Application of real options to valuation and decision making in the petroleum E&P industry

This study is to establish a binomial lattice method to apply real options theory to valuation and decision making in the petroleum exploration and production industry with a specific focus on the switching time from primary to water flooding oil recovery. First, West Texas Intermediate (WTI) histor...

Full description

Bibliographic Details
Main Author: Xu, Liying, 1962-
Format: Others
Language:English
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/2152/ETD-UT-2010-12-2549