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NorAm Drilling AS (OSL:NORAM) Deferred Policy Acquisition Costs


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What is NorAm Drilling AS Deferred Policy Acquisition Costs?

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


NorAm Drilling AS Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » NorAm Drilling AS (OSL:NORAM) » Definitions » Deferred Policy Acquisition Costs
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Address
Bryggegata 3, P.O. Box 1327 - Vika, Oslo, NOR, 0112
NorAm Drilling AS owns and operates a quality rig portfolio of AC driven rigs tailored for the drilling of horizontal wells in the United States land drilling market. NorAm Drilling Company operates all eleven rigs and is financed through a combination of equity investments and intercompany loans, at arm's length terms, from its parent.