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Property, Plant and Equipment (Tables)
12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
Schedule of Property, Plant and Equipment

 
As at December 31,
(Thousands of U.S. Dollars)
2019
 
2018
Oil and natural gas properties
 
 
 

  Proved
$
3,850,565

 
$
3,226,811

  Unproved
310,809

 
456,598

 
4,161,374

 
3,683,409

Other(1)
26,287

 
19,549

 
4,187,661

 
3,702,958

Accumulated depletion and depreciation
(2,610,268
)
 
(2,390,181
)
 
$
1,577,393

 
$
1,312,777


(1) Included in other is right-of-use assets for operating and finance leases which totaled $5.7 million as at December 31, 2019 (December 31, 2018 - nil).
Schedule of Asset Impairment
Asset impairment for the three years ended December 31, 2019, was as follows:

(Thousands of U.S. Dollars)
Year Ended December 31,
 
2019
 
2018
 
2017
Impairment of oil and gas properties
$

 
$

 
$
1,514


Schedule of Asset Acquisition
(Thousands of U.S. Dollars)
 
Cost of asset acquisition:
 
Cash
$
79,100

Promissory note
1,500

 
$
80,600

 
 
Allocation of Consideration Paid:
 
Oil and gas properties
 
  Proved
$
52,530

  Unproved
44,768

 
97,298

Net working capital (including cash acquired of $5.3 million)
(16,698
)
 
$
80,600


Summary of Oil and Natural Gas Properties
The following is a summary of Gran Tierra’s oil and natural gas properties not subject to depletion as at December 31, 2019:
 
Costs Incurred in
(Thousands of U.S. Dollars)
2019
 
2018
 
2017
 
Prior to 2017

Total
Acquisition costs - Colombia
$
21,773

 
$
14,115

 
$
10,700

 
$
135,202

 
$
181,790

Exploration costs - Colombia
56,454

 
34,349

 
12,209

 
22,799

 
125,811

Exploration costs - Ecuador
3,208

 

 

 

 
3,208

 
$
81,435

 
$
48,464


$
22,909


$
158,001


$
310,809