OGEL (Oil, Gas & Energy Law Intelligence): Focusing on recent developments in the area of oil-gas-energy law, regulation, treaties, judicial and arbitral cases, voluntary guidelines, tax and contracting, including the oil-gas-energy geopolitics.
For full Terms & Conditions and subscription rates, please visit our website at www.gasandoil.com/ogel/.
Open to all to read and to contribute
Our aim is for OGEL to become the hub of a global professional and academic network. Therefore we invite all those with an interest in oil-gas-energy law and regulation to contribute. We are looking mainly for short comments on recent developments of broad interest. We would like where possible for such comments to be backed-up by provision of in-depth notes and articles (which we will be published in our 'knowledge bank ') and primary legal and regulatory materials. Please contact Editor-in-Chief Thomas Wälde at twwalde@aol.com if you would like to participate in this global network: we are ready to publish relevant and quality contributions with name, photo, and brief biographical description - but we will also accept anonymous ones where there is a good reason. We do not expect contributors to produce long academic articles (though we publish a select number of academic studies either as an advance version or an OGEL-focused republication), but rather concise comments from the author 's professional ’workshop’.
OGEL is linked to ENATRES, the electronic energy law, policy and economics information and discussion forum moderated by Thomas Wälde.
Editor-in-Chief
Thomas W. Wälde twwalde@aol.com Professor & Jean-Monnet Chair
CEPMLP/Dundee
© Copyright OGEL 2006
OGEL Cover v1.3
Oil, Gas & Energy Law Intelligence
Valuation of Undeveloped Oil Reserves with Option Pricing Model by B. Lubiantara www.gasandoil.com/ogel/ Issue : Vol. 4 - issue 4
November 2006
Valuation of Undeveloped Oil Reserves
With Option Pricing Model
Benny
References: 1. Hull, J.C, “Options, Futures and Other Derivates”, Prentice-Hall Inc, 3rd edition, 1997 2. Cox, Ross, Rubinstein, “Option Pricing – A Simplified Approach”, Journal Of Financial Economics – Sep, 1979 3. Robert Gartner and Andrew Rosenfield, “How Real Option Lead to Better Decision”, Financial Times, October 25, 1999.