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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating Activities      
Net income (loss) $ 42,482,000 $ (777,967,000) $ 38,690,000
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
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
Deferred tax (recovery) expense (Note 13) (23,825,000) (76,148,000) 40,227,000
Stock-based compensation (Note 9) 8,396,000 1,216,000 1,430,000
Amortization of debt issuance costs (Note 8) 3,809,000 3,625,000 3,376,000
Non-cash lease expenses 1,667,000 1,951,000 1,806,000
Lease payments (1,621,000) (1,926,000) (1,969,000)
Unrealized foreign exchange loss 21,879,000 5,271,000 1,803,000
Derivative instruments loss (Note 15) 48,838,000 4,100,000 3,669,000
Cash settlement on derivatives instruments (Note 15) (58,427,000) 4,874,000 (3,273,000)
Other financial instruments loss (gain) (Note 15) 3,369,000 46,882,000 (49,884,000)
Cash settlement of asset retirement obligation (Note 10) (805,000) (201,000) (870,000)
Other non-cash loss 44,000 2,026,000 0
Loss on redemption of Convertible Notes 0 0 11,501,000
Net change in assets and liabilities from operating activities (Note 16) 59,154,000 36,062,000 (93,874,000)
Net cash provided by operating activities 244,834,000 81,074,000 177,665,000
Investing Activities      
Additions to property, plant and equipment (Note 5) (149,879,000) (96,281,000) (379,314,000)
Property acquisitions (Note 5) 0 0 (77,772,000)
Proceeds on disposition of investment, net of transaction costs (Note 15) 43,126,000 0 0
Changes in non-cash investing working capital 1,431,000 (48,642,000) (7,851,000)
Net cash used in investing activities (105,322,000) (144,923,000) (464,937,000)
Financing Activities      
Proceeds from issuance of Senior Notes, net of issuance costs (Note 8) 0 0 289,271,000
Proceeds from bank debt, net of issuance costs (228,000) 88,332,000 342,575,000
Repayment of debt (122,500,000) (17,000,000) (349,219,000)
Lease payments (2,182,000) (879,000) 0
Proceeds from exercise of stock options 100,000 0 0
Repurchase of shares of Common Stock (Note 9) 0 0 (37,561,000)
Net cash (used in) provided by financing activities (124,810,000) 70,453,000 245,066,000
Foreign exchange loss on cash and cash equivalents and restricted cash and cash equivalents (821,000) (156,000) (1,027,000)
Net increase (decrease) in cash and cash equivalents and restricted cash and cash equivalents 13,881,000 6,448,000 (43,233,000)
Cash and cash equivalents and restricted cash and cash equivalents, beginning of year (Note 16) 17,523,000 11,075,000 54,308,000
Cash and cash equivalents and restricted cash and cash equivalents, end of year (Note 16) $ 31,404,000 $ 17,523,000 $ 11,075,000