Disclosure Of Exploration And Evaluation Assets [Text Block]

OMV Petrom S.A. - Filing #1878806

Concept 2022-01-01 to
2022-12-31
2021-01-01 to
2021-12-31
Disclosure of exploration and evaluation assets [text block]
Oil and gas assets with unproved reserves include mainly expenditure capitalized in relation to Neptun project. OMV Petrom remains keen to see the Neptun Deep strategic project being developed. Based on management assessment it was concluded that there were no impairment triggers as at December 31, 2022 and 2021.
Description of accounting policy for exploration and evaluation expenditures [text block]
d) Exploration and evaluation expenditure
Expense arising from exploration for and evaluation of mineral resources
134,410,000 RON
203,360,000 RON

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