Year-over-year, this metric declined by 100.0%, from $500.00K to $0.00. This decline may warrant attention — for this metric, higher values are generally preferred.
Higher values indicate successful conversion of exploration projects into productive, revenue-generating assets.
The transfer of costs from exploratory well status to property, plant, and equipment once a well is confirmed to contain...
Standard accounting transition for successful exploration projects in the energy sector.
other_reclassification_to_well_facilities_and_equipment__c15e6d| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $0.00 | $7.00M | $285.00M | $2.00M | $0.00 |
| YoY Change | — | — | >999% | -99.3% | -100.0% |