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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]      
OIL AND NATURAL GAS SALES (NOTE 9) $ 570,983 $ 613,431 $ 421,734
EXPENSES      
Operating 142,086 111,272 87,855
Workover 41,118 34,437 22,014
Transportation 20,400 28,993 25,107
Depletion, depreciation and accretion (Note 5) 225,033 197,867 131,335
Asset impairment (Note 5) 0 0 1,514
General and administrative 34,730 39,483 39,014
Severance 1,771 2,361 1,287
Equity tax 0 0 1,224
Foreign exchange loss 627 9,957 2,067
Financial instruments (gain) loss (Note 13) (46,215) 12,296 15,929
Interest expense (Note 6) 43,268 27,364 13,882
TOTAL EXPENSES 462,818 464,030 341,228
OTHER LOSS (Notes 5, 6 and 10) (12,886) 0 (44,385)
INTEREST INCOME 696 2,086 1,209
INCOME BEFORE INCOME TAXES 95,975 151,487 37,330
INCOME TAX EXPENSE      
Current (Note 10) 17,058 43,903 24,322
Deferred (Note 10) 40,227 4,968 44,716
INCOME TAX EXPENSE (RECOVERY) 57,285 48,871 69,038
NET AND COMPREHENSIVE INCOME (LOSS) $ 38,690 $ 102,616 $ (31,708)
NET INCOME (LOSS) PER SHARE - BASIC (in USD per share) $ 0.10 $ 0.26 $ (0.08)
NET INCOME (LOSS) PER SHARE - DILUTED (in USD per share) $ 0.10 $ 0.26 $ (0.08)
WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC (Note 7) (in shares) 376,495,306 390,930,453 396,683,593
WEIGHTED AVERAGE SHARES OUTSTANDING - DILUTED (Note 7) (in shares) 376,507,812 427,119,872 396,683,593