Seismic leader CGG's Robertson group and energy, metals and mining consulting firm Wood Mackenzie announced the joint launch of exploration valuation tool EV2 to support the industry's need to accurately assess future potential of licensed and unlicensed acreage. EV2 combines Robertson's geological knowledge with Wood's leading expertise in commercial analysis. The tool combines extensive geologic risk assessment by play with advanced economic Monte Carlo simulations, resulting in consistent, transparent and comparable valuation estimates of......
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