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Ambassador Oil and Gas (ASX:AQO) Deferred Policy Acquisition Costs


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What is Ambassador Oil and Gas Deferred Policy Acquisition Costs?

Deferred Policy Acquisition Costs only applies to banks and insurance companies.


Ambassador Oil and Gas (ASX:AQO) Business Description

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Ambassador Oil & Gas Limited was incorporated on 7 august 2011. It is involved in the exploration for oil and gas in South Australia. The company has assembled a portfolio of prospective exploration assets located in the Cooper and Eromanga Basins. It has exploration licences in Australia and exploration leases in the United States of America. The portfolio contains a mix of exploration targets including conventional oil, conventional gas and unconventional gas from coal and shale.