Please use this identifier to cite or link to this item:
Type: Thesis
Title: Real options valuation for petroleum investments
Author: Yao, Yanhua
Issue Date: 2006
School/Discipline: Australian School of Petroleum
Abstract: In many instances, oil companies struggle with decisions on petroleum investment. The difficulty partially stems from uncertainties in many of the inherent variables. Conventional investment methods often fail to properly identify available opportunities. Real Options Valuation involves a methodology for evaluating the value of an opportunity, leading to a strategic decision in an uncertain environment. In this study, two petroleum cases are considered, a technical uncertainty dominated case and a market uncertainty dominated case. Both cases demonstrate the fuctionality of the Real Options approach.
Dissertation Note: Thesis (Ph.D.) -- University of Adelaide, Australian School of Petroleum, 2006
Keywords: oil; petroleum; real option valuation
Provenance: This electronic version is made publicly available by the University of Adelaide in accordance with its open access policy for student theses. Copyright in this thesis remains with the author. This thesis may incorporate third party material which has been used by the author pursuant to Fair Dealing exception. If you are the author of this thesis and do not wish it to be made publicly available or If you are the owner of any included third party copyright material you wish to be removed from this electronic version, please complete the take down form located at:
Appears in Collections:Research Theses

Files in This Item:
File Description SizeFormat 
01front.pdf65.14 kBAdobe PDFView/Open
02whole.pdf7.57 MBAdobe PDFView/Open

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.