Asset Retirement Obligations (Tables)

6 Months Ended

Jun. 30, 2017

Table Text Blocks

Summary of the Company's ARO

(in thousands of dollars)
Balance at December 31, 2016	$	20,058
Liabilities incurred		563
Accretion of ARO liability		467
Liabilities settled due to sale of related properties		(60)
Liabilities settled due to plugging and abandonment		(56)
Liabilities related to assets held for sale		(1,143)
Change in estimate		(168)
Total ARO balance at June 30, 2017		19,661
Less: Current portion of ARO		(600)
Total long-term ARO at June 30, 2017	$	19,061