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Consolidated Balance Sheets - CAD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 151,649 $ 363,327
Accounts receivable 176,119 145,206
Income tax receivable 27,770 55,172
Derivative financial assets 10,570 59,258
Other current assets 2,990 8,928
Total Current Assets 369,098 631,891
Property, plant and equipment:    
Oil and natural gas properties (full cost method) 1,547,362 1,293,941
Other capital assets, net 20,244 13,130
Property, plant and equipment 1,567,606 1,307,071
Right of use assets 48,729  
Goodwill 194,015 654,799
Derivative financial assets   32,220
Deferred income tax asset 372,502 465,124
Income tax receivable 13,852 27,195
Total Assets 2,565,802 3,118,300
Current liabilities    
Accounts payable 291,540 290,045
Dividends payable 2,217 2,395
Current portion of long-term debt 105,998 60,001
Derivative financial liabilities 2,734 1,909
Current portion of lease liabilities 17,541  
Total Current Liabilities 420,030 354,350
Long-term debt 500,635 636,849
Asset retirement obligation 138,049 126,112
Lease liabilities 35,530  
Total Non-current Liabilities 674,214 762,961
Total Liabilities 1,094,244 1,117,311
Shareholders' Equity    
Share capital - authorized unlimited common shares, no par value Issued and outstanding: December 31, 2019 - 222 million shares December 31, 2018 - 239 million shares 3,088,094 3,337,608
Paid-in capital 59,490 46,524
Accumulated deficit (1,984,365) (1,772,084)
Accumulated other comprehensive income 308,339 388,941
Total Shareholders' Equity 1,471,558 2,000,989
Total Liabilities & Shareholders' Equity 2,565,802 3,118,300
Commitments and Contingencies