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Tuscany International Drilling, (FRA:TS1) Construction In Progress : €0.0 Mil (As of Mar. 2014)


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What is Tuscany International Drilling, Construction In Progress?


Tuscany International Drilling, Construction In Progress Historical Data

The historical data trend for Tuscany International Drilling,'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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Tuscany International Drilling, Construction In Progress Chart

Tuscany International Drilling, Annual Data
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Tuscany International Drilling, Quarterly Data
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Tuscany International Drilling, 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.


Tuscany International Drilling, (FRA:TS1) Business Description

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Tuscany International Drilling Inc was incorporated on April 6, 2004, pursuant to the provisions of the Business Corporations Act Alberta. The company is a Canadian-based oilfield services company; offering drilling, completion and workover services to the oil and natural gas industry, in South America. It is comprised of 26 owned drilling and workover rigs. It competes directly with various international and local companies in each region in which it operate.

Tuscany International Drilling, (FRA:TS1) Headlines

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