v3.26.1
Condensed Interim Consolidated Statements of Financial Position - CAD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash $ 544 $ 41,974
Accounts receivable 83,359 66,186
Inventories 19,809 20,596
Prepaid expenses and deposits 6,972 9,422
Risk management contracts 11,016
Total current assets 110,684 149,194
Non-current assets    
Property, plant and equipment 1,021,225 990,094
Deferred income tax asset 166,409 146,156
Total non-current assets 1,187,634 1,136,250
Total assets 1,298,318 1,285,444
Current liabilities    
Accounts payable and accrued liabilities 84,794 88,432
Current portion of lease liabilities and other 1,327 3,276
Warrant liability 9,615 4,128
Risk management contracts 72,906
Total current liabilities 168,642 95,836
Non-current liabilities    
Risk management contracts 7,500
Debt 2,361
Lease liabilities and other 5,698 2,829
Decommissioning liabilities 20,549 19,922
Total non-current liabilities 36,108 22,751
Total liabilities 204,750 118,587
Shareholders’ equity    
Share capital 462,865 462,935
Contributed surplus 8,093 8,310
Retained earnings 622,610 695,612
Total shareholders' equity 1,093,568 1,166,857
Total liabilities and shareholders' equity $ 1,298,318 $ 1,285,444