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Risk: dealing with risk aversion
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Revision as of 16:24, 20 August 2014
13 bytes added
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16:24, 20 August 2014
→Common industry measures to reduce risk
Line 75:
Line 75:
* Farming-out leased acreage in exchange for a drilling commitment
* Farming-out leased acreage in exchange for a drilling commitment
−
* Making bottom-hole or dry-hole contributions on nearby competitor acreage
+
* Making bottom-hole or
[[Dry hole|
dry-hole
]]
contributions on nearby competitor acreage
* Obtaining a share of a given venture at an especially favorable price
* Obtaining a share of a given venture at an especially favorable price
* Acquiring a legal option allowing subsequent enlargement of interest in the event of early success
* Acquiring a legal option allowing subsequent enlargement of interest in the event of early success
FWhitehurst
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