How and Why Petroleum Leases Are Held by Production: Analysis of a Compound Option
James L. Smith
Land Economics, February 2018, 94 (1) 52-72; DOI: https://doi.org/10.3368/le.94.1.52
James L. Smith
Cary M. Maguire Professor of Oil and Gas Management, Department of Finance, Edwin L. Cox School of Business, Southern Methodist University, Dallas, Texas
Cary M. Maguire Professor of Oil and Gas Management, Department of Finance, Edwin L. Cox School of Business, Southern Methodist University, Dallas, Texas