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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
OIL SALES (NOTE 11) $ 473,722,000 $ 237,838,000 $ 570,983,000
EXPENSES      
Operating 132,331,000 111,888,000 183,204,000
Transportation 11,315,000 10,543,000 20,400,000
COVID-19 related costs (Note 12) 3,694,000 2,679,000 0
Depletion, depreciation and accretion (Note 5 and 10) 139,874,000 164,233,000 225,033,000
Goodwill impairment (Note 6) 0 102,581,000 0
Asset impairment (Note 6) 0 564,495,000 0
General and administrative 36,263,000 25,350,000 36,501,000
Foreign exchange loss 20,477,000 4,184,000 627,000
Derivative instruments loss (Note 15) 48,838,000 2,935,000 3,669,000
Other financial instruments loss (gain) (Note 15) 3,369,000 48,047,000 (49,884,000)
Interest expense (Note 8) 54,381,000 54,140,000 43,268,000
TOTAL EXPENSES 450,542,000 1,091,075,000 462,818,000
OTHER LOSS (44,000) (469,000) (12,886,000)
INTEREST INCOME 0 345,000 696,000
INCOME (LOSS) BEFORE INCOME TAXES 23,136,000 (853,361,000) 95,975,000
INCOME TAX EXPENSE (RECOVERY)      
Current (Note 13) 4,479,000 754,000 17,058,000
Deferred (Note 13) (23,825,000) (76,148,000) 40,227,000
INCOME TAX EXPENSE (RECOVERY) (19,346,000) (75,394,000) 57,285,000
NET AND COMPREHENSIVE INCOME (LOSS) $ 42,482,000 $ (777,967,000) $ 38,690,000
NET INCOME (LOSS) PER SHARE - BASIC (in USD per share) $ 0.12 $ (2.12) $ 0.10
NET INCOME (LOSS) PER SHARE - DILUTED (in USD per share) $ 0.12 $ (2.12) $ 0.10
WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC (Note 9) (in shares) 367,022,903 366,981,556 376,495,306
WEIGHTED AVERAGE SHARES OUTSTANDING - DILUTED (Note 9) (in shares) 367,873,389 366,981,556 376,507,812