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DB 1- What are the principal types of exploration costs under the successful efforts method? Should they be capitalized or expensed? DB 2- What are
DB 1- What are the principal types of exploration costs under the successful efforts method? Should they be capitalized or expensed? DB 2- What are shooting rights? With whom an E&P company should sign the agreement to obtain the shooting rights? DB 3- What are the basic types of test-well contributions? Distinguish the accounting treatments on different types of test-well contributions. DB 4- Discuss the accounting treatment on the purchase price when land is purchased in fee. DB 5- Discuss the accounting treatment for a top lease. DB 6- Discuss the accounting treatments when a lessee agrees to pay a lessor's delinquent taxes or mortgage payments for a clear title
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