| Dec'17 | Dec'16 | |||||
|---|---|---|---|---|---|---|
REVENUE | ||||||
Petroleum and natural gas sales, net of royalties | ||||||
148,464 | 63,134 | |||||
Finance revenue | ||||||
108 | 673 | |||||
Revenue | ||||||
148,572 | 63,807 | |||||
EXPENSES | ||||||
Production and operating | ||||||
50,212 | 40,323 | |||||
Transportation costs | ||||||
793 | 12 | |||||
Selling costs | ||||||
2,495 | 875 | |||||
General and administrative | ||||||
15,253 | 17,555 | |||||
Foreign exchange loss | ||||||
-194 | -3,607 | |||||
Finance costs | ||||||
6,233 | 6,068 | |||||
Depletion, depreciation and amortization | ||||||
40,036 | 29,177 | |||||
Accretion | ||||||
256 | 0 | |||||
Loss on financial instruments | ||||||
-10,992 | -7,983 | |||||
Impairment of exploration and evaluation assets | ||||||
79,025 | 33,426 | |||||
Total expenses | ||||||
205,489 | 139,026 | |||||
Loss before income taxes | ||||||
-56,917 | -75,219 | |||||
Income tax expense (recovery) current | ||||||
21,819 | 15,455 | |||||
Income tax expense (recovery) deferred | ||||||
0 | -3,009 | |||||
Income tax expense | ||||||
21,819 | 12,446 | |||||
NET LOSS FOR THE YEAR | ||||||
-78,736 | -87,665 | |||||
OTHER COMPREHENSIVE INCOME | ||||||
Currency translation adjustments - gain | ||||||
2,793 | 0 | |||||
COMPREHENSIVE LOSS FOR THE YEAR | ||||||
-75,943 | -87,665 | |||||
Loss per share | ||||||
Basic (in dollars per share) | ||||||
-1.09 | -1.21 | |||||
Diluted (in dollars per share) | ||||||
-1.09 | -1.21 | |||||