Basic HTML Version
16
For the nine months period ended March 31, 2017
Selected notes to and forming part of the Condensed Interim
Financial Information (Unaudited)
9. Development and decommissioning costs
Development cost
12,649,020
1,636,785
944,410
(1,830,539)
13,399,676
Decommissioning cost
1,935,893
48,606
(844,002)
(138,269)
1,002,228
14,401,904
10. Exploration and evaluation assets
900,813
2,266,710
(944,410)
-
2,223,113
Opening net book value
10,790,695
Additions during the period / year
1,564,472
Well cost transferred from exploration and
evaluation assets
2,696,587
Amortization for the period/ year
(2,402,734)
Closing net book value
12,649,020
Opening net book value
1,621,746
Additions during the period / year
248,290
Revision due to change in estimates
110,825
Amortization for the period/ year
(44,968)
Closing net book value
1,935,893
14,584,913
Balance brought forward
2,661,303
Additions during the period/ year
2,821,339
Well cost transferred to development costs
(2,696,587)
Dry and abandoned wells cost charged to the
profit & loss account
(1,885,242)
900,813
Mar. 31, 2017
Jun. 30, 2016
Rupees ('000)