Financial Management · 1997 · 59 citations · 17 references
EngineeringFinancePetroleum EngineeringFinancial EconomicsInvestment ManagementOffshore Petroleum EngineeringAlternative InvestmentsExploration EconomicsFutures MarketsInvestmentOffshore Reservoir EngineeringReal Options AnalysisExploration ValuationInvestment Appraisal Under UncertaintyOffshore ConcessionsOil Concession SystemsOil Exploration EconomicsOil Investment DecisionsPetroleum Exploration EconomicsReal Options Pricing
Describes the valuation of a complex capital project, the staged development of an oil field concession in the Netherlands. Stages of offshore petroleum development on the Dutch continental shelf; Asset valuation based on replication in financial markets; Major insights and conclusions.
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