Coastal Caribbean Oils & Minerals Net Change in Property, Plant, and Equipment 2010-2014 | COCBF
Coastal Caribbean Oils & Minerals net change in property, plant, and equipment from 2010 to 2014. Net change in property, plant, and equipment can be defined as the overall change in capital expenditures and sales of plant, property and equipment. This field is used if a company does not report separately sales and purchases of plant, property and equipment or is calculated as the sum of purchases and sales of PP&E
Coastal Caribbean Oils & Minerals Annual Net Change in Property, Plant, and Equipment (Millions of US $) |
2013 |
$ |
2012 |
$ |
2011 |
$-0 |
2010 |
$-0 |
2009 |
$-0 |
Sector |
Industry |
Market Cap |
Revenue |
Oils/Energy |
Oil & Gas - US Exploration and Production |
$0.000B |
$0.000B |
Coastal Caribbean Oils & Minerals, Ltd. is a Bermuda-based holding company for Coastal Petroleum Company (Coastal Petroleum). The Company is engaged through its subsidiary, Coastal Petroleum, in the exploration for oil and gas reserves. The Company's growth is driven primarily by exploration and development activities. The Company's business strategy is acquiring and drilling prospects that have potential in oil and gas. Through its wholly owned subsidiary, Coastal Petroleum, the Company explored for oil and gas in Montana. The Company has also drilled exploratory gas well on Valley County, Montana Leases to test multiple zones potentially containing natural gas. The Company recorded impairment losses for all costs incurred for property leases, exploration and development activities relating to leases. The Company is not currently conducting drilling operations. The Company does not currently hold any oil and gas property and rights.
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