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Asset Retirement Obligation (Tables)
12 Months Ended
Dec. 31, 2019
Other Provisions Contingent Liabilities And Contingent Assets [Abstract]  
Asset retirement obligation rollforward

The following table reconciles the change in TransGlobe's asset retirement obligation:

($000s)

 

2019

 

Balance, beginning of year

 

 

12,113

 

Changes in estimates for asset retirement obligations and additional obligations recognized

 

 

746

 

Obligations settled

 

 

(46

)

Asset retirement obligation accretion

 

 

215

 

Effect of movements in foreign exchange rates

 

 

584

 

Balance, end of year

 

 

13,612