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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.
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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’.
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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.

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