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ASSET RETIREMENT OBLIGATIONS (TABLES)
 3 Months Ended
Mar. 31, 2021
ASSET RETIREMENT OBLIGATIONS (TABLES)  
Schedule of reconciliation of long-term legal obligations of oil and natural obligations

 

March 31,

2021

 

 

December 31,

2020

 

Carrying amount at beginning of period

 

 $ 46,748

 

 

 $ 71,150

 

Acquisition of Viking

 

 

 -

 

 

 

 -

 

Accretion

 

 

 3,970

 

 

 

 58,25

 

Dispositions

 

 

 

 

 

 

 (30,227 )

Revisions of previous estimates

 

 

 

 

 

 

 5,825

 

Carrying amount at end of period

 

 $ 50,718

 

 

 $ 46,748