Right of use assets and lease liabilities

12 Months Ended

Dec. 31, 2025

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Right of use assets and lease liabilities

Note 14.

Right-of-use

assets and lease liabilities

The carrying amount of the Company’s

right-of-use

assets and lease liabilities, as well as the changes for the years ended December 31, 2025, and 2024, are detailed below:


	Right-of-use assets									Total lease liabilities
	Land and Buildings			Facilities and machinery			Total			Total lease liabilities
Amounts as of December 31, 2024		15,551			89,782			105,333			(95,660	)
Incorporation through Business Combination (1)		499			—			499			(594	)
Additions, net		836			124,395			125,231			(125,223	)
Depreciation (2)		(844	)		(76,936	)		(77,780	)		—
Payments		—			—			—			90,772
Interest expense (3)		—			—			—			(13,198	)

Amounts as of December 31, 2025		16,042			137,241			153,283			(143,903	)

(1)	See Note 1.2.2 and 32.

(2)	Including the depreciation of drilling services capitalized as “Works in progress” for 66,189.

(3)	Including drilling agreements capitalized as “Works in progress” for 9,878.


	Right-of-use assets									Total lease liabilities
	Land and Buildings			Facilities and machinery			Total			Total lease liabilities
Amounts as of December 31, 2023		388			60,637			61,025			(70,468	)
Additions, net		15,851			73,257			89,108			(74,759	)
Depreciation (1)		(688	)		(44,112	)		(44,800	)		—
Payments		—			—			—			56,641
Interest expense (2)		—			—			—			(7,074	)

Amounts as of December 31, 2024		15,551			89,782			105,333			(95,660	)

(1)	Including the depreciation of drilling services capitalized as “Works in progress” for 35,538.

(2)	Including drilling agreements capitalized as “Works in progress” for 3,981.

For the years ended December 31, 2025 and 2024, short-term and

low-value

lease contracts were recognized in the statement of profit or loss and other comprehensive income within “General and administrative expenses” for 194 and 121, respectively