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CONSOLIDATED STATEMENT OF INCOME - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
CONSOLIDATED STATEMENT OF INCOME      
REVENUE $ 1,049,579,000 $ 688,543,000 $ 393,692,000
Commodity risk management contracts (loss) gain (70,221,000) (109,191,000) 8,081,000
Production and operating costs (359,779,000) (212,790,000) (125,072,000)
Geological and geophysical expenses (10,529,000) (7,891,000) (14,951,000)
Administrative expenses (50,024,000) (46,828,000) (50,315,000)
Selling expenses (7,995,000) (8,730,000) (5,844,000)
Depreciation (96,692,000) (88,969,000) (118,073,000)
Write-off of unsuccessful exploration efforts (25,789,000) (12,262,000) (52,652,000)
Impairment loss for non-financial assets, net 0 (4,334,000) (133,864,000)
Other income (expenses) 527,000 (11,739,000) (11,665,000)
OPERATING PROFIT (LOSS) 429,077,000 185,809,000 (110,663,000)
Financial expenses (57,073,000) (64,112,000) (64,582,000)
Financial income 3,180,000 1,652,000 3,166,000
Foreign exchange gain (loss) 19,725,000 5,049,000 (13,008,000)
PROFIT (LOSS) BEFORE INCOME TAX 394,909,000 128,398,000 (185,087,000)
Income tax expense (170,474,000) (67,271,000) (47,863,000)
PROFIT (LOSS) FOR THE YEAR $ 224,435,000 $ 61,127,000 $ (232,950,000)
Earnings (Losses) per share (in US$). Basic $ 3.78 $ 1.00 $ (3.84)
Earnings (Losses) per share (in US$). Diluted $ 3.75 $ 0.99 $ (3.84)