UK Oil & Gas (LSE:UKOG) Buildings And Improvements : £0.00 Mil (As of Sep. 2023)

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What is UK Oil & Gas Buildings And Improvements?

UK Oil & Gas Buildings And Improvements Historical Data

The historical data trend for UK Oil & Gas's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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UK Oil & Gas Buildings And Improvements Chart

UK Oil & Gas Annual Data

Trend

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Buildings And Improvements

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UK Oil & Gas Semi-Annual Data
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UK Oil & Gas Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

UK Oil & Gas (LSE:UKOG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » UK Oil & Gas PLC (LSE:UKOG) » Definitions » Buildings And Improvements

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Traded in Other Exchanges

0UK:Germany

Address

20 Primrose Street, 8th Floor, The Broadgate Tower, London, GBR, EC2A 2EW

Website

https://www.ukogplc.com

UK Oil & Gas PLC operates as an oil and gas exploration company. Its principal activity is to acquire a portfolio of direct and indirect interests in the exploration, development, and production of oil and gas assets. The company's current operational focus is on the UK and Turkey onshore sectors. Its current UK onshore portfolio consists of direct and indirect interests in six oil and gas exploration, appraisal, development, and production assets, all situated within the Weald and Purbeck-Wight Basins of southern England. The company has three reportable segments: Oil exploration and production which includes producing business activities; Oil exploration and evaluation which includes non-producing activities; Head Office, corporate and administrative, including parent company activities.

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