Page 155 - Pakistan Oilfields Limited - Annual Report 2021
P. 155
NOTES TO AND FORMING
PART OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED JUNE 30, 2021
2021 2020
Rupees ('000)
26. EXPLORATION COSTS
Geological and geophysical cost:
Own fields 211 22,831
Share in joint operations operated by the Company
- DG Khan 68,543 75,685
- Ikhlas 35,891 289,195
- Pindori (5,621) -
- Kirthar South 59,312 39,008
Share in joint operations operated by others
MOL Pakistan Oil and - TAL Block 10,289 763,677
Gas Company B.V. - Margala Block 17,343 129,815
- Margala North Block 123 -
Oil and Gas Development - Kotra 1,703 3,005
Company Limited - Gurgalot 14,250 13,694
Pakistan Petroleum
Limited - Hisal (4,405) 33,138
Mari Petroleum
Company Limited - Taung 296,616 35,370
494,255 1,405,418
27. ADMINISTRATION EXPENSES
Establishment charges 291,399 289,201
Telephone and telex 1,053 1,140
Medical expenses 12,709 13,022
Printing, stationery and publications 6,411 6,830
Insurance 9,294 7,544
Travelling expenses 1,558 4,429
Motor vehicle running expenses 11,519 12,783
Rent, repairs and maintenance 71,313 70,758
Auditor's remuneration 27.1 9,927 8,478
Legal and professional charges 10,043 3,104
Stock exchange and CDC fee 5,000 3,273
Computer support and maintenance charges 34,742 34,085
Other expenses 3,977 6,123
468,945 460,770
Less: Amount allocated to field expenses 274,437 268,449
194,508 192,321
ANNUAL REPORT 2021 153