Delivering Harvard’s Commencement address, former New York City Mayor Michael Bloomberg called on the Class of 2014 this afternoon to safeguard free speech and inquiry, rights that he said are under attack both in Washington, D.C., and on college campuses across the country.Bloomberg, who graduated from Harvard Business School in 1966, specifically criticized protests at some universities that have short-circuited graduation speeches by those who hold views that are unpopular with some groups. He also criticized politically motivated efforts to reduce science research funding or quash teaching of controversial topics, such as evolution. Supporting the free debate of opposing views, he said, is “a sacred trust” of universities and the basis of democratic society.“There’s no easy time to say hard things. Never feel reticent to speak what’s right,” Bloomberg urged the graduates. “Do not be complicit. Do not follow the crowd. Speak up and fight back.”As the main address during Harvard’s annual Commencement ceremonies, Bloomberg’s speech built on themes addressed earlier by Harvard President Drew Faust.Faust outlined three elements that she believes Harvard owes the future: answers to important questions, new questions that stimulate inquiry and debate, and the ability to understand answers to questions — about truth, justice, goodness, and our origin — and derive meaning from them.“Questions like these can be unsettling, and they can make universities unsettling places,” Faust said. “But that too is an essential part of what we owe the future: the promise to combat complacency, to challenge the present in order to prepare for what is to come, to shape the present in service of an uncertain yet impatient future.”The speeches highlighted Commencement’s Afternoon Exercises — officially the annual meeting of the Harvard Alumni Association — in Harvard Yard. During Morning Exercises, the University conferred degrees on 6,500 graduates from Harvard College and the graduate Schools. The graduates were joined by thousands of family members, friends, and other visitors.The day dawned cool, bright, and sunny, with thousands of excited graduates in caps and gowns lining up on the streets nearby, awaiting their formal procession into the Yard.The morning’s ceremony, heavy with tradition and scripted rites, was convened and adjourned by the top-hatted high sheriff of Middlesex County and featured student speeches and a rendition of “The Star-Spangled Banner” by Aretha Franklin. Franklin was among eight honorary degree recipients, who also included Bloomberg and former President George H.W. Bush.During the Afternoon Exercises, Faust and Harvard Alumni Association President Catherine Gellert recognized several reunion classes and individuals for their service to the University. Faust presented Harvard Medals to several alumni, including Anand Mahindra, J. Louis Newell, and Emily Rauh Pulitzer. Outgoing Alumni Association Executive Director Jack Reardon, who is stepping down June 30, was recognized with a special Harvard Medal.During his speech, Bloomberg said that Harvard has so far resisted protests against unpopular campus speakers, citing the administration’s backing of Colorado Sen. Michael Johnston’s appearance at the Graduate School of Education (GSE) Wednesday despite student protests of his views on education. The support of Faust and GSE Dean James Ryan, Bloomberg said, “could not have provided a more valuable final lesson to the Class of 2014.”When it comes to the faculty’s political leanings, however, Bloomberg said Harvard and other Ivy League schools have some work to do. Ninety-eight percent of political donations by faculty members at all Ivy League schools went to Democratic candidates, Bloomberg said, a uniformity that he said calls into question whether students are hearing all points of view. The danger, he said, is that partisanship will close people’s minds to new ideas — particularly those they initially oppose — which he said has already occurred in Washington, D.C., where lawmakers have ceased listening to each other on such critical issues as gun violence and climate change.“If students graduate with ears and minds closed, the University has failed both the students and society,” said Bloomberg, who is also a successful entrepreneur and a philanthropist.In her speech, Faust recalled the long tradition of Harvard and of Tercentenary Theatre, the outdoor area between the Memorial Church and Widener Library where Commencement ceremonies are held. Such historical figures as Nelson Mandela, Winston Churchill, Franklin Roosevelt, and George Marshall had all stood there, as had the University community, when it gathered there after the terrorist attacks on Sept. 11, 2001, and in happier circumstances to celebrate Harvard’s 375th anniversary in 2011.Universities, Faust said, are uniquely responsible to both the past and the future and, though Commencement Day is full of historical reminders, it is important not to forget the obligation to the future, to support research that is rapidly expanding the frontiers of scientific knowledge, of economic competitiveness, of international diplomatic challenges, and of technical issues, such as governance of the Internet.“We must continue to support our answer-seekers, who work at the crossroads of the theoretical and the applied, at the nexus of research, public policy, and entrepreneurship,” Faust said. “Together, they will shape our future and enhance our understanding of the world.”Faust said the University not only owes the future its knowledge, new questions, and meaning, it also owes the future the students who pass through its gates each year. She highlighted financial aid as an important priority for the future.“As today’s ceremonies so powerfully remind us, we also owe the future the men and women who are prepared to ask questions and seek answers and search for meaning for decades to come,” Faust said. “Today we send some 6,500 graduates into the world, to be teachers and lawyers, scientists and physicians, poets and planners and public servants.”
Reservoirtargets are the Jurassic Beatrice and Dunrobin sandstones, overlain by a thickKimmeridge Clay to the seabed. The prospect is approximately in the North Sea, 30kilometres offshore with a water depth of around 75 metres. The P2478licence, in which Corallian has a 45 per cent interest and licenceadministrator, contains the Dunrobin prospect. UK oil and gas company Corallian and its joint venture partners, Upland Resources and Baron Oil, have signed a work-sharing and confidentiality agreement with an undisclosed ‘large European E&P company’ for licence P2478 in the Inner Moray Firth which could lead to a future farm-out deal. By mutualagreement, Corallian and its partners may extend the exclusivity period withthe interested party until 31 December 2020 should the company wish tonegotiate farm-in terms to earn an interest in the licence. Corallian saidon Tuesday that the JV partners agreed to cease marketing a joint farmout ofthe license to industry until 30 September 2020, during which period the undisclosedE&P firm will complete its regional technical work and share its data andinterpretations over the area with the partners. The prospectconsists of three large shallow Jurassic rotated fault blocks that are mappedmostly on 3D seismic data within a single culmination with direct hydrocarbon indicators. Corallian alsostated that it hoped the work with the interested E&P company would lead toa farmout by the end of the year. Butler added that he hoped that these studies would improve the chances of bringing in a partner to assist in funding, should the group elect to drill in due course. He did point out though that the interested party had not made any commitment to farm in at this point but still saw the agreements as good news. Location of P2478 (marked in red); Source: Corallian In separate statements on Wednesday, the CEO of Upland Resources Chris Pitman and the executive chairman of Baron Oil Malcolm Butler had their take on the signing of the agreements. Pitman statedthat a farm-down to a significant industry partner that could bring regionalexpertise and work programme funding to de-risk and evaluate the P2478 licence wasentirely consistent with Upland’s strategy. Such agreements, according toPitman, were the first step in that process. The companyadded that it would continue to provide data to the E&P company under theconfidentiality arrangements. The Dunrobinstructure covers some 40 square kilometres and has Pmean prospective resourcesof 174 mmboe, with potential for 396 mmboe (P10). It is worth reminding that the P2478 licence was awarded to the company in September 2019. Corallian announced in late November that it would begin marketing its Unst and Dunrobin prospects for farm-out later that year.