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Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2019
Disclosure Of Discontinued Operations [Abstract]  
Results of Discontinued Operations

The following table presents the results of discontinued operations, including asset sales:

For the years ended December 31,

 

2018

 

 

 

2017

 

Revenues

 

 

 

 

 

 

 

Gross Sales

 

14

 

 

 

1,309

 

Less: Royalties

 

3

 

 

 

174

 

 

 

11

 

 

 

1,135

 

Expenses

 

 

 

 

 

 

 

Transportation and Blending

 

1

 

 

 

167

 

Operating

 

(28

)

 

 

426

 

Production and Mineral Taxes

 

1

 

 

 

18

 

(Gain) Loss on Risk Management

 

-

 

 

 

33

 

Operating Margin

 

37

 

 

 

491

 

Depreciation, Depletion and Amortization

 

-

 

 

 

192

 

Exploration Expense

 

-

 

 

 

2

 

Finance Costs

 

1

 

 

 

80

 

Earnings (Loss) From Discontinued Operations Before Income Tax

 

36

 

 

 

217

 

Current Tax Expense (Recovery)

 

-

 

 

 

24

 

Deferred Tax Expense (Recovery)

 

9

 

 

 

33

 

After-tax Earnings (Loss) From Discontinued Operations

 

27

 

 

 

160

 

After-tax Gain (Loss) on Discontinuance (1)

 

220

 

 

 

938

 

Net Earnings (Loss) From Discontinued Operations

 

247

 

 

 

1,098

 

(1)

Net of deferred tax expense of $81 million in 2018 (2017 – $347 million).

 

Cash Flow from Discontinued Operation

Cash flows from discontinued operations reported in the Consolidated Statement of Cash Flows are: