its true or false

is paid only if a well is Dry. Shooting Rights Bottom Hole Contribution Delay Rental All of the above None of the above Seismic costs, which are G&G costs, are generally expensed as incurred. T/F Test-well contributions are payments made by one working interest owner to another working interest owner of a different Property. T/F Shooting rights are rights granted to the oil company that allow the company access to the property to perform G&G activities, typically prior to obtaining a mineral lease. G&G costs include all the cost to locate and identify properties with the potential to produce commercial quantities of oil and natural gas. T/F G&G costs are allowed must be capitalized as assets under international GAAP if the costs can be identified with a particular structure (a field) by year-end. T/F In a Dry-hole agreement, Company A agrees to pay Company B a certain sum if the well being drilled by Company B reaches a specified depth or bevond. T/F 17. is paid only if a well is Dry. Shooting Rights Bottom Hole Contribution Delay Rental All of the above None of the above Seismic costs, which are G&G costs, are generally expensed as incurred. T/F Test-well contributions are payments made by one working interest owner to another working interest owner of a different Property. T/F Shooting rights are rights granted to the oil company that allow the company access to the property to perform G&G activities, typically prior to obtaining a mineral lease. G&G costs include all the cost to locate and identify properties with the potential to produce commercial quantities of oil and natural gas. T/F G&G costs are allowed must be capitalized as assets under international GAAP if the costs can be identified with a particular structure (a field) by year-end. T/F In a Dry-hole agreement, Company A agrees to pay Company B a certain sum if the well being drilled by Company B reaches a specified depth or bevond. T/F 17