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Lucero Energy (TSXV:LOU) Buildings And Improvements : C$0.7 Mil (As of Mar. 2024)


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What is Lucero Energy Buildings And Improvements?

Lucero Energy's quarterly buildings and improvements declined from Sep. 2023 (C$0.9 Mil) to Dec. 2023 (C$0.8 Mil) and declined from Dec. 2023 (C$0.8 Mil) to Mar. 2024 (C$0.7 Mil).

Lucero Energy's annual buildings and improvements declined from Dec. 2021 (C$1.0 Mil) to Dec. 2022 (C$0.9 Mil) and declined from Dec. 2022 (C$0.9 Mil) to Dec. 2023 (C$0.8 Mil).


Lucero Energy Buildings And Improvements Historical Data

The historical data trend for Lucero Energy'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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Lucero Energy Buildings And Improvements Chart

Lucero Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.53 1.01 0.90 0.80

Lucero Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Buildings And Improvements Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.80 0.69 0.94 0.80 0.69

Lucero Energy 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.


Lucero Energy (TSXV:LOU) Business Description

Industry
Traded in Other Exchanges
Address
350 - 7th Avenue SW, Suite 1800, Calgary, AB, CAN, T2P 3N9
Lucero Energy Corp is an independent oil company focused on the acquisition, development, and production of oil-weighted assets in the Bakken and Three Forks formations in the Williston Basin area of North Dakota.
Executives
Shane Manchester Senior Officer

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