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Financial Decision Making About Found Oil And Gas In Ghana : Real Options Vs. Traditional Methods, Isaac Owusu-Ansah

Dissertations, Master's Theses and Master's Reports - Open

This research is a study of the use of capital budgeting methods for investment decisions. It uses both the traditional methods and the newly introduced approach called the real options analysis to make a decision. The research elucidates how capital budgeting can be done when analysts encounter projects with high uncertainty and are capital intensive, for example oil and gas production. It then uses the oil and gas find in Ghana as a case study to support its argument.

For a clear understanding a thorough literature review was done, which highlights the advantages and disadvantages of both methods.

The revenue …