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Consolidated Statements of Loss and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
REVENUE    
Petroleum and natural gas sales, net of royalties $ 176,227 $ 148,464
Finance revenue 570 108
Revenue 176,797 148,572
EXPENSES    
Production and operating 53,298 51,005
Selling costs 2,103 2,495
General and administrative 18,688 15,253
Foreign exchange (gain) loss (289) 194
Finance costs 5,075 6,233
Depletion, depreciation and amortization 34,291 40,036
Asset retirement obligation accretion 270 256
Loss on financial instruments 7,051 10,992
Impairment loss 14,500 79,025
Gains (losses) on disposals of non-current assets (207) 0
Total expenses 134,780 205,489
Earnings (loss) before income taxes 42,017 (56,917)
Income tax expense – current 26,340 21,819
NET EARNINGS (LOSS) 15,677 (78,736)
OTHER COMPREHENSIVE INCOME (LOSS)    
Currency translation adjustments (3,732) 2,793
COMPREHENSIVE INCOME (LOSS) $ 11,945 $ (75,943)
Earnings (loss) per share    
Basic (in dollars per share) $ 0.22 $ (1.09)
Diluted (in dollars per share) $ 0.22 $ (1.09)