need some help on my Motivation Letter

Hi!
I am applying for a MSc degree. I have to send them a motivation letter in maximum one page.
could anybody help me in 2 following issues:
1. I wrote one page without considering that I have to write two addresses at the top of this page. this means that I have to summarize my letter, otherwise it fits in one and a half page.So, do U think I should summarize my letter or there is no need to write the addresses in these kind of letters?
2. I need my letter to be revised.

thanks in advance.

here is the draft of my letter:

Myname
Address line1
Address line2
Country
Email: *****
Institute of Petroleum Engineering
- MSc Application -
Address line1
Address line2
Country
31. Jan. 2014

Motivation Letter to apply for MSc in Reservoir Management

To whom it may concern,

I am ********, a Petroleum Engineer with a M.Sc. in Energy Economics, who is highly motivated to apply for master degree of Reservoir Management at Institute of Petroleum Engineering at TU Clausthal. Not only the material of Reservoir Management course at TU-Clausthal University fascinated me, but also its cooperation with world-class oil companies such as Baker Hughes and Weatherford and international associations such as SPE, leave me no hesitation to apply for this graduate course.

I hold a B.Sc in Petroleum Engineering from ****. During my bachelor studies I gained profound knowledge of transport phenomena in porous media, geology and exploration, oil and gas production, EOR techniques, and reservoir simulation. Also, I did my internship in Petroleum Engineering department of **** Co., and worked both in office and in **** gas field of *** to get some work experience.

The more I got involved with oil and gas industry, the more interested in reservoir management I was. On the other hand, I though knowing more detailed about economics would give me a greater insight into oil and gas projects. So, I took a graduate course in Energy Economics at University of **** and did a multidisciplinary thesis at the end. Doing my master thesis, I gained valuable experience in reservoir simulation in field scale. I modeled three different development plans of an oil field with Eclipse100 and made economical assessment under variable contractual conditions with the objective of sustainable development.

Now, as a scientific employee at *** I am working in an international research group. My responsibilities are modeling gas phase trapping and dissolution in pore scale with TOUGH simulation package.

In addition to study engineering materials I did lots of student activities during my bachelor studies. I was an active member of SPE student chapter at *** for two years, and be involved with student social science association in *** University. (More details are provided in my CV.)

I firmly believe that doing this course with my strong educational background in both petroleum engineering and energy economics put me in a right track to continue my education at higher level in a field that I am particularly interested in.

Thank you for considering my application. I can be contacted via all contact information in my CV.

Sincerely yours,

My name