Redleaf Resources
 
 

@RISK Aids Innovative Oil & Gas Producer
Red Leaf Resources in Development of
New Shale Extraction Technology

 
 

Red Leaf Resources, Inc. (RLR), based in Salt Lake City, is a start-up energy company focused on providing a novel method for accessing oil shale reserves with the smallest environmental impact possible. As they are still in the R&D phase, Red Leaf Resources is reliant on private equity. Given the uncertain nature of oil markets and the economy in general, RLR needs comprehensive and clear methods to assess risk, and to display a range of possible financial outcomes to board members and other decision-makers. Using @RISK, RLR has been able to give stakeholders a view of the range of potential outcomes, including ranges of Net Present Value and Internal Rate of Return, depending on variations in factors affecting these numbers.

Dan Rakovan, Manager of Strategic Planning at Red Leaf Resources, finds @RISK particularly beneficial for communicating complex concepts to the board. “I love the curves the applications provides,” he says. “It helps explain the uncertainty of the project in a very rational and understandable way.” While Rakovan had used other Monte Carlo simulation software prior to @RISK, he found the other tool could not compete with Palisade’s presentation-ready graphs. “I was trying to find ways to improve our presentations, and I liked that @RISK worked directly with our Excel spreadsheets—the others don’t do that.”

 
 
Read the Case Study
 
 
 
 

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Nashville - November 15-16 - Register Now

Join us next month for our biggest event of the year, in Nashville!

Three tracks of software training and industry case studies across 2 days – an invaluable opportunity for broadening knowledge of risk modelling, and networking with decision-making professionals in a range of industries.

Plus, take the opportunity to discuss your model or project with one of Palisade's experts in a one-on-one Expert Session. 

Benefits of Palisade Risk Conferences:

  • Get more from @RISK and the DecisionTools Suite – Get exposure to the latest techniques in risk and decision analysis so you can apply them to your own models.  
  • Learn from experts – Sessions are taught by Palisade's consultants and trainers and industry pros.  
  • Networking opportunities – Share ideas and speak with presenters, other attendees, and Palisade staff to gain valuable insight from many backgrounds
 
More about the Nashville Risk Conference
 
 
 

Watch Now: @RISK and PrecisionTree -
Enhanced Decision Trees with Monte Carlo Simulation

 

Learn how PrecisionTree and @RISK can work together to enhance your analysis.

 

PrecisionTree and @RISK, both part of the DecisionTools Suite, work together seamlessly. PrecisionTree represents chance events and payoffs with discrete values or probabilities. When combined with @RISK, @RISK enhances the analysis by representing continuous ranges of outcomes for chance events and payoffs, giving you a more realistic picture of possible outcomes. This webinar is an introduction to decision trees in PrecisionTree along with probabilistic analysis using Monte Carlo simulation in @RISK, to demonstrate how these two programs can be applied to your everyday business analyses within Microsoft Excel.

 
Watch the Webinar
   
 
 
 

@RISK Tips: Alternatives to =IF for Picking Distributions

 

Excerpted from Palisade's Knowledge Base

 

=IF can be an effective way to choose your distributions. However, depending on how many iterations you choose, the number of distributions being used, and what the rest of your model looks like, =IF may not offer the most efficient or straightforward results.

A better approach would be to move your logic into a macro, where it is executed only once. To learn more about Alternatives to Picking Distributions and to see an example, follow the link below to Palisade's Knowledge Base.

 
Download the Full Example and Files
   
 
 
 

Regional Training Seminars

 

Attend an intensive course to learn how to apply @RISK and the DecisionTools Suite to real-life problems.

 

Regional TrainingsOur worldwide Palisade Regional Training courses are professional public courses designed to teach you how to apply @RISK and the DecisionTools Suite to real-life problems. The training is hands-on, and includes course notes and example files. Palisade Regional Training courses have been accredited by a number of industry groups, enabling professionals in those industries to earn continuing education credits. Lunch and breaks are also provided, giving you a great opportunity to network with other professionals interested in risk analysis.

2017 locations include Rome, Moscow, Munich, Melbourne, Brisbane, Washington DC, Seattle, Calgary, and more.

 
View Schedule
 
 
 

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Live Webinars
Attend an hour-long event to learn how Palisade software works, and ask questions. See the schedule here.

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On-Demand Webinars
Watch a variety of Palisade webinars at your convenience. View a complete listing of on-demand webinars here.
 
The DecisionTools Suite
 
Contact Details
 

Palisade Corporation

798 Cascadilla St.,
Ithaca, NY 14850 USA

sales@palisade.com

www.palisade.com

About Us
 

Palisade Corporation is the world's leading provider of risk and decision analysis software and solutions. Founded in 1984, its products @RISK and the DecisionTools Suite are used by over 95% of the Fortune 100, in nearly every industry around the world. Palisade is headquartered in New York State, and has offices in London, Sydney, Rio de Janeiro, and Tokyo.

More About Palisade

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