Project valuation when there are two cashflow streams

Energy Economics

Volumn 24, Issue 5, 2002, Pages 455-467

  Emhjellen, Magne ^a   Alaouze, Chris M ^b  

^a UNIVERSITY OF STAVANGER   (Norway)

^b UNIVERSITY OF NEW SOUTH WALES   (Australia)

Author keywords

CAPM; Oil projects; Separate discounting

Indexed keywords

COSTS; PROJECT MANAGEMENT; TAXATION;

CASHFLOWS;

ECONOMICS;

CAPITAL FLOW; DISCOUNT RATE; OIL PRODUCTION; PROJECT ASSESSMENT;

NORTH SEA;

EID: 0036670393     PISSN: 01409883     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0140-9883(02)00019-1     Document Type: Article

References (16)

1. A comparison of oil project NPV's in the North Sea obtained using the weighted average cost of capital discounting method and a modern asset pricing method
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4. Security prices, risk and maximal gains from diversification
5. Equilibrium in a capital asset market
6. Security pricing and investment criteria in competitive markets
7. Implications of output price risk and operating leverage for the evaluation of petroleum development projects
8. Asset valuation, firm investment, and firm diversification
9. Capital asset prices: A theory of capital market equilibrium under conditions of risk