v3.26.1
SEGMENT INFORMATION - Schedule of Segment Activity of Continuing Operations (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Abstract]            
Number Of Reportable Segments Disclosed By Definition Flag         reportable operating segments  
Revenues:            
Crude oil, natural gas and natural gas liquids sales $ 135,166   $ 96,893   $ 197,765 $ 207,222
Operating costs and expenses:            
Production expense 45,470   40,393   73,849 85,198
Exploration expense 65   2,520   22,459 2,520
Depreciation, depletion and amortization 34,272   28,273   52,484 58,578
Loss on sale of assets 0   0   1,202 0
General and administrative expense 11,194   8,496   19,470 17,548
Credit losses (recovery) and other 573   29   844 2
Total operating costs and expenses 91,574   79,711   170,308 163,846
Operating income (loss) 43,592   17,182   27,457 43,376
Other income (expense):            
Derivative instruments gain, net 18,720   400   (51,861) 326
Interest income (expense), net (2,750)   (2,572)   (4,449) (3,866)
Other income (expense), net (325)   353   (1,359) (659)
Total other income (expense), net 15,645   (1,819)   (57,669) (4,199)
Income (loss) before income taxes 59,237   15,363   (30,212) 39,177
Income tax (benefit) expense 16,792   6,983   21,107 23,066
Net income (loss) 42,445 $ (93,764) 8,380 $ 7,730 (51,319) 16,111
Consolidated capital expenditures 98,860   40,866   172,403 92,181
Gabon            
Revenues:            
Crude oil, natural gas and natural gas liquids sales 91,798   58,567   113,199 110,754
Egypt            
Revenues:            
Crude oil, natural gas and natural gas liquids sales 43,368   33,257   82,284 67,177
Canada            
Revenues:            
Crude oil, natural gas and natural gas liquids sales 0   4,715   2,282 10,895
Côte d’Ivoire            
Revenues:            
Crude oil, natural gas and natural gas liquids sales 0   353   0 18,396
Operating | Gabon            
Revenues:            
Crude oil, natural gas and natural gas liquids sales 91,798   58,568   113,199 110,754
Operating costs and expenses:            
Production expense 26,696   23,332   37,030 47,655
Exploration expense 60   0   22,246 0
Depreciation, depletion and amortization 24,369   14,673   32,616 26,094
Loss on sale of assets         0  
General and administrative expense 914   202   1,569 446
Credit losses (recovery) and other 376   (297)   376 (635)
Total operating costs and expenses 52,415   37,910   93,837 73,560
Operating income (loss) 39,383   20,658   19,362 37,194
Other income (expense):            
Derivative instruments gain, net 0   0   0 0
Interest income (expense), net (603)   (835)   (1,331) (1,871)
Other income (expense), net (600)   (132)   (1,171) (764)
Total other income (expense), net (1,203)   (967)   (2,502) (2,635)
Income (loss) before income taxes 38,180   19,691   16,860 34,559
Income tax (benefit) expense 15,667   5,356   13,290 14,244
Net income (loss) 22,513   14,335   3,570 20,315
Consolidated capital expenditures 42,487   9,199   65,002 16,305
Operating | Egypt            
Revenues:            
Crude oil, natural gas and natural gas liquids sales 43,368   33,257   82,284 67,177
Operating costs and expenses:            
Production expense 15,596   13,130   30,198 25,131
Exploration expense 0   0   0 0
Depreciation, depletion and amortization 8,601   9,220   17,296 17,271
Loss on sale of assets         0  
General and administrative expense 48   62   107 103
Credit losses (recovery) and other 0   0   0 0
Total operating costs and expenses 24,245   22,412   47,601 42,505
Operating income (loss) 19,123   10,845   34,683 24,672
Other income (expense):            
Derivative instruments gain, net 0   0   0 0
Interest income (expense), net 106   (180)   109 (423)
Other income (expense), net 335   57   (121) 61
Total other income (expense), net 441   (123)   (12) (362)
Income (loss) before income taxes 19,564   10,722   34,671 24,310
Income tax (benefit) expense 5,929   3,343   14,086 8,530
Net income (loss) 13,635   7,379   20,585 15,780
Consolidated capital expenditures 8,543   7,593   10,311 13,840
Operating | Canada            
Revenues:            
Crude oil, natural gas and natural gas liquids sales 0   4,715   2,282 10,895
Operating costs and expenses:            
Production expense 0   2,488   2,040 4,611
Exploration expense 0   0   0 0
Depreciation, depletion and amortization 0   3,160   35 6,550
Loss on sale of assets         1,304  
General and administrative expense 0   39   1 31
Credit losses (recovery) and other 0   0   22 0
Total operating costs and expenses 0   5,687   3,402 11,192
Operating income (loss) 0   (972)   (1,120) (297)
Other income (expense):            
Derivative instruments gain, net 0   0   0 0
Interest income (expense), net 0   0   0 0
Other income (expense), net 0   430   (7) 398
Total other income (expense), net 0   430   (7) 398
Income (loss) before income taxes 0   (542)   (1,127) 101
Income tax (benefit) expense 0   0   0 0
Net income (loss) 0   (542)   (1,127) 101
Consolidated capital expenditures 0   210   128 1,517
Operating | Equatorial Guinea            
Revenues:            
Crude oil, natural gas and natural gas liquids sales 0   0   0 0
Operating costs and expenses:            
Production expense 377   386   640 686
Exploration expense 0   0   0 0
Depreciation, depletion and amortization 0   0   0 0
Loss on sale of assets         0  
General and administrative expense 46   86   108 150
Credit losses (recovery) and other 197   326   446 637
Total operating costs and expenses 620   798   1,194 1,473
Operating income (loss) (620)   (798)   (1,194) (1,473)
Other income (expense):            
Derivative instruments gain, net 0   0   0 0
Interest income (expense), net 0   0   0 0
Other income (expense), net 0   (1)   (2) (5)
Total other income (expense), net 0   (1)   (2) (5)
Income (loss) before income taxes (620)   (799)   (1,196) (1,478)
Income tax (benefit) expense 0   0   0 0
Net income (loss) (620)   (799)   (1,196) (1,478)
Consolidated capital expenditures 41   306   186 559
Operating | Côte d’Ivoire            
Revenues:            
Crude oil, natural gas and natural gas liquids sales 0   353   0 18,396
Operating costs and expenses:            
Production expense 2,801   1,056   3,941 7,114
Exploration expense 5   2,520   213 2,520
Depreciation, depletion and amortization 935   968   1,845 8,388
Loss on sale of assets         0  
General and administrative expense 1,005   237   1,632 863
Credit losses (recovery) and other 0   0   0 0
Total operating costs and expenses 4,746   4,781   7,631 18,885
Operating income (loss) (4,746)   (4,428)   (7,631) (489)
Other income (expense):            
Derivative instruments gain, net 0   0   0 0
Interest income (expense), net (1,867)   (1,396)   (2,587) (1,287)
Other income (expense), net 0   116   95 (61)
Total other income (expense), net (1,867)   (1,280)   (2,492) (1,348)
Income (loss) before income taxes (6,613)   (5,708)   (10,123) (1,837)
Income tax (benefit) expense (6,208)   (6,139)   (12,988) (10,234)
Net income (loss) (405)   431   2,865 8,397
Consolidated capital expenditures 47,636   23,521   96,402 59,941
Corporate and Other            
Revenues:            
Crude oil, natural gas and natural gas liquids sales 0   0   0 0
Operating costs and expenses:            
Production expense 0   1   0 1
Exploration expense 0   0   0 0
Depreciation, depletion and amortization 367   252   692 275
Loss on sale of assets         (102)  
General and administrative expense 9,181   7,870   16,053 15,955
Credit losses (recovery) and other 0   0   0 0
Total operating costs and expenses 9,548   8,123   16,643 16,231
Operating income (loss) (9,548)   (8,123)   (16,643) (16,231)
Other income (expense):            
Derivative instruments gain, net 18,720   400   (51,861) 326
Interest income (expense), net (386)   (161)   (640) (285)
Other income (expense), net (60)   (117)   (153) (288)
Total other income (expense), net 18,274   122   (52,654) (247)
Income (loss) before income taxes 8,726   (8,001)   (69,297) (16,478)
Income tax (benefit) expense 1,404   4,423   6,719 10,526
Net income (loss) 7,322   (12,424)   (76,016) (27,004)
Consolidated capital expenditures $ 153   $ 37   $ 374 $ 19