| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|
OIL AND NATURAL GAS SALES (Note 7) | |||||||||||
570,983 | 613,431 | 421,734 | 289,269 | 276,011 | 559,398 | 646,955 | 503,467 | 596,191 | 373,286 | 262,629 | 112,805 |
Total revenue and other income | |||||||||||
- | - | - | - | - | - | - | 505,176 | 597,407 | 374,460 | 263,716 | 114,029 |
EXPENSES | |||||||||||
Operating | |||||||||||
142,086 | 111,272 | 87,855 | 64,173 | 75,565 | 89,753 | 91,223 | 92,207 | 86,497 | 59,446 | 40,784 | 19,218 |
Workover | |||||||||||
41,118 | 34,437 | 22,014 | 22,752 | - | - | - | - | - | - | - | - |
Transportation | |||||||||||
20,400 | 28,993 | 25,107 | 31,776 | 40,204 | 24,196 | 18,949 | - | - | - | - | - |
Results of Operations, Depreciation, Depletion, Amortization and Accretion | |||||||||||
225,033 | 197,867 | 131,335 | 139,535 | 176,386 | 185,877 | 200,851 | 150,570 | 231,235 | 163,573 | 135,863 | 25,737 |
Impairment of Oil and Gas Properties | |||||||||||
0 | 0 | 1,514 | 616,649 | 323,918 | 265,126 | 2,000 | - | - | - | - | - |
General and administrative | |||||||||||
34,730 | 39,483 | 39,014 | 33,218 | 32,353 | 51,249 | 41,115 | 46,659 | 60,389 | 40,241 | 28,787 | 18,593 |
Severance | |||||||||||
1,771 | 2,361 | 1,287 | 1,319 | 8,990 | 0 | 0 | - | - | - | - | - |
Transaction | |||||||||||
- | - | - | 7,325 | 0 | 0 | - | - | - | - | - | - |
Equity tax | |||||||||||
0 | 0 | 1,224 | 3,098 | 3,769 | 0 | 0 | - | 8,271 | 0 | 0 | - |
Gain on acquisition (Note 3) | |||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | - |
Foreign exchange loss (gain) | |||||||||||
-627 | -9,957 | -2,067 | 1,469 | 17,242 | 39,535 | 18,693 | -28,727 | 11 | -16,838 | -19,797 | -6,235 |
Gain (Loss) on Investments and Derivative Instruments, Net, Pretax | |||||||||||
46,215 | -12,296 | -15,929 | -10,279 | -2,027 | -4,722 | 0 | 0 | 1,522 | 44 | -190 | 193 |
Other gain | |||||||||||
- | - | - | - | 502 | 2,000 | -4,400 | 0 | 0 | 0 | - | - |
Interest Expense, Debt | |||||||||||
43,268 | 27,364 | 13,882 | 14,145 | 0 | 0 | - | - | - | - | - | - |
Other gain | |||||||||||
- | - | - | - | - | - | 0 | 9,336 | 0 | - | - | - |
EXPENSES | |||||||||||
462,818 | 464,030 | 341,228 | 942,800 | 645,468 | 579,388 | 339,845 | 308,827 | 363,160 | 280,054 | 225,421 | 69,590 |
OTHER LOSS (Notes 5, 6 and 10) | |||||||||||
12,886 | 0 | 44,385 | 929 | - | - | - | - | - | - | - | - |
(LOSS) ON SALE OF BUSINESS UNITS (NOTE 3 and 5) AND GAIN ON ACQUISITION | |||||||||||
- | - | - | - | 0 | - | - | - | 21,699 | - | - | - |
INTEREST INCOME | |||||||||||
696 | 2,086 | 1,209 | 2,368 | 1,369 | 2,856 | 2,174 | 1,709 | 1,216 | 1,174 | 1,087 | 1,224 |
(LOSS) INCOME BEFORE INCOME TAXES | |||||||||||
95,975 | 151,487 | 37,330 | -650,234 | -368,088 | -17,134 | 309,284 | 196,349 | 234,247 | 94,406 | 38,295 | 44,439 |
INCOME TAX EXPENSE | |||||||||||
Current (Note 8) | |||||||||||
17,058 | 43,903 | 24,322 | 20,122 | 15,383 | 92,865 | 157,126 | - | - | - | - | - |
Deferred Income Tax Expense (Benefit) | |||||||||||
40,227 | 4,968 | 44,716 | -204,791 | -115,442 | 34,350 | -28,865 | - | - | - | - | - |
INCOME TAX EXPENSE | |||||||||||
57,285 | 48,871 | 69,038 | -184,669 | -100,059 | 127,215 | 128,261 | 96,267 | 107,330 | 57,234 | 24,354 | 20,944 |
LOSS FROM CONTINUING OPERATIONS | |||||||||||
- | - | - | - | - | -144,349 | 181,023 | 100,082 | - | - | - | - |
Loss from discontinued operations, net of income taxes (Note 4) | |||||||||||
- | - | - | - | - | -26,990 | -54,735 | -423 | - | - | - | - |
Net Income (Loss) Attributable to Parent | |||||||||||
38,690 | 102,616 | -31,708 | -465,565 | -268,029 | -171,339 | 126,288 | 99,659 | 126,917 | 37,172 | 13,941 | 23,495 |
NET (LOSS) INCOME PER SHARE | |||||||||||
LOSS FROM CONTINUING OPERATIONS (in dollars per share) | |||||||||||
- | - | - | - | - | -0.51 | 0.64 | 0.35 | - | - | - | - |
LOSS FROM DISCONTINUED OPERATIONS, NET OF INCOME TAXES (in dollars per share) | |||||||||||
- | - | - | - | - | -0.09 | - | - | - | - | - | - |
Basic and diluted (in dollars per share) | |||||||||||
- | - | - | - | -0.94 | -0.60 | - | - | - | - | - | - |
WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC AND DILUTED (in shares) | |||||||||||
- | - | - | - | 285,333 | 284,715 | - | - | - | - | - | - |
COMPREHENSIVE INCOME (LOSS) | |||||||||||
- | - | - | - | - | - | 126,288 | - | - | - | - | - |
BASIC | |||||||||||
LOSS FROM DISCONTINUED OPERATIONS, NET OF INCOME TAXES (in dollars per share) | |||||||||||
- | - | - | - | - | - | -0.19 | 0.00 | - | - | - | - |
NET INCOME (LOSS) PER SHARE - BASIC (in USD per share) | |||||||||||
0.10 | 0.26 | -0.08 | -1.45 | - | - | 0.45 | 0.35 | 0.46 | 0.15 | 0.06 | 0.19 |
DILUTED | |||||||||||
(LOSS) INCOME FROM CONTINUING OPERATIONS (in dollars per share) | |||||||||||
- | - | - | - | - | - | 0.63 | 0.35 | - | - | - | - |
LOSS FROM DISCONTINUED OPERATIONS, NET OF INCOME TAXES (in dollars per share) | |||||||||||
- | - | - | - | - | - | -0.19 | 0.00 | - | - | - | - |
NET INCOME (LOSS) PER SHARE - DILUTED (in USD per share) | |||||||||||
0.10 | 0.26 | -0.08 | -1.45 | - | - | 0.44 | 0.35 | 0.45 | 0.14 | 0.05 | 0.16 |
Weighted Average Number of Shares Outstanding, Basic | |||||||||||
376,495 | 390,930 | 396,683 | 320,851 | - | - | 282,808 | 280,741 | 273,491 | 253,697 | 241,258 | 123,421 |
Weighted Average Number of Shares Outstanding, Diluted | |||||||||||
376,507 | 427,119 | 396,683 | 320,851 | - | - | 286,127 | 284,172 | 281,287 | 264,304 | 253,590 | 143,194 |