Commitments and Contingencies Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2018

Commitments and Contingencies [Abstract]

Disclosure of maturity analysis for non-derivative financial liabilities [text block]

The following are the contractual maturities of financial liabilities at December 31, 2018:

($000s)		Payment Due by Period1,2
	Recognized
	in Financial	Contractual	Less than
	Statements	Cash Flows	1 year	1-3 years
Accounts payable and accrued liabilities	Yes - Liability	28,007	28,007	—
Long-term debt	Yes - Liability	52,355	—	52,355
Other long-term liabilities	Yes - Liability	1,007	—	1,007
Office and equipment leases3	No	2,949	1,985	964
Total		84,318	29,992	54,326
1  Payments exclude on-going operating costs, finance costs and payments required to settle derivatives.
2  Payments denominated in foreign currencies have been translated at December 31, 2018 exchange rates.
3  Office and equipment leases include all drilling rig contracts.

The principal commitments of the Company are as follows:

($000s)		Payment Due by Period1,2
	Recognized
	in Financial	Contractual	Less than
	Statements	Cash Flows	1 year	1-3 years
Accounts payable and accrued liabilities	Yes - Liability	28,007	28,007	—
Long-term debt	Yes - Liability	52,355	—	52,355
Other long-term liabilities	Yes - Liability	1,007	—	1,007
Office and equipment leases3	No	2,949	1,985	964
Total		84,318	29,992	54,326
1  Payments exclude ongoing operating costs, finance costs and payments made to settle derivatives.
2  Payments denominated in foreign currencies have been translated at December 31, 2018 exchange rates.
3  Office and equipment leases include all drilling rig contracts.