Empire Energy Group (ASX:EEG) Construction In Progress : A$0.00 Mil (As of Jun. 2024)

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What is Empire Energy Group Construction In Progress?

Empire Energy Group Construction In Progress Historical Data

The historical data trend for Empire Energy Group's Construction In Progress 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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Empire Energy Group Construction In Progress Chart

Empire Energy Group Annual Data

Trend

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Construction In Progress

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Empire Energy Group Semi-Annual Data
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Construction In Progress	Get a 7-Day Free Trial															-	-	-	-	-

Empire Energy Group Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Empire Energy Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Empire Energy Group Ltd (ASX:EEG) » Definitions » Construction In Progress

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EEGUF:USA

Address

6-10 O'Connell Street, Level 5, Sydney, NSW, AUS, 2000

Website

https://empireenergygroup.net

Empire Energy Group Ltd is an oil and gas exploration and production company focused on onshore long-life oil & gas fields, in the USA. The progression of exploration & appraisal work programs in its wholly-owned and operated exploration tenements & applications located in the high petroleum-prospective Northern Territory McArthur Basin including the Beetaloo Sub-Basin. It sells oil and gas products to owners of domestic pipelines, utilities, and refiners located in Pennsylvania and New York. It operates in three segments- United States Operations, Northern Territory, and corporate. The majority is derived from United States operations segment, which includes all oil and gas operations located in the USA. Revenue is derived from the sale of oil and gas and the operation of wells.

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