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Block Energy (LSE:BLOE) Buildings And Improvements : £0.00 Mil (As of Dec. 2023)


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What is Block Energy Buildings And Improvements?

Block Energy Buildings And Improvements Historical Data

The historical data trend for Block 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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Block Energy Buildings And Improvements Chart

Block Energy Annual Data
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Block Energy Semi-Annual Data
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Block 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.

Block Energy (LSE:BLOE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Block Energy PLC (LSE:BLOE) » Definitions » Buildings And Improvements
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Traded in Other Exchanges
BE9:Germany
Address
25 Eccleston Place, Eccleston Yards, London, GBR, SW1W 9NF
Website
https://www.blockenergy.co.uk
Block Energy PLC is an oil exploration, development and production company whose main country of operation is the Republic of Georgia. Its segments include Oil extraction in Georgia and the Corporate function. The company has interests in the Norio oil field, Satskhenisi, and West Rustavi field.

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