Question: Using 2017 publish financial statements, explain the similarities and differences in the accounting policies adopted by Tullow PLC and Kosmos Energy about the following: (i)

Using 2017 publish financial statements, explain the similarities and differences in the accounting policies adopted by Tullow PLC and Kosmos Energy about the following:

(i) Exploration and Evaluation Assets (5 marks)

(ii) Decommissioning / Asset Retirement Obligations (5 marks)

(iii) Depreciation, Deletion, and Amortization of Petroleum Assets (5 marks) [15 Marks]

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