text: **NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS**
  
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              [html]<thead><tr><tdcolspan="3">Complementary</td></tr><tr><tdcolspan="2">Year ended 31 December</td><td>2014 US $/ 000</td><td>2013 US $’ 000</td></tr></thead><tbody><tr><tdcolspan="4">Costs carried forward in respect of areas of interest in :</td></tr><tr><tdcolspan="2">Exploration and evaluation phase, at cost</td><td>156.680</td><td>167.694</td></tr><tr><tdcolspan="2">Provision for impairment</td><td>( 1.550 )</td><td>[ 1.550 ]</td></tr><tr><tdcolspan="2">Total Exploration and Evaluation Expenditure</td><td>__155.130</td><td>__166.144</td></tr><tr><td>a ) Movements in carrying amounts :</td><td>Exploration and evaluation</td><td>Balance at the beginning of the period</td><td>166.144</td></tr><tr><td>33.439</td><td>Amounts capitalised during the period</td><td>39.670</td><td>14.770</td></tr><tr><td>Fair value of assets acquired</td><td>-</td><td>151.115</td><td>Allocation of working interest assets acquired</td></tr><tr><td>34.184</td><td>-</td><td>Exploration costs expensed ( 1 )</td><td>( 10.934 )</td></tr><tr><td>-</td><td>Reclassifications to assets held for sale</td><td>-</td><td>( 1.104 )</td></tr><tr><td>Amounts transferred to development phase</td><td>( 59.209 )</td><td>( 31.999 )</td><td>Exploration tenements sold during the period</td></tr><tr><td>__114.725 )</td><td>_____IZZl</td><td>Balance at end of period</td><td>__155.130</td></tr><tr><td>__166.144</td></tr><tr></tr><tr></tr><tr></tr></tbody>
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