Page 20 - Condensed Interim Financial Statements - 1st quarter ended September 30, 2019

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8. Development and decommissioning costs
Development cost
10,886,151
702,717
-
-
(496,134)
11,092,734
Decommissioning cost
167,435
-
-
(17,322)
150,113
11,242,847
9. Exploration and evaluation assets
52,761
42,190
94,951
-
-
94,951
Opening net book value
12,175,661
Additions during the period / year
1,522,774
Revision due to change in estimates
(748,330)
Well cost transferred from exploration
and evaluation assets
1,679,562
Amortisation for the period / year
(3,743,516)
Closing book value
10,886,151
Opening net book value
421,059
Additions during the period / year
48,385
Revision due to change in estimates
(271,192)
Amortisation for the period / year
(30,817)
Closing book value
167,435
11,053,586
Balance brought forward
2,590,790
Additions during the period/ year
760,589
3,351,379
Wells cost transferred to development costs
(1,679,562)
Dry and abandoned wells cost charged to the
profit & loss account
(1,619,056)
52,761
Notes to and forming part of the Condensed Interim
Financial Statements (Unaudited)
For the three months period ended September 30, 2019
Rupees ('000)
Sep 30, 2019
June
30, 2019
(Unaudited)
(Audited)
18