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CONSOLIDATED STATEMENT OF INCOME - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]      
REVENUE $ 628,907,000 $ 601,161,000 $ 330,122,000
Commodity risk management contracts (22,523,000) 16,173,000 (15,448,000)
Production and operating costs (168,964,000) (174,260,000) (98,987,000)
Geological and geophysical expenses (18,593,000) (13,951,000) (7,694,000)
Administrative expenses (60,818,000) (52,074,000) (42,054,000)
Selling expenses (14,113,000) (4,023,000) (1,136,000)
Depreciation (105,532,000) (92,240,000) (74,885,000)
Write-off of unsuccessful exploration efforts (18,290,000) (26,389,000) (5,834,000)
Impairment loss (recognized) reversed for non-financial assets (7,559,000) 4,982,000 0
Other expenses (1,840,000) (2,887,000) (5,088,000)
OPERATING PROFIT 210,675,000 256,492,000 78,996,000
Financial expenses (41,070,000) (39,321,000) (53,511,000)
Financial income 2,360,000 3,059,000 2,016,000
Foreign exchange loss (2,446,000) (11,323,000) (2,193,000)
PROFIT BEFORE INCOME TAX 169,519,000 208,907,000 25,308,000
Income tax expense (111,762,000) (106,240,000) (43,145,000)
PROFIT (LOSS) FOR THE YEAR 57,757,000 102,667,000 (17,837,000)
Attributable to:      
Owners of the Company $ 57,757,000 72,415,000 (24,228,000)
Non-controlling interest   $ 30,252,000 $ 6,391,000
Earnings (Losses) per share (in US$) for profit (loss) attributable to owners of the Company. Basic $ 0.96 $ 1.19 $ (0.40)
Earnings (Losses) per share (in US$) for profit (loss) attributable to owners of the Company. Diluted $ 0.92 $ 1.11 $ (0.40)