v3.26.1
Revenue
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
Three Months Ended June 30, 2026
Six Months Ended June 30, 2026
Crude Oil
Natural Gas
NGL
Total Revenue
Crude Oil
Natural Gas
NGL
Total Revenue
Colombia
118,136   118,136 220,460 —  220,460 
Ecuador
41,964   41,964 82,709 —  82,709 
Canada
21,086 4,075 1,920 27,081 39,824 11,985 4,260 56,069 
$181,186 $4,075 $1,920 $187,181 $342,993 $11,985 $4,260 $359,238 

Three Months Ended June 30, 2025
Six Months Ended June 30, 2025
Crude Oil
Natural Gas
NGL
Total Revenue
Crude Oil
Natural Gas
NGL
Total Revenue
Colombia
109,692 — — 109,692 227,340 — — 227,340 
Ecuador
8,495 — — 8,495 29,518 — — 29,518 
Canada
19,647 9,180 2,343 31,170 37,755 17,058 5,859 60,672 
$137,834 $9,180 $2,343 $149,357 $294,613 $17,058 $5,859 $317,530 

During the three and six months ended June 30, 2026, the Company’s production was sold primarily to one major customer, representing 69% and 71% of the total Company’s sales volumes (three and six months ended June 30, 2025 - one major customer, representing 64% and 65% of the total Company’s sales volumes), respectively, reported in each of the reportable segments.
As at June 30, 2026, accounts receivable included $10.9 million of accrued sales revenue related to June 2026 production (December 31, 2025 - $14.8 million related to December 2025 production).