Page 173 - Pakistan Oilfield Limited - Annual Report 2022
P. 173

170                                                                                                               171
                                                                                              Annual Report 2022












                                                                                    2022              2021
                                                                                         Rupees ('000)
             25.      EXPLORATION COSTS

                      Geological and geophysical cost
                        Own fields                                                       151               211

                        Share in joint operations operated by the Company
                                                         - DG Khan                   141,311            68,543
                                                         - Ikhlas                    101,263            35,891
                                                         - Pindori                          -            (5,621)
                                                         - North Dhurnal              21,498                 -
                                                         - Kirthar South              58,313            59,312
                        Share in joint operations operated by others

                          MOL Pakistan Oil and           - TAL Block                    9,747           10,289
                          Gas Company B.V.               - Margala Block              40,113            17,343
                                                         - Margala North Block           (480)             123

                          Oil and Gas Development        - Kotra                       (1,767)           1,703
                          Company Limited                - Gurgalot                   14,112            14,250
                          Pakistan Petroleum Limited     - Hisal                      31,871             (4,405)
                          Mari Petroleum Company Limited  - Taung                    449,484           296,616
                                                         - Nareli                     11,422                 -

                                                                                     877,038           494,255

             26.      ADMINISTRATION EXPENSES
                      Establishment charges                                          296,082           291,399
                      Telephone and telex                                               1,141            1,053
                      Medical expenses                                                15,238            12,709
                      Printing, stationery and publications                             6,707            6,411
                      Insurance                                                         7,881            9,294
                      Travelling expenses                                               4,982            1,558
                      Motor vehicle running expenses                                  22,024            11,519
                      Rent, repairs and maintenance                                   79,036            71,313
                      Auditor's remuneration                             26.1         10,886             9,927
                      Legal and professional charges                                    5,643           10,043
                      Stock exchange and CDC fee                                        5,420            5,000
                      Computer support and maintenance charges                        38,239            34,742
                      Other expenses                                                    6,391            3,977
                                                                                     499,670           468,945
                      Less: Amount allocated to field expenses                       294,038           274,437

                                                                                     205,632           194,508
   168   169   170   171   172   173   174   175   176   177   178