... undeveloped properties (delay rentals, ad valorem taxes, legal costs for title ... Tyler paid $2,200 in ad valorem tax. Ad valorem tax expense 2,200. Cash 2,200 ...
G&A allocated to acquisition, exploration, or development. Compare FC to SE ... undeveloped reserves exist, estimate future development costs (at current prices) ...
... incurred in exploring the property, ... Costs incurred for acquisition, exploration, & development ... Exploration costs nondrilling costs are expensed. ...