The high success rate of drilling and appraisal activity offshore Africa s southwestern coast is spurring Big Oil to boost acreage in the area and seek other exploration frontiers.
IRS, IDC's, and Farmouts: A Critical Analysis heritage.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from heritage.org Daily Mail and Mail on Sunday newspapers.
Crown Exploration invites Accredited Investors that are U.S. Citizens to attend our real-time, interactive presentation on VirtualInvestorConferences.com.
(Archived document, may contain errors) 86 August 18, 1982 INTANGIBLE DRILLING COSTS: A TAX ON RISKS INTRODUCTION Tax hikes need not be huge to do great damage to the economy. In some instances, even very small tax increases can have effects far outweighing the marginal additional tax dollars they generate. A case in point is the minimum tax on so-called Intangible Drilling Costs, or IDCs.