text: The company capitalised overhead costs, including salaries, wages benefits and consulting fees, directly attributable 
  to the exploration, acquisition and development of oil and gas properties of $4.5 million and $2.9 million for the 
  years ended 31 December 2014 and 2013, respectively. 
  
  **NOTE 6 – GAIN ON SALE OF NON-CURRENT ASSETS**
  
  **Disposals in 2014**
  In July 2014, the Company sold its remaining Denver-Julesburg Basin assets for net proceeds of $108.8 million in 
  cash, which includes the reimbursement of capital expenditures incurred on 8 gross (3.1 net) non-operated 
  horizontal wells. The sale resulted in a pre-tax gain of $48.7 million, which is included in the gain on sale of non- 
  current assets in the consolidated statement of profit or loss and other comprehensive income for the year ended 
  31 December 2014. 
  
  In July 2014, the Company sold its remaining Bakken assets, located in the Williston Basin, for approximately $14.0 
  million, which included $10 million in cash and approximately $4.0 million in settlement of a net liability due to the 
  buyer. The sale resulted in a pre-tax gain of $1.6 million, which is included in the gain on sale of non-current assets 
  in the consolidated statement of profit or loss and other comprehensive income for the year ended 31 December 
  2014. As at 31 December 2013, the carrying costs of these assets were $11.6 million and were classified as held for 
  sale. 