Palantir Portfolio Optimisation Puts Value on Exploration Assets

An oil & gas industry first: exploration assets, not just reserves, included in valuations (includes portfolio optimisation)

London, United Kingdom, November 20, 2009 --(PR.com)-- Palantir Puts Value on Exploration Assets

An oil & gas industry first: exploration assets, not just reserves, included in valuations

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.

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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About Palantir Solutions
Palantir Solutions is a provider of integrated consulting and software, offering economic and planning solutions to the upstream oil and gas industry. It allows its clients to easily and quickly analyse decision situations and the impact on their portfolio including: future costs, cash flow and production of oil and gas. As such, users of Palantir’s services reach from the boardroom through its internal and external advisors across the upstream lifecycle incorporating, for example, any financial events such as mergers and acquisitions. Palantir Solutions has offices in London, Aberdeen, Houston, Calgary, Singapore & Bangalore servicing its clients which range from SMEs to multinational corporates. It has a team of consultants, economists and developers with many years of experience in petroleum economics, strategic planning, fiscal modelling and workflow services. Palantir Solutions is the only truly integrated player in the field.

Further Information:
George Frost (Ink PR) +44 (0) 7714 206006 george@inkpr.com
Nick Heath (Ink PR) +44 (0) 7720 297972 nick@inkpr.com
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Palantir Solutions
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