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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ (93,764) $ 7,730
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation, depletion and amortization 18,212 30,305
Loss on asset divestment 1,202 0
Amortization of deferred financing costs 392 146
Deferred tax benefit (10,559) (1,519)
Unrealized foreign exchange gain 190 1,673
Exploration Expense 13,801 0
Stock-based compensation expense 1,377 1,475
Derivative instruments loss, net 70,581 74
Cash settlements received (paid) on matured derivative contracts, net (957) 123
Credit losses and other 271 (27)
Equipment and other expensed in operations 1,890 972
Change in operating assets and liabilities:    
Trade receivables, net 13,372 (34,671)
Accounts with joint venture owners, net 2,876 (2,234)
Egypt receivables and other, net (307) 32,230
Crude oil inventory (8,183) 1,451
Premiums paid on commodity derivative contracts (1,314) 0
Prepayments and other (773) (769)
Value added tax and other receivables 216 5,310
Accounts payable (21,490) 7,219
Foreign income taxes payable (17,004) (18,035)
Accrued liabilities and other (9,255) 1,253
Net cash provided by (used in) operating activities (39,226) 32,706
CASH FLOWS FROM INVESTING ACTIVITIES:    
Property and equipment expenditures, including exploration expense (78,074) (58,527)
Proceeds from the Canada Assets Divestment 25,474 0
Acquisition of oil and gas properties 0 (247)
Net cash used in investing activities (52,600) (58,774)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from borrowings 92,000 0
Dividend distribution (6,687) (6,570)
Payments for treasury shares 0 (155)
Deferred financing costs paid (1,160) (5,118)
Payments of finance leases (3,176) (2,943)
Net cash provided by (used in) in financing activities 80,977 (14,786)
Effects of exchange rate changes on cash (32) 27
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (10,881) (40,827)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF PERIOD 66,963 97,726
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD 56,082 56,899
Supplemental disclosure of cash flow information:    
Income taxes paid in-kind with crude oil 24,537 30,284
Interest paid 3,601 1,398
Supplemental disclosure of non-cash investing and financing activities:    
Property and equipment additions incurred but not paid at end of period 9,770 6,366
Recognition of right-of-use finance lease assets and liabilities 0 2,372
Recognition of right-of-use operating lease assets and liabilities 6,788 0
Asset retirement obligation revisions $ 572 $ 126