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...
Main Author: | |
---|---|
Format: | Others |
Language: | English |
Published: |
2012
|
Subjects: | |
Online Access: | http://hdl.handle.net/2152/ETD-UT-2010-12-2549 |