Examples of Exploration license in a sentence
Exploration license costs are capitalised within intangible assets.
Exploration license and leasehold property acquisition costs, geological and geophysical costs and costs directly associated with an exploration well and appraisal activities are capitalized as either tangible or intangible exploration and evaluation assets according to the nature of the asset acquired.
Exploration license holders applying for a license extension shall submit its revised environmental protection plan to the Governor of the relevant soum or district for approval prior to the expiration of the exploration license.
Exploration license means a license issued by the BLM that allows the li- censee to explore unleased oil shale de- posits to obtain geologic, environ- mental, and other pertinent data con- cerning the deposits.
Exploration license fee, production license fee, rent and other costs for retaining the mineral interests in properties, subsequent to the acquisition of the mineral interests in properties, are charged to the income statement.