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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]          
OIL SALES (Note 8) $ 135,319 $ 53,142 $ 327,435 $ 173,045  
EXPENSES          
Operating 37,567 20,721 92,623 84,673  
Transportation 3,021 1,286 8,448 8,549  
COVID-19 related costs (Note 9) 990 1,108 3,026 1,529  
Depletion, depreciation and accretion 38,055 31,340 98,300 131,118  
Goodwill impairment (Note 5) 0 0 0 102,581  
Asset impairment (Note 5) 0 104,731 0 507,093  
General and administrative 6,497 4,562 25,072 16,476  
Severance 0 122 919 1,469  
Foreign exchange loss 2,650 4,275 15,824 20,094  
Derivative instruments loss (gain) (Note 12) 2,603 (2,173) 47,540 (9,417)  
Other financial instruments (gain) loss (Note 12) (13,634) 1,460 (12,425) 61,286  
Other loss 0 67 0 67  
Interest expense (Note 6) 13,608 14,029 41,355 40,204  
EXPENSES 91,357 181,528 320,682 965,722  
INTEREST INCOME 0 0 0 345  
INCOME (LOSS) BEFORE INCOME TAXES 43,962 (128,386) 6,753 (792,332)  
INCOME TAX EXPENSE (RECOVERY)          
Current (Note 10) 0 637 (14) 560  
Deferred (Note 10) 8,955 (21,202) 26,809 (62,796)  
INCOME TAX EXPENSE (RECOVERY) 8,955 (20,565) 26,795 (62,236)  
NET AND COMPREHENSIVE INCOME (LOSS) 35,007 (107,821) (20,042) (730,096)  
NET AND COMPREHENSIVE INCOME (LOSS) $ 35,007 $ (107,821) $ (20,042) $ (730,096)  
NET INCOME (LOSS) PER SHARE          
BASIC (in dollars per share) $ 0.10 $ (0.29) $ (0.05) $ (1.99)  
DILUTED (in dollars per share) $ 0.10 $ (0.29) $ (0.05)   $ (1.99)
WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC (Note 7) (in shares) 366,992,802 366,981,556 366,985,646 366,981,556  
WEIGHTED AVERAGE SHARES OUTSTANDING - DILUTED (Note 7) (in shares) 367,740,722 366,981,556 366,985,646 366,981,556