RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:REALLY GAMBA?
Please, give me a link to those Two Alternative methods of accounting, i would really like to read that, because wheter you decide to use the Fair value method or the Cost+depletion method under IAS 16, you do have to consider IAS 36, and i don't see how one could argue that a "Dry Hole" wouldn't be consider "Trigger Event" and this "Trigger Event" would force you to make a Cash flow for the CGU of that well to valide if net book value is still recoverable, and you wouldn'T have to come to the conclusion that it has to completely be impaired since their won'T be any cash flow that will come from this well...