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CONSOLIDATED STATEMENT OF INCOME - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
CONSOLIDATED STATEMENT OF INCOME      
REVENUE $ 492,518,000 $ 660,838,000 $ 756,625,000
Production and operating costs (141,059,000) (164,034,000) (232,325,000)
Geological and geophysical expenses (10,538,000) (12,595,000) (11,192,000)
Administrative expenses (40,544,000) (49,534,000) (43,969,000)
Selling expenses (20,909,000) (14,914,000) (13,084,000)
Depreciation (117,190,000) (130,659,000) (120,934,000)
Write-off of unsuccessful exploration efforts (13,422,000) (14,779,000) (29,563,000)
Impairment loss for non-financial assets (30,989,000) 0 (13,332,000)
Other (expenses) income, net (7,324,000) (777,000) (21,319,000)
OPERATING PROFIT 110,543,000 273,546,000 270,907,000
Financial expenses (76,324,000) (51,551,000) (45,815,000)
Financial income 21,718,000 8,016,000 6,237,000
Foreign exchange (loss) gain (7,286,000) 12,160,000 (16,820,000)
PROFIT BEFORE INCOME TAX 48,651,000 242,171,000 214,509,000
Income tax benefit (expense) 1,016,000 (145,792,000) (103,441,000)
PROFIT FOR THE YEAR $ 49,667,000 $ 96,379,000 $ 111,068,000
Earnings per share (in US$). Basic $ 0.96 $ 1.84 $ 1.95
Earnings per share (in US$). Diluted $ 0.95 $ 1.81 $ 1.94