XML 49 R38.htm IDEA: XBRL DOCUMENT v3.25.1
SEGMENT INFORMATION - Schedule of Segment Activity of Continuing Operations (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues:    
Crude oil, natural gas and natural gas liquids sales $ 110,329 $ 100,155
Operating costs and expenses:    
Production expense 44,806 32,089
Exploration expense 0 48
Depreciation, depletion and amortization 30,305 25,824
General and administrative expense 9,051 8,023
Credit (recovery) losses and other (27) 1,812
Total operating costs and expenses 84,135 67,796
Other operating expense, net 0 (166)
Operating Income (Loss) 26,194 32,193
Other income (expense):    
Derivative instruments loss, net (74) (847)
Interest (expense) income, net (1,295) (935)
Other expense, net (1,012) (487)
Total other income (expense), net (2,381) (2,269)
Income (loss) before income taxes 23,813 29,924
Income tax (benefit) expense 16,083 22,238
Net income (loss) 7,730 7,686
Consolidated capital expenditures 51,314 24,022
Gabon    
Revenues:    
Crude oil, natural gas and natural gas liquids sales 52,187 57,504
Egypt    
Revenues:    
Crude oil, natural gas and natural gas liquids sales 33,920 36,961
Canada    
Revenues:    
Crude oil, natural gas and natural gas liquids sales 6,180 5,689
Côte d'Ivoire    
Revenues:    
Crude oil, natural gas and natural gas liquids sales 18,042  
Operating | Gabon    
Revenues:    
Crude oil, natural gas and natural gas liquids sales 52,187 57,504
Operating costs and expenses:    
Production expense 24,323 16,713
Exploration expense   0
Depreciation, depletion and amortization 11,421 13,451
General and administrative expense 245 634
Credit (recovery) losses and other (338) 20
Total operating costs and expenses 35,651 30,818
Other operating expense, net   (166)
Operating Income (Loss) 16,536 26,520
Other income (expense):    
Derivative instruments loss, net 0 0
Interest (expense) income, net (1,036) (1,317)
Other expense, net (632) (94)
Total other income (expense), net (1,668) (1,411)
Income (loss) before income taxes 14,868 25,109
Income tax (benefit) expense 8,888 16,293
Net income (loss) 5,980 8,816
Consolidated capital expenditures 7,106 6,287
Operating | Egypt    
Revenues:    
Crude oil, natural gas and natural gas liquids sales 33,920 36,961
Operating costs and expenses:    
Production expense 12,001 12,751
Exploration expense   48
Depreciation, depletion and amortization 8,051 8,336
General and administrative expense 41 169
Credit (recovery) losses and other 0 1,634
Total operating costs and expenses 20,093 22,938
Other operating expense, net   0
Operating Income (Loss) 13,827 14,023
Other income (expense):    
Derivative instruments loss, net 0 0
Interest (expense) income, net (244) (410)
Other expense, net 4 0
Total other income (expense), net (240) (410)
Income (loss) before income taxes 13,587 13,613
Income tax (benefit) expense 5,187 7,033
Net income (loss) 8,400 6,580
Consolidated capital expenditures 6,247 4,328
Operating | Canada    
Revenues:    
Crude oil, natural gas and natural gas liquids sales 6,180 5,690
Operating costs and expenses:    
Production expense 2,123 2,379
Exploration expense   0
Depreciation, depletion and amortization 3,390 3,897
General and administrative expense (8) 12
Credit (recovery) losses and other 0 0
Total operating costs and expenses 5,505 6,288
Other operating expense, net   0
Operating Income (Loss) 675 (598)
Other income (expense):    
Derivative instruments loss, net 0 0
Interest (expense) income, net 0 24
Other expense, net (32) 0
Total other income (expense), net (32) 24
Income (loss) before income taxes 643 (574)
Income tax (benefit) expense 0 0
Net income (loss) 643 (574)
Consolidated capital expenditures 1,307 12,559
Operating | Equatorial Guinea    
Revenues:    
Crude oil, natural gas and natural gas liquids sales 0 0
Operating costs and expenses:    
Production expense 300 245
Exploration expense   0
Depreciation, depletion and amortization 0 0
General and administrative expense 64 78
Credit (recovery) losses and other 311 158
Total operating costs and expenses 675 481
Other operating expense, net   0
Operating Income (Loss) (675) (481)
Other income (expense):    
Derivative instruments loss, net 0 0
Interest (expense) income, net 0 0
Other expense, net (4) (1)
Total other income (expense), net (4) (1)
Income (loss) before income taxes (679) (482)
Income tax (benefit) expense 0 0
Net income (loss) (679) (482)
Consolidated capital expenditures 253 0
Operating | Côte d'Ivoire    
Revenues:    
Crude oil, natural gas and natural gas liquids sales 18,042  
Operating costs and expenses:    
Production expense 6,059  
Depreciation, depletion and amortization 7,420  
General and administrative expense 626  
Credit (recovery) losses and other 0  
Total operating costs and expenses 14,105  
Operating Income (Loss) 3,937  
Other income (expense):    
Derivative instruments loss, net 0  
Interest (expense) income, net 108  
Other expense, net (177)  
Total other income (expense), net (69)  
Income (loss) before income taxes 3,868  
Income tax (benefit) expense (4,095)  
Net income (loss) 7,963  
Consolidated capital expenditures 36,420  
Corporate and Other    
Revenues:    
Crude oil, natural gas and natural gas liquids sales 0 0
Operating costs and expenses:    
Production expense 0 1
Exploration expense   0
Depreciation, depletion and amortization 23 140
General and administrative expense 8,083 7,130
Credit (recovery) losses and other 0 0
Total operating costs and expenses 8,106 7,271
Other operating expense, net   0
Operating Income (Loss) (8,106) (7,271)
Other income (expense):    
Derivative instruments loss, net (74) (847)
Interest (expense) income, net (123) 768
Other expense, net (171) (392)
Total other income (expense), net (368) (471)
Income (loss) before income taxes (8,474) (7,742)
Income tax (benefit) expense 6,103 (1,088)
Net income (loss) (14,577) (6,654)
Consolidated capital expenditures $ (19) $ 848