Palantir offers exploration assets valuations
Software, Nov  24  2009 (Digital Energy Journal)

- A new consultancy service, PalantirPS (portfolio services), has been created to help oil and gas planning teams and M&A advisors to quickly screen exploration opportunities.

PalantirPS offers two new core services:

Rapid Company Valuation (RCV): quick valuations - including the value of exploration assets - of a company / external opportunity for M&A, swaps or partnership purposes. This service helps to quickly identify the right opportunities at the right time.

Risked Portfolio Evaluation (RPE): practical portfolio optimisation by quantifying trade-offs between competing corporate strategies and assessing the likelihood of meeting company targets (production and reserves).

This might incorporate RCV findings with an understanding of alternative portfolios’ exposures, risks, probability of meeting targets and downside quantification. Palantir’s own research (Willigers, 2009, SPE 124180) suggests ‘Swanson’s mean’ can be used to replace a full ‘Monte Carlo simulation’ (which is rarely run in full due to the complex correlation set up and interpretation difficulties).

PalantirPS is simultaneously being made available via its senior teams in London, Aberdeen, Houston, Calgary and Singapore.

Palantir

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