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## Consolidated 

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Estimates for future exploration expenditure commitments to government are based on estimated well and seismic costs, which will change as actual drilling locations and seismic surveys are organised, and are determined in current dollars on an undiscounted basis. The exploration and evaluation obligations may vary significantly as a result of renegotiations with relevant parties. 

The commitments may also be reduced by the Group entering into farm-out agreements, which are typical of the normal operating activities of the Group. 

Where exploration and evaluation expenditure included in this category relates to an existing contract for expenditure, the amount will be included in both categories (a) and (c) above. 

## Note 26. Notes to the Consolidated Statement of Cash Flows 

## Reconciliation of Loss for Financial Year to Net Cash Flows Used in Operating Activities 

## Consolidated 

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