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FERC Letter Order Approving Capitalization of Novinium Brand Product

September 4, 2008

Federal Energy Regulatory Commission
Washington, D.C
by Scott P. Molony
September 4, 2008

Can Novinium brand injection be capitalized?

Based upon the information provided, a company may capitalize the cost of installing injection rehabilitation products provided that the product is used by the company to extend the useful life of its segments of URD cables beyond their original estimated useful lives.

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