INVESTMENT DECISION AND RISK ANALYSIS IN OIL EXPLORATION PROJECTS - A MQNTE CARLO VALUE-AT-RISK (VaR) APPROACH
| dc.contributor.author | Adamu, Abdul | |
| dc.date.accessioned | 2024-04-04T10:21:44Z | |
| dc.date.available | 2024-04-04T10:21:44Z | |
| dc.date.issued | 2014-02-13 | |
| dc.description.abstract | This study examines the application of Monte Carlo simulation Value-at-Risk (VaR) technique or risk analysis and investment‘ decision in oil exploration project. The study uses the historical daily crude oil future pribe from Energy Information Administration and a hypothetical Okoro oilfield in Niger Delta - Nigeria. The analysis of the data was done using Value @ Risk Monte Carlo simulation and .the finding .shows that the project is profitable because it has a positive NPV It was recommended that the company should undertake the oil exploration as the chances of a positive return on investment are high. | |
| dc.identifier.citation | Adamu, A. (2014). investment decision and risk analysis in oil exploration projects - a mqnte carlo value-at-risk (var) approach | |
| dc.identifier.uri | https://keffi.nsuk.edu.ng/handle/20.500.14448/7426 | |
| dc.language.iso | en | |
| dc.publisher | Department of Business Administration, Nasarawa State University Keffi | |
| dc.subject | Monte Carlo simulation■ | |
| dc.subject | Value-at-Risk (VaR) | |
| dc.subject | Oil exploration | |
| dc.subject | NPV. | |
| dc.title | INVESTMENT DECISION AND RISK ANALYSIS IN OIL EXPLORATION PROJECTS - A MQNTE CARLO VALUE-AT-RISK (VaR) APPROACH | |
| dc.type | Article |