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Uncompleted Wells, Equipment, and Facilities Costs - The costs incurred to (1) drill and equip wells that are not yet completed, and (2) acquire or construct equipment and facilities that are not yet completed and installed.
Undeveloped Property - Refers to a mineral property on which development wells or mines have not been drilled or completed to a point that would permit the production of commercial quantities of mineral reserves.
Uranium Oxide - A yellow or brown powder produced from naturally occurring uranium minerals as a result of milling uranium ore or processing uranium-bearing solutions. Synonymous with 'yellow cake,' U3O8, or uranium concentrate.
Utility - A regulated entity that exhibits natural monopolistic characteristics. For electric industry restructuring, utility refers to the regulated, vertically integrated electric company. Transmission Utility refers to the regulated owner/operator of the transmission system only. Distribution Utility refers to the regulated owner/operator of the distribution system that serves retail customers.
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