal quarter income on Tuesday afternoon. for that reason, CEO Larry Ellison and business mentioned a number of other topics throughout the business's quarterly conference name to detract from the negative information.

For starters, Ellison proceeded to do some of the many things that he does most reliable: speak trash about opponents.

See additionally: Oracle's Q2 falls brief, hardware income slides

the first company on Ellison's dartboard is IBM over an advertising kerfuffle between Oracle's Exadata and Exalogic systems and IBM's P series machines.

Ellison argued that Oracle's items bring "tons better efficiency than IBM's quickest P sequence computers."

Amway purchased two Exalogic systems, changing IBM on P series machines. The e-company suite, the Oracle e-business suite ran 12 instances quicker on the Exalogic machines than on the IBM P series. Their custom (it's Amway's customized OLTP applications), that have been solo java functions, ran 10 instances faster than on IBM P series machines.

i know IBM's operating a lot of advertisements announcing they run quicker; that their machines run sooner than ours. however i might love to see their customer references as a result of we have not considered one. we have viewed lots of ads -- no customer references. we've a great deal and a lot of client references. We're changing P collection and working an awful lot quicker than IBM. i might like to see one from IBM. Hyundai Kia Motor business purchased an Exalogic device. this is a primary win at an account it's been a loyal IBM client for greater than 20 years.

Of path, Ellison didn't cease there and proceeded to tackle SAP's Hana product:

We gained four SAP customers, moved their facts onto Exadata to run their SAP ERP techniques, and we're seeing large performance positive factors as they move off conventional servers. as a minimum a kind of deals turned into aggressive towards SAP's Hana product.

He persevered all through the Q&A component of the name:

there have been a sequence of benchmarks at a consumer the place they compared Hana, SAP's in-memory analytical database, and they in comparison the efficiency of that in opposition t simply our Exadata database computing device and Exadata become quicker, which I suppose surprised a lot of people because Exadata isn't what we line up towards Hana...So we're pretty assured that Exadata can beat Hana.

both Ellison and Oracle president Mark Hurd also used the call as a chance to promote the pipeline and its famous client base as selling aspects to traders.

The meals and Drug Administration, the tuition of Melbourne, and "very big American smartphone  manufacturer" were all highlighted as Oracle shoppers.


Single IBM eServer pSeries runs 4 Oceana companies concurrently | killexams.com real questions with brain dumps

With the departure of DataSoft software from the market, Federal Marine and Oceana Operations of the Oceana neighborhood decided to run its company tactics on a single IBM eServer pSeries concurrently working JD Edwards business aid management application, an Oracle database and IBM's WebSphere software.

Federal Marine manages the new system and shares it with St Helena Bay Fishing, Lambert's Bay Fishing and South African Sea products.

Federal Marine and Oceana Operations IT supervisor, grant Stevenson, stated that reliability, compatibility and ease of use have been priorities for the brand new gadget.

"Federal Marine is an FMCG enterprise promoting most canned pilchards. Our main company, lucky big name, has seventy five% of the canned pilchard market in SA - moving 500 000 cans a day.

"We quite simply can not have system downtime impeding retention of our share of the market."

St Helena Bay Fishing, Lambert's Bay Fishing and South African Sea items are all manufacturers and should use the brand new device for administration, plant preservation and human supplies.

The organizations' usual business useful resource planning (ERP) software, DataSoft's Compact, ran on two RS 6000 servers, one for Federal Marine and one for the different three organizations.

With Compact being phased out, Stevenson took the opportunity to centralise and consolidate utility and hardware to cut back administration and total charge of ownership.

Working with consultants, Deloitte & Touche energetic era, he did wide foreign analysis to pinpoint premier configurations.

He selected an open platform within the form of IBM's AIX edition of Unix.

"there is no down time with AIX," he says. "And we double-banked by way of building a good deal of fault-tolerance into the pSeries.

"also, AIX's work load manager lets you break up server components among utility add-ons.

"that could support us achieve our goal of running the entire functions on one laptop."

lively period had advised JD Edwards to change Compact, enabling a choice of networking the four organizations by way of both thin client or a web browser.

For element-and-click ease of use and because of the high variety of users in far flung areas where guide is complex, Stevenson opted for an internet browser.

JD Edwards counseled IBM's internet-enablement middleware, WebSphere, which is tightly built-in into JD Edwards' own products and, says Hannelie Pienaar, energetic era's new enterprise building supervisor, "an outstanding product".

however analysis had grew to become up no precedent for putting Oracle, JD Edwards and WebSphere on a single container.

To prevail, a really potent server in a position to separate processing vigor would be needed, so that web site visitors would not drain vigor far from JD Edwards or Oracle.

The pSeries, a six-way machine, grew to become the only serious choice - with aggressive pricing from IBM easing the migration of Federal Marine and Oceana Operations to their new, greater hardware-intensive functions.

"additionally, the pSeries, AIX and WebSphere are all IBM items, so we now have the compatibility we wanted," observed Stevenson.

Charles Griss from Dot The I systems Integration, the IBM company partner liable for the AIX installation, believes that the pSeries will operate without difficulty for up to 5 years.

"it's a really superb box. The handiest changes down the road could be some further disk capability and memory."

Griss is presenting assist on the brand new computing device with an emphasis on optimising the performance of the SSA disk sub-system.

The sizing, configuration and installing of the pSeries took best three months.

"Working that without delay become rather a challenge as a result of we were plugging into an latest, live system, with the entire security and balance issues that that entails," spoke of IBM SA's Mervyn Naicker.

lively period's Pienaar believes that the mixture of JD Edwards, WebSphere and Oracle on one pSeries will develop into a local and foreign benchmark.

"additionally, there don't seem to be many mixtures of AIX and JD Edwards in SA.

"So, the Federal Marine and Oceana Operations installation is of pastime to everybody involved in enterprise know-how."

Editorial contacts

IBM South AfricaMervyn NaickerClient government(011) 302 7350This e-mail handle is being included from spambots, you need JavaScript enabled to view it

Sefin MarketingDominique Brooks(011) 886 1575This e-mail address is being protected from spambots, you want JavaScript enabled to view it

grant StevensonFederal Marine & Oceana Operations IT supervisor(021) 415 8500This e mail tackle is being included from spambots, you want JavaScript enabled to view it


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Rice, IBM accomplice to build Texas’ first Blue Gene supercomputer | killexams.com real questions with brain dumps

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Rice, IBM associate to construct Texas’ first Blue Gene supercomputer

Rice, IBM accomplice to build Texas’ first Blue Gene supercomputer

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Rice college and IBM nowadays have announced a partnership to construct the primary award-successful IBM Blue Gene supercomputer in Texas. Rice also announced a linked collaboration contract with the tuition of Sao Paulo in Brazil to initiate the shared administration and use of the Blue Gene supercomputer, which makes it possible for both associations to share the advantages of the brand new computing useful resource.

Rice school will use the Blue Gene to further their personal research and to collaborate with educational and business companions on a large latitude of science and engineering questions involving energy, geophysics, basic lifestyles sciences, cancer research, customized medicine and extra.

The collaborative contract securing Brazil's share of time on Rice's Blue Gene turned into signed in Sao Paulo March 27 via a delegation that covered Rice President David Leebron and USP President João Grandino Rodas. Leebron is touring with a delegation led via Houston Mayor Annise Parker. The delegation comprises Rice Provost George McLendon, improved Houston Partnership (GHP) President and CEO Jeff Moseley and other GHP members.

"Collaboration and partnership have a different place in Rice's historical past as a pre-eminent research institution, and it is becoming that Rice begins its 2nd century with two resourceful partnerships that highlight the school's commitments to expanding our foreign reach, strengthening our research and constructing greater ties with our domestic city," Leebron spoke of.

USP is Brazil's greatest institution of greater education and analysis, and Rodas talked about the settlement represents an important bond between Rice and USP. "The joint utilization of the supercomputer by means of Rice university and USP, tons more than a simple sharing of excessive-tech equipment, capability the energy of a very good partnership between both universities," he stated.

Mayor Parker, a 1978 Rice alumna, noted, "When i was at Rice, it seemed inward. today it appears outward through this contract. It strengthens now not handiest Rice school but additionally the metropolis of Houston."

Rice's new P sequence Blue Gene supercomputer, which has yet to be named, is slated to become operational in can also. it's according to IBM's power processor expertise, which changed into developed partly at the enterprise's Austin, Texas labs. Rice and IBM shared the cost of the gadget.

"high-performance computer systems just like the IBM Blue Gene/P are important in practically every self-discipline of science and engineering, and we are grateful for IBM's assist in bringing this aid to Rice," McLendon pointed out. "For individual faculty, the supercomputer will open the door to new areas of research. The Blue Gene additionally opens doorways for Rice as the college seeks to set up institutional relationships both in our home city and with crucial international companions like USP."

not like the normal desktop or desktop computing device, which have a single microprocessor, supercomputers usually comprise thousands of processors. This makes them ultimate for scientists who study complicated problems, as a result of jobs may also be divided among the entire processors and run in a remember of seconds rather than weeks or months. Supercomputers are used to simulate things that can't be reproduced in a laboratory -- like Earth's climate or the collision of galaxies -- and to examine immense databases like those used to map underground oil reservoirs or to strengthen customized medical cures.

USP officials mentioned they expect their school to make use of the supercomputer for research starting from astronomy and weather prediction to particle physics and biotechnology.

"This significant funding by means of IBM is the outcome of an extended-standing collaborative initiative with Rice where collectively we have developed a unique and giant computational useful resource for the research neighborhood in Houston, throughout the nation and around the world," noted Tony Befi, IBM senior state govt for Texas. "This new computing potential will pace the hunt for new sources of power, new methods of maximizing current energy sources, new cancer medication and new routes to personalized medicine. So we're excited that Rice has now joined an unique membership of the realm's good research agencies who use effective and energy-productive Blue Gene supercomputers to solve one of the world's most urgent problems."

In 2009, President Obama diagnosed IBM and its Blue Gene family unit of supercomputers with the countrywide Medal of technology and Innovation, probably the most prestigious award in the u.s. given to main innovators for technological fulfillment.

together with the Blue Gene/P, Rice has partnered with IBM to launch three new supercomputers all through the past two years that have greater than quadrupled Rice's excessive-performance computing capabilities. The addition of the Blue Gene/P doubles the variety of supercomputing CPU hours that Rice can offer. The six-rack gadget includes pretty much 25,000 processor cores which are capable of conducting about eighty four trillion mathematical computations each and every 2nd. When absolutely operational, the device is expected to rank among the many world's 300 quickest supercomputers as measured with the aid of the TOP500 supercomputer rankings.

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000-232 Certification Brain Dumps Source : pSeries Administration and Support for AIX 5L V5.2

Test Code : 000-232
Test Name : pSeries Administration and Support for AIX 5L V5.2
Vendor Name : IBM
Q&A : 184 Real Test Questions/Answers

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US weekly requests for jobless aid down 12,000 to 232,000 | killexams.com real questions with brain dumps

WASHINGTON (AP) - Fewer americans utilized for jobless assist ultimate week, as the number of individuals in quest of merits remained near historic lows.

THE NUMBERS: Weekly unemployment functions fell via 12,000 to a seasonally-adjusted 232,000, the Labor branch stated Thursday. The less volatile four-week standard slipped 500 to 240,500. The number of individuals amassing unemployment advantages has fallen 9 % over the past three hundred and sixty five days to 1.9 million.

THE TAKEAWAY: The job market appears solid because the U.S. enters its ninth yr of restoration from the super Recession. Employers are holding onto worker's with the expectation that company will continue to enhance. Jobless claims, which intently song layoffs, have are available in beneath 300,000 for 128 weeks in a row. that's the longest such stretch considering 1970, when the U.S. population changed into a lot smaller.

FILE - during this may additionally 30, 2013, file photograph, job seekers line up to confer with recruiters throughout a job reasonable held in Atlanta. On Thursday, Aug. 17, 2017, the Labor branch stories on the variety of people who utilized for unemployment advantages per week previous. (AP photo/John Amis, File)

The unemployment cost has fallen to a sixteen-yr low of 4.3 percent. The government's record for July confirmed that U.S. employers brought 209,000 jobs. extra american citizens have been coming off the sidelines and finding jobs.

KEY DRIVERS: The economic climate revved up this spring after a susceptible start to the 12 months, fueled by using a surge in buyer spending. The executive reported remaining week that growth in the gross domestic product, the economic climate's total output of goods and capabilities, accelerated at a 2.6 percent annual expense in the April-June quarter. that's more than double the revised 1.2 p.c within the first quarter.

This yr, the economic climate is expected to grow at roughly 2 p.c. that might be roughly in accordance with annual gains all through the restoration. constant hiring has helped preserve the gradual healing, youngsters the expansion is beginning to demonstrate its age because the tempo of job positive factors has slowed this yr.

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Mariners, Libby dwell alive at State A Legion | killexams.com real questions with brain dumps

wonderful FALLS – The Mission Valley Mariners and Libby Loggers kept their seasons alive on Friday on the State A American Legion baseball tournament.

The Mariners clocked the Vauxhall Spurs, a crew from Alberta, 15-0 within the first video game of the day at Centene Stadium.

The Loggers followed with a 19-eight win over the host remarkable Falls Electrics in the 2d elimination online game of the day.

Libby plays at 12:30 p.m. on Saturday towards Gallatin Valley.

Mission Valley plays the loser of the Belgrade-Laurel contest in one more loser-out online game at four p.m. Saturday.

The undefeated online game is scheduled for 7:30 p.m.

Mission Valley 15, Vauxhall 0

Justin Evertz tossed a one-hitter to lead the M’s over the Spurs in a contest that become shortened via the 10-run margin rule.

Evertz was pretty much flawless via seven innings, mind-blowing out a whopping 12 batters, while walking four.

Zeke Webster-Yaqui became 3 for 4 with three runs batted in to steer Mission Valley, which misplaced four-3 in Thursday’s opener.

additionally, Robert Gauthier and Bradley Pichler every drove in a pair of runs because the M’s tallied 13 hits.

Kaden Odland obtained the best hit for Vauxhall, which made eight errors.

Vauxhall 000 000 0 – 0 1 eight

Mission V. 313 431 x – 15 13 0

Dustin Conquergood, Brody Knouse and Colyn Cleland. Justin Evertz and Jack Humphreys. W – Evertz. L – Conquergood.

VAUXHALL – Braden Ohashi, 0-2, Jason Wong 0-2, Brandon Fehr 0-1, Caleb Zsednal, 0-1, Conquergood 0-1, Kaden Odland 1-3, Cleland 0-three, Adam Kress 0-2, Matt Perin 0-2, Brody Knouse 0-1, Chris Hermann 0-2.

MISSION VALLEY – Evertz 0-2, Ezeki Webster-Yaqui 3-four, Robert Gauthier 1-3, Chris Clary 1-4, Jacob young 2-three, Humphreys 2-3, Brad Pichler 1-three, Cole McArthur 1-four, Dalton Molzhon 2-3.

2B – Gauthier, Humphreys. 3B – Webster-Yaqui. RBIs – Webster-Yaqui 3, Gauthier 2, Clary, younger, Humphreys, Pichler 2.

Nicholas Robertson turned into three for three with 4 runs batted in to elevate Libby over brilliant Falls in a loser-out game that lasted just seven innings.

Josh Foote added a three-for-5, three-RBI effort for the Loggers, whereas Micah Germany changed into 1 for four with three RBIs and four runs scored.

Will Reichel pitched the total game for Libby, giving up seven earned runs on eight hits. He struck out four and walked 5.

Reichel also had two hits and an RBI.

Libby 202 092 4 – 19 15 1

G. Falls 000 232 1 – 8 8 four

Will Reichel and Oliver Grupenhoff. Quade Hamrell, Zach Conway (5), Billy Ivers (5) and Lucas Poitra. W – Reichel. L – Hamrell.

LIBBY – Luke Haggerty 1-3, Reichel 2-four, Jared Winslow 1-4, Micah Germany 1-four, Grupenhoff 1-5, Nicholas Robertson three-3, Andrew Haggerty 1-4, Josh Foote three-5, Cameron Burkes 2-3, Issak Jones 0-2.

incredible FALLS – Austin Kinaman 1-3, Elijah Collins 0-four, Poitra 0-3, Erik Willis 1-3, Colton Philp 3-3 Brandon Mountan 0-2, Matt Garcia 0-2, Ivers 0-3, Quest Fellows 2-3, Ryan O’Connell 1-2, Hamrell 0-0, Zach Conway 0-0.

2B – Philp. 3B – Kinaman, Philip. RBIs – L. Haggerty, Reichel, Winslow, Germany 3, Robertson 4, A. Haggerty 2, Foote three, Burkes; Kinaman 2, Collins, Philip, Ivers, Fellows.

Glasgow three, Gallatin Valley 2

Andy Gardner allowed only one earned run in eight innings on the mound for the Reds in their win over the Outlaws.

Jonathan Koessl pitched a scoreless ninth for the keep.

Gardner also had a pair of hits and an RBI.

10-Q: DUNE energy INC | killexams.com real questions with brain dumps

(EDGAR on-line by way of COMTEX) -- item 2. administration's dialogue and evaluation of monetary circumstance and results of Operations

right here discussion will support in the understanding of our monetary place, liquidity and effects of operations. The information under may still be examine together with the consolidated monetary statements, the related notes to consolidated economic statements and our Annual file on form 10-ok for the 12 months ended December 31, 2013. Our discussion includes each historic and ahead-looking guidance. We investigate the hazards and uncertainties about our enterprise, lengthy-time period method and monetary situation earlier than we make any ahead-looking statements but we cannot guarantee that our evaluation is accurate or that our dreams and projections can or should be met. Statements regarding consequences of future exploration, exploitation, development and acquisition expenditures in addition to earnings, rate and reserve tiers are forward-looking statements. We make assumptions about commodity costs, drilling consequences, production fees, administrative fees and hobby charges that we consider are good value in accordance with at present available information.

Our fundamental focus will continue to be the construction and exploration efforts in our Gulf Coast homes. We trust that our acreage place will enable us to develop organically via low-risk drilling in the close time period, as this property set continues to latest attractive opportunities to extend our reserve base through workovers and recompletions, field extensions, delineating deeper formations within current fields and higher possibility/larger reward exploratory drilling. furthermore, we can invariably review, rationalize and "high-grade" our residences with a purpose to optimize our existing asset base.

Our strategy is to raise our oil and herbal gasoline reserves and construction whereas preserving our discovering and development fees and working expenses (on a per Mcfe basis) competitive with our industry friends. We expect to put in force this approach via drilling exploratory and construction wells from our inventory of available possibilities that we've evaluated for geologic and mechanical chance and future reserve or useful resource abilities. Our drilling application will comprise some bigger chance/higher reserve talents alternatives in addition to some lessen possibility/reduce reserve potential alternatives in order to obtain a balanced software of reserve and production boom. Success of this method is contingent on quite a lot of possibility components, as extra mentioned in our Annual record on form 10-ok for the 12 months ended December 31, 2013.

We predict to hold and make the most of our technical and operations groups' expertise of salt-dome structures and numerous stacked producing zones average in the Gulf Coast to enhance our growth possibilities and reserve abilities. We predict to make use of technical developments, including three-D seismic records, pre-stack depth migration and directional drilling, to establish and exploit new alternatives in our asset base. We also plan to employ the latest drilling and completion technology in all of our wells to enhance recoverability and speed up money flows linked to these wells.

We continuously overview opportunities to purchase producing residences, leasehold acreage and drilling potentialities that are in core operating areas and require a minimum of initial upfront capital. We are searching for to acquire operational handle of houses that we believe have a superb proved reserve base coupled with tremendous exploitation and exploration abilities. we are able to consider acquisition opportunities that we believe will extra enhance our operations and reserves in a cost helpful method.

The implementation of our strategy requires that we invariably incur enormous capital expenditures in order to substitute present creation and find and strengthen new oil and gas reserves. to be able to finance our capital and exploration program, we depend upon cash stream from operations, financial institution debt and fairness choices as mentioned under in "Liquidity and Capital supplies." We expect to have vast capital needs on account of our exploration and building program. without additional capital resources, we may be compelled to limit our deliberate capital expenditure software.

Liquidity and Capital components

all over the first three months of 2014 compared to the primary three months of 2013, net money stream used in operating activities reflected a lessen of $13.3 million to $four.four million. This reduce primarily results from a reduction of debts payable and accumulated liabilities of $7.6 million and an increase in prepayments and other assets of $5.7 million.

Our current assets had been $sixteen.7 million on March 31, 2014. money available comprised about $3.four million of this amount. This compared to $3.3 million in cash at December 31, 2013 and $12.2 million at the end of the primary quarter of 2013. bills payable have decreased from $10.1 million at December 31, 2013 to $6.5 million at March 31, 2014. accounts payable were $15.four million at March 31, 2013. This decrease in payables reflects the have an effect on of reduced capital spending in the first quarter of 2014.

Our capital investments and exploration prices yr-to-date reflect our ongoing drilling and amenities improve software which amounted to $eight.three million during the first three months of 2014, down from $19.2 million spent throughout the equal period of 2013. The diminished spending mirrored efforts to steadiness our capital program to our liquidity. We expect to spend approximately $forty three million (including dry-hole fees) throughout the last 9 months of 2014 on continuing development, exploitation and exploration linked to high advantage alternatives inside our asset base. in response to this plan, the capital investments and exploration prices for the 12 months would total about $51 million. this would signify a $2 million increase over our $forty nine million of capital investment and exploration fees in 2013. youngsters, this expected capital funding may well be decreased or improved reckoning on obtainable cash stream. because we operate the vast majority of our houses, we can handle to a point the timing of expenses. Our capital program is designed to retain construction from recompletions and workovers within our fields and utterly improve both present PUD locations and consider potential box extension wells through three way partnership classes. This strategy now and again contains business partners in these efforts to be able to in the reduction of our upfront cash requirements and greenbacks expended.

Our primary sources of liquidity are cash provided by using working activities, debt financing, earnings of non-core homes and entry to capital markets. the overall Debt to EBITDAX covenant in our present revolving credit score contract controls entry to the "undrawn" quantity of borrowing availability from quarter to quarter and is in response to the trailing 12 month complete. due to this fact, any given month within the 12 month calculation period, akin to that skilled all the way through the first two months of 2013, will have a lingering impact on future quarterly EBITDAX determinations until these months are not any longer blanketed. For the primary quarter of 2014, the EBITDAX covenant stipulates that the ratio of total Debt to EBITDAX be lower than 5.0 to 1.0. On June 30, 2014, and thereafter, the ratio of complete Debt to EBITDAX should be under 4.0 to 1.0. Any operational delays or disasters that influence expected construction volumes or timing may additionally have an antagonistic impact on our potential to fulfill this calculation. We display screen our monetary development very carefully and attempt to modify our accessible tasks with the intention to meet all the covenants of the credit score contract. notwithstanding these efforts, our future revolver availability is additionally pushed via the volume of Floating fee Senior Secured Notes (the "Notes") fantastic, as they're a part of the EBITDAX covenant calculation used to verify our borrowing restrict under the revolver. because of the PIK function contained in the Notes, the amount staggering has increased over time and, hence, decreased the borrowing availability. it's anticipated that there should be no availability left on the conclusion of the 2nd quarter of this 12 months except a fabric element of those Notes are restructured into a non-debt protection. administration is at the moment in discussions with the holders of the Notes during this regard. If unsuccessful, the business would be required to either request a different waiver to the EBITDAX covenant from the revolver banks or are seeking a new senior, secured credit facility.

The accurate volume of capital spending for 2014 will depend on individual smartly efficiency outcomes, money circulation, availability and scheduling of drilling operations and, where applicable, partner negotiations on the timing of drilling operations. currently, we predict that a significant portion of our first half of 2014 budget can be dedicated to our Leeville field. should our partners make a decision to pursue a drilling agenda that is more aggressive than at the moment presumed, the resulting AFE's for our share of the bills may additionally drive us to either forfeit our pastime in future courses or delay our drilling recreation at backyard Island Bay. in the meantime, we are concentrated on a total capital funds of about $50 to $fifty two million in calendar yr 2014. The less formidable target is decided as a way to ensure that the business stays within the covenant restrictions of our credit agreement the place we've opportunities to enhance creation volumes for distinctly low typical investments. As at all times, positive aspects in production volumes will enormously pressure EBITDAX raises, which should still then deliver for extended borrowing availability under our revolver.

Our working money flows, both in the brief-time period and long-time period, are impacted with the aid of incredibly volatile oil and herbal gas fees. significant deterioration in commodity fees negatively impacts our revenues, income and money flows, and our liquidity if spending does not vogue downward as neatly. sales volumes and costs additionally have an impact on cash flows. Our long-time period operating money flows are stylish on reserve substitute and the stage of costs required for ongoing operations. Our business, as with other extractive industries, is a depleting one which each barrel produced have to be replaced or the company and its reserves, a crucial supply of future liquidity, will cut back. cash investments are required to fund recreation vital to offset the inherent declines in production and proved crude oil and herbal gas reserves. Future success in preserving and transforming into reserves and production is extremely elegant on the success of our exploration and construction actions and our skill to acquire additional reserves at cost-efficient charges.

effects of Operations

year-over-12 months creation multiplied somewhat from 972 Mmcfe for the first three months of 2013 to 980 Mmcfe for a similar three month period of 2014. This increase displays extra construction in the garden Island Bay and Leeville fields which helped offset common reservoir declines. here desk displays the increase (reduce) in oil and gasoline revenue profits between the primary quarter of 2013 and 2014 due to adjustments in expense and construction volumes:

% increase 2014 (decrease) 2013 Oil creation extent (Mbbls) 98 1 % ninety seven Oil income profits ($000) $ 9,914 -7 % $ 10,674 price per Bbl $ one zero one.sixteen -eight % $ a hundred and ten.04 enhance (reduce) in oil revenue revenue as a result of: trade in construction quantity ($000) $ 110 change in expenses ($000) (870 ) complete increase (lessen) in oil revenue income $ (760 ) fuel production extent (Mmcf) 392 1 % 390 gasoline earnings salary ($000) $ 2,075 forty three % $ 1,447 price per Mcf $ 5.29 forty three % $ three.seventy one raise (reduce) in gasoline income salary as a result of: trade in creation extent ($000) $ 7 change in costs ($000) 621 complete boost (reduce) in gasoline earnings salary $ 628 total creation quantity (Mmcfe) 980 1 % 972 total earnings ($000) $ eleven,989 -1 % $ 12,121 price per Mcfe $ 12.23 -2 % $ 12.47 enhance (reduce) in salary due to: change in production volume ($000) $ a hundred trade in expenditures ($000) (232 ) total enhance (reduce) in total salary $ (132 )

We recorded a web loss for the three months ended March 31, 2014 of ($2.5 million) or ($0.03) loss per share compared to web lack of ($three.2 million) or ($0.05) loss per share for a similar quarter of 2013. The lower in loss amounted to $0.7 million for the quarter.


Oil and fuel Revenues

Oil and gas revenues for the quarter ended March 31, 2014 totaled $12.0 million in comparison to $12.1 million for the quarter ended March 31, 2013 representing a $0.1 million lessen. construction volumes for the first quarter of 2014 had been 98 Mbbls of oil and 392 Mmcf of herbal gas or 980 Mmcfe. This compares to ninety seven Mbbls of oil and 390 Mmcf of herbal fuel or 972 Mmcfe for the first quarter of 2013 representing a 1% increase in construction volumes. during the first three months of 2014, the ordinary income rate per Bbl of oil become $101.sixteen whereas natural gas averaged $5.29 per Mcf. This compared to $a hundred and ten.04 per Bbl and $3.71 per Mcf, respectively for the primary three months of 2013. These consequences indicate that the eight% reduction in oil costs have been offset via a forty three% enhance in herbal gas fees yielding no huge fluctuation in oil and fuel revenues between quarters.

different revenues

all the way through the primary quarter of 2013, the enterprise offered volatile biological compound emission credits to a purchaser for $1.0 million. there have been no sales of those credits within the first quarter of 2014.

operating expenses

hire operating cost and construction taxes

here desk gifts the fundamental components of our lease working fee (in hundreds) for the first quarter of 2014 and 2013 on a Mcfe basis:

Three months ended March 31, 2014 2014 2013 Per Per total Mcfe complete Mcfe Direct working price $ 3,718 $ three.79 $ 5,106 $ 5.25 construction taxes 1,198 1.22 1,197 1.23 ad valorem taxes 207 0.21 237 0.24 Transportation 276 0.28 294 0.30 Workovers 115 0.12 27 0.03 $ 5,514 $ 5.sixty two $ 6,861 $ 7.05

rent operating price and production taxes for the quarter ended March 31, 2014 totaled $5.5 million versus $6.9 million for the same period of 2013. This translated to a 20% reduce quarter-over-quarter on a revenue volume basis from $7.05/Mcfe to $5.62/Mcfe. This average reduction in rent operating fee and construction taxes between periods displays the enterprise's persisted efforts to in the reduction of field working costs.

Accretion of asset retirement duty

Accretion expense for asset retirement tasks expanded via $0.1 million for the quarter ended March 31, 2014 compared to the similar length in 2013. This enhance is the influence of reevaluating abandonment prices at year conclusion.

Depletion, depreciation and amortization (DD&A)

For the quarter ended March 31, 2014, the enterprise recorded DD&A fee of $2.8 million ($2.86/Mcfe) in comparison to $3.2 million ($3.26/Mcfe) for the quarter ended March 31, 2013. This lessen displays the have an impact on of reduced capital investment in 2014 on the DD&A calculation.

popular and administrative fee (G&A rate)

G&A price for the quarter ended March 31, 2014 remained steady to the similar 2013 quarter at $2.6 million. additionally, cash G&A rate for 2014 did not fluctuate from the 2013 volume of $1.9 million. This reflects the enterprise's endured efforts to manage charges.

Loss on agreement of Asset Retirement responsibility legal responsibility

A loss on the settlement of asset retirement obligations of $0.02 million was incurred within the first quarter of 2013. There turned into no loss incurred in 2014.

other income (fee)

different revenue

different earnings, which comprises interest profits, has been minimal on account of the usage of the our money balances to aid working capital.

interest cost

activity price for the quarter ended March 31, 2014 increased to $2.7 million compared to $2.4 million for the quarter ended March 31, 2013. This boost is caused by the accretion of essential on the Senior Secured Notes.

Loss on by-product gadgets

during the three months ended March 31, 2014, we recorded a loss on derivatives of ($0.25 million) composed of an unrealized loss on exchange in mark-to-market valuations of ($0.21 million) and a realized loss on cash settlements of ($0.04) million.

during the three months ended March 31, 2013, we recorded a loss on derivatives of ($0.82 million) composed of an unrealized loss on changes in mark-to-market valuations of ($0.eighty four million) and a realized benefit on money contract of $0.02 million.

net loss

For the primary quarter ended March 31, 2014, internet loss lowered $0.7 million from the similar quarter of 2013. This lessen displays the impact of a $1.4 million lower in hire working expense and creation taxes and a $0.5 million lessen in loss on derivative instruments offset by means of a ($1.1 million) reduction in total revenues.

may additionally 02, 2014

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IBM 000-232 Exam (pSeries Administration and Support for AIX 5L V5.2) Detailed Information

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