Page 239 - Pakistan Oilfield Limited - Annual Report 2022
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                                                                                              Annual Report 2022












                                                                                     2022             2021
                                                                                          Rupees ('000)

             27.      AMORTIZATION OF DEVELOPMENT
                      AND DECOMMISSIONING COSTS
                      Amoritzation charge for the year - note 14                    3,708,883        2,443,826

                      Revision in estimates of provision for decommissioning
                      costs in excess of related decommissioning costs asset
                      credited to statement of profit or loss - note 10.2.1          (390,146)        (232,072)

                                                                                     3,318,737        2,211,754

             28.      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
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