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QUESTION 7 Indicate whether the following costs should be expensed (E) or capitalized (C) under Successful Effort: (5 pts) Successful Effort Cost Category Acquisition Cost

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QUESTION 7 Indicate whether the following costs should be expensed (E) or capitalized (C) under Successful Effort: (5 pts) Successful Effort Cost Category Acquisition Cost G&G Costs Exploratory Well, Dry Hole Exploratory Well, Successful Development Well, Dry Hole

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