How is a dry appraisal well accounted for? a. Charged to dry hole expense b. Remains capitalized

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How is a dry appraisal well accounted for?

a. Charged to dry hole expense

b. Remains capitalized so long as a subsequent appraisal well is either planned or underway

c. Capitalized if other development activities are underway in the general area

d. The treatment is determined based on whether the well is individually significant or individually insignificant

e. None of these

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