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Matra Petroleum (LSE:MTA) Construction In Progress : £0.00 Mil (As of Dec. 2013)


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What is Matra Petroleum Construction In Progress?


Matra Petroleum Construction In Progress Historical Data

The historical data trend for Matra Petroleum'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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Matra Petroleum Construction In Progress Chart

Matra Petroleum Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Construction In Progress
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Matra Petroleum Semi-Annual Data
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Matra Petroleum 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.


Matra Petroleum (LSE:MTA) Business Description

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Matra Petroleum PLC is an independent oil and gas exploration and production. The Company focuses on building a portfolio of development and producing assets in the Volga/Urals area of Russia.

Matra Petroleum (LSE:MTA) Headlines