PALANTIR PORTFOLIO OPTIMISATION PUTS VALUE ON EXPLORATION ASSETS
Palantir Solutions which provides economic and planning consultancy to the oil and gas community, has created unique processes which provide a previously unattainable level of rapid insight in to the value of E&P assets.

LONDON, UK November 20, 2009 /24-7PressRelease/ -- An oil & gas industry first: exploration assets, not just reserves, included in valuations

The new consultancy service, PalantirPS (portfolio services), has been created to help oil and gas planning teams and M&A advisors to quickly screen opportunities for competitive advantages as part of a structured approach to selecting optimum portfolios.

At the core of PalantirPS are two new 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).

Jason Ambrose, MD, Palantir Solutions commented: "Rapid Company Valuation is a new way of thinking to convert insight into opportunities and opportunities into value. Meanwhile Risked Portfolio Evaluation is a practical approach to a task rarely tackled due to its complexity. We are giving our customers an agility in thought, process and execution which to date has not been available to them."

Palantir continues to offer its existing consultancy services using decision analysis, Game Theory and Real Options to translate academic concepts in to practical reality.

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

For White Papers (such as 'Practical Portfolio Optimisation' or 'Swanson's Mean versus Monte Carlo') or to book a demonstration/presentation please contact Amy Williams-Allden at Palantir Solutions on +44 (0) 207 901 3700 awilliams@palantirsolutions.com.

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