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What is Budget Procedures for Exploration & Development about?

This document outlines the procedures and schedules for creating a financial budget for an oil and gas company. It discusses budgeting by activities, project time phasing, cost categories, and the nature of capital vs. non-capital costs. The schedules include budgets for exploration and development expenses, production expenses, administrative expenses, capital assets, depreciation, and a financial status report. The overall purpose is to summarize the necessary information to calculate cost recovery and sh

Author

mohammad basuki

Language

EN