Changes

==Points to remember==

==Points to remember==

Here are a few final points that are important to remember concerning cash flow models:

Here are a few final points that are important to remember concerning cash flow models:

# Cash flow analysis is the third step in evaluating a proposed (or existing) petroleum property; it occurs after estimating (a) the reserves, rates, and costs and (b) the chance of success.  

# Cash flow analysis is the third step in evaluating a proposed (or existing) [[petroleum]] property; it occurs after estimating (a) the reserves, rates, and costs and (b) the chance of success.  

# Do not carry out cash flow analysis of "risked reserves"—the cash flow model is built on the success case

# Do not carry out cash flow analysis of "risked reserves"—the cash flow model is built on the success case

# Net cash flow is the sum of outlays and inflows.

# Net cash flow is the sum of outlays and inflows.