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Workshop Simulated Licence Round - Results 8 th - 10 th February 2012. Petroleum Economics. ¡. ¡. ¡. Investment Appraisal Exercise 9-block Licence Award Area. 0. . 1. Brechin. 100. Aberdeen. 2. Crieff. 100. 200. Forfar. Edinburgh. Dundee. 5. 200. Glasgow. Inverurie.
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Workshop Simulated LicenceRound - Results 8th - 10thFebruary 2012 Petroleum Economics
¡ ¡ ¡ Investment Appraisal Exercise9-block Licence Award Area 0 .1 Brechin 100 Aberdeen 2 Crieff 100 200 Forfar Edinburgh Dundee 5 200 . Glasgow Inverurie Helmsdale 3 . Orange areas are prospect outlines Black contours are 100 ft isopachs 0 4 6
Volumetric Summary - unrisked Consolidated chance of success = 98.4%
Net Cash Flow for Dundee Project IRR = 25%
NPV10 vs. Field Size Plot Minimum Commercial Field Size