Course Content

Introduction

Basic Principles

The Time Value of Money

Profitability Indicators

Other Economic Indicators

No-risk Economic Evaluation Methods

Cash Flow Analysis

Quick look methods and rules of thumb

Detailed Studies

Decision Theory and Risk Analysis

Statistical methods and risk analysis

Statistical methods in exploration

Risk weighted Economic analysis

International Fiscal Regimes

Regimes for international E & P

Royalty and Income tax systems

Cost recovery and production sharing

Other fiscal elements ,The Petroleum Economics of Gas

Strategic Matters

Strategic Planning

An approach to new venture analysis