Present worth expectation for a risky job

Input(s)

$\overline{X_{A}}$: Present Values of Discounted Probable Outcomes that includes all Costs except Initial Speculative Cost ($)

$C$: Dry Well Drilling Cost in Initial Investment ($)

Output(s)

$X_{E}$: Present Worth Expectation per a Risky Job ($)

Formula(s)

Reference(s)

Serpen, U., Petroleum Economics, Course Notes, ITU Petroleum and Natural Gas Engineering, Istanbul, Turkey, (2008) Page: 92.