Should a buyer commit the full acquisition price before reducing geological uncertainty? introducing Real Option Valuation to evaluate staged investment, appraisal strategies, and capital-at-risk under geological uncertainty. exploring optimized acquisition structures that combine Decision Tree Analysis, contingent bids, staged capital commitments, and negotiated purchase prices designed to better allocate uncertainty between buyer and seller.

BY Tariq Siddiqui: May 22, 2018 Mergers & Acquisition (M&A) provides critical growth of oil company portfolios through inorganic means...