SELAN2022-01-012022-03-31in-bse-fin:OneOperatingExpenses01Member SELAN2022-01-012022-03-31in-bse-fin:OneOperatingExpenses02Member SELAN2022-01-012022-03-31in-bse-fin:OneOperatingExpenses03Member SELAN2022-01-012022-03-31in-bse-fin:OneOperatingExpenses04Member SELAN2022-01-012022-03-31in-bse-fin:FourOperatingExpenses01Member SELAN2022-01-012022-03-31in-bse-fin:FourOperatingExpenses02Member SELAN2022-01-012022-03-31in-bse-fin:FourOperatingExpenses03Member SELAN2022-01-012022-03-31in-bse-fin:FourOperatingExpenses04Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares SELAN 2021-04-01 2022-03-31 2022-04-23 INR Lakhs Yearly true Cash Flow Indirect Single segment The Company operates in a single segment of production of Oil and Natural Gas 2022-01-01 2022-03-31 Audited Standalone 233200000.00 18100000.00 251300000.00 0.00 0.00 3200000.00 14100000.00 200000.00 5100000.00 203400000.00 226000000.00 25300000.00 0.00 25300000.00 10200000.00 -15500000.00 -5300000.00 0.00 30600000.00 0.00 0.00 0.00 0.00 30600000.00 100000.00 30700000.00 0.00 0.00 152000000.00 10 1.99 1.99 1.99 1.99 3.98 3.98 Notes: 1. The Statement has been prepared in accordance with the Companies (Indian Accounting Standard) Rules, 2015 (Ind AS) prescribed under Section 133 of Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable. 2. Residual value of Property, Plant and Equipment (PPE) is considered as Nil for the purpose of depreciation calculation. 3. The selling price of crude oil is determined at the prevailing international market rates in US Dollars. Fluctuations in the international price of crude oil and Dollar vs Rupee Exchange rates, affect the profitability of the company. 4. The Company operates in a single segment of production of Oil and Natural gas. Therefore, Ind AS-108 on Segment Reporting is not applicable to the Company. 5. Blackbuck Energy Investments Limited (“the Acquirer”) along with Antelopus Energy Private Limited (“PAC”) has entered into a share purchase agreement (“Share Purchase Agreement” or “SPA”) dated March 17, 2022 with Mr. Rohit Kapur, Mrs. Rohini Kapur, Mrs. Raj Kapur and Winton Roavic LLP i.e. the Sellers, pursuant to which the Acquirer alongwith the PAC has agreed to acquire from the Sellers a minimum of 31,92,000 (Thirty One Lakhs and Ninety Two Thousand Only) Equity Shares of Selan Exploration Technology Limited ( “Target Company”) representing 21.00% of the Voting Share Capital and upto a maximum of 38,15,200 (Thirty Eight Lakhs and Fifteen Thousand Two Hundred Only) Equity Shares representing 25.10% of the Voting Share Capital, at Rs. 200.00/- (Rupees Two Hundred Only) per Equity Share, subject to the satisfaction of certain conditions precedent (including, but not limited to, receipt of the Required Statutory/Regulatory Approvals) under the Share Purchase Agreement. As per the provisions of the SPA and subject to the conditions precedents therein, upon completion of the Open Offer and the Underlying Transaction, if the shareholding of the Acquirer in the Target Company computed as the sum of: (a) number of Equity Shares validly tendered by the Public Shareholders and accepted in the Open Offer; and (b) the Equity Shares agreed to be purchased by the Acquirer from the Sellers under the SPA, is below 25.10% of the Voting Share Capital of Target Company, then the Acquirer will acquire such number of additional Equity Shares from the Sellers pursuant to the SPA so as to ensure that the aggregate shareholding of the Acquirer in the Target Company is 25.10% of the Voting Share Capital of Target Company upon completion of the Transaction. The Share Purchase Agreement also sets forth the terms and conditions agreed between the Acquirer and the Sellers, and their respective rights and obligations. Since the Acquirer has entered into the SPA to acquire voting rights which may be in excess of 25% of the Voting Share Capital and control over the Target Company, the Open Offer is pursuant to Regulation 3(1) and Regulation 4 of the SEBI (SAST) Regulations, 2011. Pursuant to the Open Offer and consummation of the Underlying Transaction, the Acquirer will have control over the Target Company and the Acquirer and PAC shall become the promoter and promoter group respectively, of the Target Company in accordance with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI (LODR) Regulations”) and the Sellers will cease to be the promoter and/or promoter group of the Target Company. Accordingly, the Sellers will be re-classified from promoter and/or promoter group to public, subject to receipt of necessary approvals required in terms of the SEBI (LODR) Regulations and conditions prescribed therein. Single segment 2021-04-01 2022-03-31 Audited Standalone 773100000.00 75100000.00 848200000.00 0.00 0.00 800000.00 47000000.00 900000.00 22500000.00 651100000.00 722300000.00 125900000.00 0.00 125900000.00 60400000.00 -34200000.00 26200000.00 0.00 99700000.00 0.00 0.00 0.00 0.00 99700000.00 -100000.00 99600000.00 0.00 0.00 152000000.00 10 3135300000.00 6.53 6.53 6.53 6.53 13.06 13.06 Development of Hydrocarbon Properties amortised 58000000.00 Operating Expenses 31600000.00 Other expenses 33700000.00 Royalty & Cess 80100000.00 Development of Hydrocarbon Properties amortised 198700000.00 Operating Expenses 110400000.00 Other expenses 81600000.00 Royalty & Cess 260400000.00 0.00 -12894000.00 -62308000.00 0.00 8213000.00 0.00 0.00 -361937000.00 0.00 -402000.00 0.00 11825000.00 0.00 221180000.00 0.00 0.00 6662000.00 -2464000.00 0.00 0.00 0.00 13961000.00 0.00 -37749000.00 0.00 -394000.00 0.00 687000.00 0.00 -243542000.00 -117642000.00 0.00 0.00 0.00 60800000.00 0.00 -178442000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1042000.00 6992000.00 0.00 17075000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -52211000.00 0.00 0.00 0.00 0.00 0.00 0.00 13961000.00 0.00 0.00 0.00 -61275000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3497000.00 76000000.00 0.00 0.00 0.00 -79497000.00 -319214000.00 0.00 -319214000.00 354504000.00 35290000.00