The Group recognizes the liability for an asset retirement obligation at the estimated fair value in the period in which

the obligation originates. Fair value is estimated using the present value technique (level 2) based on a number of

observable inputs including estimates and assumptions such as future retirement costs, future inflation rates and the

Group’s credit-adjusted risk-free interest rate.

The Group capitalized the present value of the estimated asset retirement obligations as a part of the carrying amount

of the related natural gas properties. The liability has been accreted to its present value for nine months ended March 31,

The reconciliation of changes in asset retirement obligations for the nine months ended March 31, 2026, is as follows


	Nine months ended March 31, 2026
Beginning asset retirement obligations	$9,649
Liabilities incurred	60
Accretion expense	908
Effect of changes in foreign exchange rates	436
Long-term asset retirement obligations	$11,053