SELAN2023-07-012023-09-30 SELAN2023-07-012023-09-30 SELAN2023-07-012023-09-30in-bse-fin:OneOperatingExpenses01Member SELAN2023-07-012023-09-30in-bse-fin:OneOperatingExpenses02Member SELAN2023-07-012023-09-30in-bse-fin:OneOperatingExpenses03Member SELAN2023-07-012023-09-30in-bse-fin:OneOperatingExpenses04Member SELAN2023-07-012023-09-30in-bse-fin:OneOperatingExpenses05Member SELAN2023-07-012023-09-30in-bse-fin:FourOperatingExpenses01Member SELAN2023-07-012023-09-30in-bse-fin:FourOperatingExpenses02Member SELAN2023-07-012023-09-30in-bse-fin:FourOperatingExpenses03Member SELAN2023-07-012023-09-30in-bse-fin:FourOperatingExpenses04Member SELAN2023-07-012023-09-30in-bse-fin:FourOperatingExpenses05Member SELAN2023-09-30 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 530075 SELAN NOTLISTED Selan Exploration Technology Limited Equity 2023-04-01 2024-03-31 2023-10-16 2023-10-09 INR Lakhs Half yearly 16:00:00 17:00:00 2023-10-16 2023-10-16 true Cash Flow Indirect Not applicable Single segment Crude Oil & Natural Gas 2023-07-01 2023-09-30 Unaudited Standalone 391900000.00 29400000.00 421300000.00 0.00 0.00 -4600000.00 28900000.00 1100000.00 8000000.00 261200000.00 294600000.00 126700000.00 0.00 126700000.00 0.00 32500000.00 32500000.00 0.00 94200000.00 0.00 0.00 0.00 0.00 94200000.00 -500000.00 93700000.00 0.00 0.00 152000000.00 10 6.20 6.20 0.00 0.00 6.20 6.20 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. 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. 3. 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. 4. The Registrar of Companies ('ROC'), Delhi has provided Certificate of Registration of Regional Director Order for change of state from the National Capital Territory of Delhi to the state of Haryana on 10th July, 2023. The New Registered office address of the Company is Unit No. 455-457, 4th Floor, JMD Megapolis, Sector-48, Sohna Road, Gurgaon, Haryana-122018 and the new Corporate Identification No. of the Company is CIN-L74899HR1985PLC113196. 5. During the current quarter, Company has granted 2,20,181 Employee Stock Options ( Options ) to its employees, convertible into equal number of Equity Shares of the Company at face value of Rs. 10/- each, under the Selan Exploration Technology Limited Employees' Stock Option Scheme - 2022. 6. During the current quarter, Company has re-commenced commercial production and sales of oil and gas from the Karjisan field post drilling of replacement development and new appraisal wells. 7. In the Board Meeting held on 25 September 2023, Board of Directors of the Company have considered the option of merger of Antelopus Energy Private Limited and the Company, under Section 230 to 232 and other applicable provisions of the Companies Act, 2013 and the rules made thereunder, as a suitable option. The process of merger including the Scheme of Arrangement shall be subject to detailed tax and regulatory reviews, board & audit committee approvals, recommendation of fair valuations & exchange ratios and necessary approvals by the Bombay Stock Exchange (“BSE”), National Stock Exchange of India Limited (“NSE”), Securities and Exchange Board of India, shareholders and creditors of the companies, as may be applicable, the National Company Law Tribunal (“NCLT”), Chandigarh Bench and such other statutory and regulatory approvals as may be required. 8. It has been considered appropriate to show the development expenses of oil wells under 'Development of Hydrocarbon Properties' as a separate item. Development of hydrocarbon properties includes the cost incurred on the collection of seismic data, drilling of wells and other associated drilling related costs, reservoir modeling costs and other related expenditures on development of oil fields. Amortisation for the same is done on a straight line basis over the remaining / extended lease period, as considered appropriate by the Management, as this method most closely reflects the expected pattern of consumption of the future economic benefits embodied in the asset and this method is applied consistently from period to period. 9. Previous period figures have been reclassified / regrouped / restated, wherever necessary. 10. The above results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 16th October 2023. The above results have been reviewed by the Statutory Auditor of the Company. Single segment 2023-04-01 2023-09-30 Unaudited Standalone 673100000.00 63500000.00 736600000.00 0.00 0.00 -3200000.00 50000000.00 2000000.00 14900000.00 470100000.00 533800000.00 202800000.00 0.00 202800000.00 5100000.00 53100000.00 58200000.00 0.00 144600000.00 0.00 0.00 0.00 0.00 144600000.00 -1900000.00 142700000.00 0.00 0.00 152000000.00 10 9.51 9.51 0.00 0.00 9.51 9.51 Development of Hydrocarbon Properties amortised 83300000.00 Handling and Processing Charges 5600000.00 Operating Expenses 32800000.00 Other expenses 38400000.00 Royalty and Cess 101100000.00 Development of Hydrocarbon Properties amortised 145900000.00 Handling and Processing Charges 11400000.00 Operating Expenses 64000000.00 Other expenses 65600000.00 Royalty and Cess 183200000.00 131100000.00 2404200000.00 0.00 0.00 0.00 0.00 0.00 0.00 50100000.00 0.00 0.00 54000000.00 104100000.00 3600000.00 17300000.00 2660300000.00 196500000.00 1093200000.00 218800000.00 29500000.00 252200000.00 0.00 10900000.00 1604600000.00 0.00 31100000.00 1832200000.00 0.00 0.00 4492500000.00 152000000.00 3589600000.00 3741600000.00 3741600000.00 0.00 0.00 33100000.00 33100000.00 9600000.00 490100000.00 0.00 0.00 532800000.00 0.00 137300000.00 19600000.00 156900000.00 61200000.00 0.00 0.00 0.00 218100000.00 0.00 0.00 750900000.00 4492500000.00 1800000.00 38900000.00 -30400000.00 0.00 -7600000.00 0.00 -19400000.00 145900000.00 0.00 19600000.00 0.00 24500000.00 1800000.00 -14900000.00 0.00 0.00 0.00 -37200000.00 0.00 0.00 0.00 -13200000.00 0.00 0.00 0.00 -11000000.00 0.00 0.00 0.00 125200000.00 328000000.00 0.00 0.00 0.00 18600000.00 0.00 309400000.00 0.00 0.00 1079700000.00 15600000.00 0.00 0.00 0.00 0.00 0.00 65200000.00 0.00 403200000.00 0.00 0.00 0.00 0.00 0.00 889500000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 11300000.00 0.00 0.00 0.00 -282500000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3500000.00 0.00 0.00 200000.00 0.00 0.00 -3700000.00 23200000.00 0.00 23200000.00 6300000.00 29500000.00 800000.00 2500000.00 -300000.00 -600000.00