In this conversation, Elena Melchert and Lachlan Hughson discuss the intersection of finance and engineering within the oil and gas industry. They explore the importance of upgrading the finance function to improve decision-making, the role of software in financial modeling, and the impact of financial decisions on society. Lachlan emphasizes the need for a probabilistic approach in finance, akin to engineering practices, to better understand risks and returns. He also touches on current market challenges to provide real-world examples of how improved financial models can aid in investment decisions and mergers and acquisitions.
Episode Links
Website: https://4-dresourcesadvisory.com
LinkedIn: https://www.linkedin.com/in/lachlanhughson/
Articles & Thought Pieces: https://4-dresourcesadvisory.com/media/
SPE Paper: https://onepetro.org/SPEATCE/proceedings/24ATCE/24ATCE/D031S039R003/563782?searchresult=1
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