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Consolidated Statements of Financial Position - CAD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash $ 5,572 $ 0
Trade and other receivables 173,762 111,564
Financial derivatives 5,433 79,582
Total current assets 184,767 191,146
Non-current assets    
Exploration and evaluation assets 320,210 358,935
Oil and gas properties 5,387,889 5,817,889
Other plant and equipment 7,598 9,228
Lease assets 13,619  
Total assets 5,914,083 6,377,198
Current liabilities    
Trade and other payables 207,454 258,114
Less current portion of lease obligations 5,798  
Financial derivatives 8,668 0
Onerous contracts 0 1,986
Less current portion of asset retirement obligations 11,579 0
Total current liabilities 233,499 260,100
Non-current liabilities    
Bank loan 505,412 520,700
Long-term notes 1,328,175 1,583,240
Lease obligations 8,085  
Non-current portion of asset retirement obligations 656,395 646,898
Deferred income tax liability 235,308 310,836
Total Liabilities 2,966,874 3,321,774
SHAREHOLDERS’ EQUITY    
Shareholders' capital 5,718,835 5,701,516
Contributed surplus 17,712 19,137
Accumulated other comprehensive income 556,224 667,874
Deficit (3,345,562) (3,333,103)
Total shareholders' equity 2,947,209 3,055,424
Total liabilities and shareholders' equity $ 5,914,083 $ 6,377,198