Page 166 - Pakistan Oilfield Limited - Annual Report 2022

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PAKISTAN OILFIELDS LIMITED
Notes to and Forming Part of the

Financial Statements

For the year ended June 30, 2022

13.1 Net book value at year end represents:
2022 2021
Rupees ('000)
Wholly owned fields 2,510,518 3,049,006
Joint operations 7,698,608 10,623,669
10,209,126 13,672,675
14. EXPLORATION AND EVALUATION ASSETS

Balance brought forward 512,223 2,773,514
Additions during the year 2,507,610 294,080
3,019,833 3,067,594
Wells cost transferred to development cost - note 13 - (2,555,371)

3,019,833 512,223

14.1 Break up of exploration and evaluation assets at June 30 is as follows:
2022 2021
Rupees ('000)

Share in joint operations operated by the
Company
- DG Khan 2,979,667 512,223
- Bandhak 12,072
Share in joint operations operated by others

MOL Pakistan Oil and Gas Company B.V. - Margala 28,094 -
3,019,833 512,223