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Strategy... In the finance and negotiation sections, I have given you some basic tools to help you put financially sound deals together. You may have noticed that I didn't supply too many spreadsheets about making a good deal. There are two reasons for this: 1. There's more than one good way to evaluate any petroleum deal anywhere in the world. There's also more than one good way to evaluate a deal in OilFinancier. In fact, I can concoct approaches from quite simple to somewhat complex. And I expect future financiers to invent more complex methods than I would care to use. I don't want this website to appear as insisting there is only one good method. 2. I want you to go through the theory yourself and invent your own way of solving problems in OilFinancier. I believe that this approach―which is not trying to figure out what the professor wants you to put down on an exam paper―will maximize your learning experience. When you complete an OilFinancier seminar, you should have an inherent (not just theoretical) understanding of evaluating risk, cash flow, and partnerships because you have lived through their effects. Nonetheless, I'm going to let any experienced financier offer his or her sage advice on this webpage. If you have completed an OilFinancier seminar and you want to share your knowledge with others, send me your great spreadsheets (in EXCEL format) or great strategy tips (in WORD format). I will make them available for downloading. Just a word of caution, however. I will not be verifying whether such "advice" or "techniques" are any good or not. It is up to the financiers using these documents to determine their usefulness. Strategy Files Available for Download
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- DAVE VOLEK PUBLISHING - All Rights Reserved
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