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Mexco Energy (FRA:MZB) Dry Hole Expense (USD Mil) : 0.00 (As of . 20)


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What is Mexco Energy Dry Hole Expense (USD Mil)?

Dry Hole Expense (USD Mil) means the cost incurred to drill an exploratory or developmental well that was found to be incapable of producing sufficient oil or gas to justify completion as an oil or gas well.

The historical rank and industry rank for Mexco Energy's Dry Hole Expense (USD Mil) or its related term are showing as below:

FRA:MZB's Dry Hole Expense (USD Mil) is not ranked *
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Dry Hole Expense (USD Mil) only.

Mexco Energy Dry Hole Expense (USD Mil) Historical Data

The historical data trend for Mexco Energy's Dry Hole Expense (USD Mil) 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.

* Premium members only.

Mexco Energy Dry Hole Expense (USD Mil) Chart


Mexco Energy  (FRA:MZB) Dry Hole Expense (USD Mil) Explanation

Dry Hole Expense (USD Mil) means the cost incurred to drill an exploratory or developmental well that was found to be incapable of producing sufficient oil or gas to justify completion as an oil or gas well. It includes all costs including drilling the well and testing for the presence of hydrocarbons,as well as the costs for leasing land, seismic purchase and reprocessing.

Mexco Energy Dry Hole Expense (USD Mil) Related Terms

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Mexco Energy (FRA:MZB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Mexco Energy Corp (FRA:MZB) » Definitions » Dry Hole Expense (USD Mil)
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Traded in Other Exchanges
MXC:USA
Address
415 W. Wall Street, Suite 475, Midland, TX, USA, 79701
Website
https://www.mexcoenergy.com
Mexco Energy Corporation is an independent oil and gas company. It is engaged in the exploration, development, and production of natural gas and crude oil properties located in the United States. The company carried out its operation in the Permian Basin of West Texas. It is focusing on two primary areas, the Delaware Basin located in the Western portion of the Permian Basin including Lea and Eddy Counties, New Mexico and Loving County, Texas, and the Midland Basin located in the Eastern portion of the Permian Basin including Reagan, Upton, Midland, Martin, Howard, and Glasscock Counties, Texas. The company generates revenue from Oil sales, Natural gas sales, oil and gas royalty interests.

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