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Rubellite Energy (TSX:RBY) Buildings And Improvements : C$0.00 Mil (As of Dec. 2023)


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What is Rubellite Energy Buildings And Improvements?


Rubellite Energy Buildings And Improvements Historical Data

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

Rubellite Energy Annual Data
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Buildings And Improvements
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Rubellite Energy Quarterly Data
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Rubellite 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.


Rubellite Energy (TSX:RBY) Business Description

Industry
Traded in Other Exchanges
Address
605 5 Avenue SW, Suite 3200, Calgary, AB, CAN, T2P 3H5
Rubellite Energy Inc is a Canadian energy company. It is focused on Clearwater oil exploration and development utilizing multi-lateral horizontal drilling technology. The Clearwater is a high rate of return play with compelling economics at current forward market prices for Western Canadian Select crude oil.
Executives
Ryan Goosen Senior Officer
Jeff Green Senior Officer
Tamara Macdonald Director
Susan Riddell Rose 10% Security Holder, Director, Senior Officer
Ryan Shay Director, Senior Officer
Bruce Shultz Director

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