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United Oil & Gas (LSE:UOG) Buildings And Improvements : £0.00 Mil (As of Jun. 2023)


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What is United Oil & Gas Buildings And Improvements?


United Oil & Gas Buildings And Improvements Historical Data

The historical data trend for United 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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United Oil & Gas Buildings And Improvements Chart

United Oil & Gas Annual Data
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United Oil & Gas Semi-Annual Data
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United 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.


United Oil & Gas (LSE:UOG) Business Description

Industry
Traded in Other Exchanges
Address
34-43 Lincoln’s Inn Fields, 2nd Floor, London, GBR, WC2A 3PA
United Oil & Gas PLC is engaged in the production and development exploration for crude oil petroleum and natural gas. The group operates in three geographic areas - the UK, Europe, Latin America, and Egypt. The Egypt segment generates the maximum revenue for the company.

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