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Omega Oil & Gas (ASX:OMA) Buildings And Improvements : A$0.00 Mil (As of Dec. 2024)


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What is Omega Oil & Gas Buildings And Improvements?


Omega Oil & Gas Buildings And Improvements Historical Data

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

Omega Oil & Gas Annual Data
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Buildings And Improvements
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Omega Oil & Gas Semi-Annual Data
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Omega 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.


Omega Oil & Gas Business Description

Industry
Traded in Other Exchanges
N/A
Address
243 Edward Street, Level 3A, Brisbane, QLD, AUS, 4000
Omega Oil & Gas Ltd s an early mover in an emerging play within the junior oil and gas space in Australia. The company is focused on preparation for the development of Petroleum Lease 17 (PL17), located in the Bennett and Leichardt Fields and Prospect 2037 and 2038 in Queensland, Australia.

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