Note 4 - Segment Information - Segment Activity of Continuing Operations (Details) - USD ($) $ in Thousands |
3 Months Ended |
6 Months Ended |
Jun. 30, 2023 |
Mar. 31, 2023 |
Jun. 30, 2022 |
Mar. 31, 2022 |
Jun. 30, 2023 |
Jun. 30, 2022 |
Crude oil, natural gas and natural gas liquids sales |
|
$ 109,240
|
|
|
$ 110,985
|
|
$ 189,643
|
|
$ 179,641
|
Production expense |
|
38,604
|
|
|
25,475
|
|
66,804
|
|
43,835
|
FPSO Demobilization - Norms Waste Disposal |
|
5,647
|
|
|
0
|
|
5,647
|
|
0
|
Exploration expense |
|
57
|
|
|
67
|
|
65
|
|
194
|
Depreciation, depletion and amortization |
|
38,003
|
|
|
8,191
|
|
62,420
|
|
12,864
|
General and administrative expense |
|
5,395
|
|
|
3,534
|
|
10,619
|
|
8,528
|
Accounts Receivable, Credit Loss Expense (Reversal) |
|
680
|
|
|
571
|
|
1,615
|
|
1,063
|
Total operating costs and expenses |
|
88,386
|
|
|
37,838
|
|
147,170
|
|
66,484
|
Other operating expense, net |
|
(303)
|
|
|
0
|
|
(303)
|
|
(5)
|
Operating income |
|
20,551
|
|
|
73,147
|
|
42,170
|
|
113,152
|
Derivative instruments gain (loss), net |
|
31
|
|
|
(9,542)
|
|
52
|
|
(41,300)
|
Interest expense, net |
|
(1,703)
|
|
|
(118)
|
|
(3,949)
|
|
(121)
|
Other expense, net |
|
(537)
|
|
|
(2,111)
|
|
(1,677)
|
|
(2,807)
|
Total other expense, net |
|
(2,209)
|
|
|
(11,771)
|
|
(5,574)
|
|
(44,228)
|
Income (loss) from continuing operations before income taxes |
|
18,342
|
|
|
61,376
|
|
36,596
|
|
68,924
|
Income tax (benefit) expense |
|
11,588
|
|
|
46,252
|
|
26,359
|
|
41,624
|
Income (loss) from continuing operations |
|
6,754
|
|
|
15,124
|
|
10,237
|
|
27,300
|
Loss from discontinued operations, net of tax |
|
(2)
|
|
|
(20)
|
|
15
|
|
32
|
Net income |
|
6,752
|
|
$ 3,470
|
15,104
|
$ 12,164
|
10,222
|
|
27,268
|
Consolidated capital expenditures |
|
16,427
|
[1] |
|
38,169
|
|
41,852
|
[1] |
69,949
|
Loss from discontinued operations, net of tax |
|
2
|
|
|
20
|
|
(15)
|
|
(32)
|
Crude oil and natural gas sales |
|
109,240
|
|
|
110,985
|
|
189,643
|
|
179,641
|
Production expense |
|
38,604
|
|
|
25,475
|
|
66,804
|
|
43,835
|
Exploration expense |
|
57
|
|
|
67
|
|
65
|
|
194
|
General and administrative expense |
|
5,395
|
|
|
3,534
|
|
10,619
|
|
8,528
|
Total operating costs and expenses |
|
88,386
|
|
|
37,838
|
|
147,170
|
|
66,484
|
Derivative instruments loss, net |
|
31
|
|
|
(9,542)
|
|
52
|
|
(41,300)
|
Interest (expense) income, net |
|
(1,703)
|
|
|
(118)
|
|
(3,949)
|
|
(121)
|
Other (expense) income, net |
|
(537)
|
|
|
(2,111)
|
|
(1,677)
|
|
(2,807)
|
Total other expense, net |
|
(2,209)
|
|
|
(11,771)
|
|
(5,574)
|
|
(44,228)
|
Income from continuing operations before income taxes |
|
18,342
|
|
|
61,376
|
|
36,596
|
|
68,924
|
Income from continuing operations |
|
6,754
|
|
|
15,124
|
|
10,237
|
|
27,300
|
Loss from discontinued operations, net of tax |
|
(2)
|
|
|
(20)
|
|
15
|
|
32
|
Net income |
|
6,752
|
|
$ 3,470
|
15,104
|
$ 12,164
|
10,222
|
|
27,268
|
Consolidated capital expenditures (1) |
|
16,427
|
[1] |
|
38,169
|
|
41,852
|
[1] |
69,949
|
Other operating income (expense), net |
|
(303)
|
|
|
0
|
|
(303)
|
|
(5)
|
Loss from discontinued operations, net of tax |
|
2
|
|
|
20
|
|
(15)
|
|
(32)
|
Corporate, Non-Segment [Member] |
|
|
|
|
|
|
|
|
|
Crude oil, natural gas and natural gas liquids sales |
|
0
|
|
|
0
|
|
0
|
|
0
|
Production expense |
|
(57)
|
|
|
(60)
|
|
2
|
|
0
|
FPSO Demobilization - Norms Waste Disposal |
|
0
|
|
|
|
|
0
|
|
|
Exploration expense |
|
0
|
|
|
0
|
|
0
|
|
0
|
Depreciation, depletion and amortization |
|
42
|
|
|
18
|
|
108
|
|
38
|
General and administrative expense |
|
4,788
|
|
|
2,859
|
|
9,086
|
|
7,161
|
Accounts Receivable, Credit Loss Expense (Reversal) |
|
0
|
|
|
0
|
|
0
|
|
0
|
Total operating costs and expenses |
|
4,773
|
|
|
2,817
|
|
9,196
|
|
7,199
|
Other operating expense, net |
|
0
|
|
|
0
|
|
0
|
|
0
|
Operating income |
|
(4,773)
|
|
|
(2,817)
|
|
(9,196)
|
|
(7,199)
|
Derivative instruments gain (loss), net |
|
31
|
|
|
(9,542)
|
|
52
|
|
(41,300)
|
Interest expense, net |
|
176
|
|
|
40
|
|
249
|
|
43
|
Other expense, net |
|
81
|
|
|
(1,254)
|
|
(1,575)
|
|
(1,311)
|
Total other expense, net |
|
288
|
|
|
(10,756)
|
|
(1,274)
|
|
(42,568)
|
Income (loss) from continuing operations before income taxes |
|
(4,485)
|
|
|
(13,573)
|
|
(10,470)
|
|
(49,767)
|
Income tax (benefit) expense |
|
(8,924)
|
|
|
9,828
|
|
(5,723)
|
|
(7,633)
|
Income (loss) from continuing operations |
|
4,439
|
|
|
(23,401)
|
|
(4,747)
|
|
(42,134)
|
Loss from discontinued operations, net of tax |
|
(2)
|
|
|
(20)
|
|
15
|
|
32
|
Net income |
|
4,437
|
|
|
(23,421)
|
|
(4,762)
|
|
(42,166)
|
Consolidated capital expenditures |
|
36
|
[1] |
|
67
|
|
36
|
[1] |
67
|
Loss from discontinued operations, net of tax |
|
2
|
|
|
20
|
|
(15)
|
|
(32)
|
Crude oil and natural gas sales |
|
0
|
|
|
0
|
|
0
|
|
0
|
Production expense |
|
(57)
|
|
|
(60)
|
|
2
|
|
0
|
Exploration expense |
|
0
|
|
|
0
|
|
0
|
|
0
|
General and administrative expense |
|
4,788
|
|
|
2,859
|
|
9,086
|
|
7,161
|
Total operating costs and expenses |
|
4,773
|
|
|
2,817
|
|
9,196
|
|
7,199
|
Derivative instruments loss, net |
|
31
|
|
|
(9,542)
|
|
52
|
|
(41,300)
|
Interest (expense) income, net |
|
176
|
|
|
40
|
|
249
|
|
43
|
Other (expense) income, net |
|
81
|
|
|
(1,254)
|
|
(1,575)
|
|
(1,311)
|
Total other expense, net |
|
288
|
|
|
(10,756)
|
|
(1,274)
|
|
(42,568)
|
Income from continuing operations before income taxes |
|
(4,485)
|
|
|
(13,573)
|
|
(10,470)
|
|
(49,767)
|
Income from continuing operations |
|
4,439
|
|
|
(23,401)
|
|
(4,747)
|
|
(42,134)
|
Loss from discontinued operations, net of tax |
|
(2)
|
|
|
(20)
|
|
15
|
|
32
|
Net income |
|
4,437
|
|
|
(23,421)
|
|
(4,762)
|
|
(42,166)
|
Consolidated capital expenditures (1) |
|
36
|
[1] |
|
67
|
|
36
|
[1] |
67
|
Other operating income (expense), net |
|
0
|
|
|
0
|
|
0
|
|
0
|
Loss from discontinued operations, net of tax |
|
2
|
|
|
20
|
|
(15)
|
|
(32)
|
Gabon Segment [Member] | Operating Segments [Member] |
|
|
|
|
|
|
|
|
|
Crude oil, natural gas and natural gas liquids sales |
|
77,924
|
|
|
110,985
|
|
114,661
|
|
179,641
|
Production expense |
|
23,931
|
|
|
25,360
|
|
38,346
|
|
43,441
|
FPSO Demobilization - Norms Waste Disposal |
|
5,647
|
|
|
|
|
5,647
|
|
|
Exploration expense |
|
43
|
|
|
67
|
|
51
|
|
194
|
Depreciation, depletion and amortization |
|
19,457
|
|
|
8,173
|
|
29,302
|
|
12,826
|
General and administrative expense |
|
318
|
|
|
565
|
|
936
|
|
1,158
|
Accounts Receivable, Credit Loss Expense (Reversal) |
|
518
|
|
|
571
|
|
1,453
|
|
1,063
|
Total operating costs and expenses |
|
49,914
|
|
|
34,736
|
|
75,735
|
|
58,682
|
Other operating expense, net |
|
(62)
|
|
|
0
|
|
(62)
|
|
(5)
|
Operating income |
|
27,948
|
|
|
76,249
|
|
38,864
|
|
120,954
|
Derivative instruments gain (loss), net |
|
0
|
|
|
0
|
|
0
|
|
0
|
Interest expense, net |
|
(1,376)
|
|
|
(158)
|
|
(2,883)
|
|
(164)
|
Other expense, net |
|
(619)
|
|
|
(856)
|
|
(102)
|
|
(1,494)
|
Total other expense, net |
|
(1,995)
|
|
|
(1,014)
|
|
(2,985)
|
|
(1,658)
|
Income (loss) from continuing operations before income taxes |
|
25,953
|
|
|
75,235
|
|
35,879
|
|
119,296
|
Income tax (benefit) expense |
|
16,251
|
|
|
36,423
|
|
22,829
|
|
49,256
|
Income (loss) from continuing operations |
|
9,702
|
|
|
38,812
|
|
13,050
|
|
70,040
|
Loss from discontinued operations, net of tax |
|
0
|
|
|
0
|
|
(0)
|
|
(0)
|
Net income |
|
9,702
|
|
|
38,812
|
|
13,050
|
|
70,040
|
Consolidated capital expenditures |
|
1,375
|
[1] |
|
38,102
|
|
5,064
|
[1] |
69,882
|
Loss from discontinued operations, net of tax |
|
0
|
|
|
0
|
|
0
|
|
0
|
Crude oil and natural gas sales |
|
77,924
|
|
|
110,985
|
|
114,661
|
|
179,641
|
Production expense |
|
23,931
|
|
|
25,360
|
|
38,346
|
|
43,441
|
Exploration expense |
|
43
|
|
|
67
|
|
51
|
|
194
|
General and administrative expense |
|
318
|
|
|
565
|
|
936
|
|
1,158
|
Total operating costs and expenses |
|
49,914
|
|
|
34,736
|
|
75,735
|
|
58,682
|
Derivative instruments loss, net |
|
0
|
|
|
0
|
|
0
|
|
0
|
Interest (expense) income, net |
|
(1,376)
|
|
|
(158)
|
|
(2,883)
|
|
(164)
|
Other (expense) income, net |
|
(619)
|
|
|
(856)
|
|
(102)
|
|
(1,494)
|
Total other expense, net |
|
(1,995)
|
|
|
(1,014)
|
|
(2,985)
|
|
(1,658)
|
Income from continuing operations before income taxes |
|
25,953
|
|
|
75,235
|
|
35,879
|
|
119,296
|
Income from continuing operations |
|
9,702
|
|
|
38,812
|
|
13,050
|
|
70,040
|
Loss from discontinued operations, net of tax |
|
0
|
|
|
0
|
|
(0)
|
|
(0)
|
Net income |
|
9,702
|
|
|
38,812
|
|
13,050
|
|
70,040
|
Consolidated capital expenditures (1) |
|
1,375
|
[1] |
|
38,102
|
|
5,064
|
[1] |
69,882
|
Other operating income (expense), net |
|
(62)
|
|
|
0
|
|
(62)
|
|
(5)
|
Loss from discontinued operations, net of tax |
|
0
|
|
|
0
|
|
0
|
|
0
|
Egypt [Member] | Operating Segments [Member] |
|
|
|
|
|
|
|
|
|
Crude oil, natural gas and natural gas liquids sales |
|
21,308
|
|
|
|
|
56,092
|
|
|
Production expense |
|
11,089
|
|
|
|
|
22,199
|
|
|
FPSO Demobilization - Norms Waste Disposal |
|
0
|
|
|
|
|
0
|
|
|
Exploration expense |
|
14
|
|
|
|
|
14
|
|
|
Depreciation, depletion and amortization |
|
13,757
|
|
|
|
|
24,552
|
|
|
General and administrative expense |
|
202
|
|
|
|
|
381
|
|
|
Accounts Receivable, Credit Loss Expense (Reversal) |
|
0
|
|
|
|
|
0
|
|
|
Total operating costs and expenses |
|
25,062
|
|
|
|
|
47,146
|
|
|
Other operating expense, net |
|
(241)
|
|
|
|
|
(241)
|
|
|
Operating income |
|
(3,995)
|
|
|
|
|
8,705
|
|
|
Derivative instruments gain (loss), net |
|
0
|
|
|
|
|
0
|
|
|
Interest expense, net |
|
(503)
|
|
|
|
|
(1,311)
|
|
|
Other expense, net |
|
0
|
|
|
|
|
0
|
|
|
Total other expense, net |
|
(503)
|
|
|
|
|
(1,311)
|
|
|
Income (loss) from continuing operations before income taxes |
|
(4,498)
|
|
|
|
|
7,394
|
|
|
Income tax (benefit) expense |
|
4,261
|
|
|
|
|
9,253
|
|
|
Income (loss) from continuing operations |
|
(8,759)
|
|
|
|
|
(1,859)
|
|
|
Loss from discontinued operations, net of tax |
|
0
|
|
|
|
|
(0)
|
|
|
Net income |
|
(8,759)
|
|
|
|
|
(1,859)
|
|
|
Consolidated capital expenditures |
[1] |
8,526
|
|
|
|
|
20,097
|
|
|
Loss from discontinued operations, net of tax |
|
0
|
|
|
|
|
0
|
|
|
Crude oil and natural gas sales |
|
21,308
|
|
|
|
|
56,092
|
|
|
Production expense |
|
11,089
|
|
|
|
|
22,199
|
|
|
Exploration expense |
|
14
|
|
|
|
|
14
|
|
|
General and administrative expense |
|
202
|
|
|
|
|
381
|
|
|
Total operating costs and expenses |
|
25,062
|
|
|
|
|
47,146
|
|
|
Derivative instruments loss, net |
|
0
|
|
|
|
|
0
|
|
|
Interest (expense) income, net |
|
(503)
|
|
|
|
|
(1,311)
|
|
|
Other (expense) income, net |
|
0
|
|
|
|
|
0
|
|
|
Total other expense, net |
|
(503)
|
|
|
|
|
(1,311)
|
|
|
Income from continuing operations before income taxes |
|
(4,498)
|
|
|
|
|
7,394
|
|
|
Income from continuing operations |
|
(8,759)
|
|
|
|
|
(1,859)
|
|
|
Loss from discontinued operations, net of tax |
|
0
|
|
|
|
|
(0)
|
|
|
Net income |
|
(8,759)
|
|
|
|
|
(1,859)
|
|
|
Consolidated capital expenditures (1) |
[1] |
8,526
|
|
|
|
|
20,097
|
|
|
Other operating income (expense), net |
|
(241)
|
|
|
|
|
(241)
|
|
|
Loss from discontinued operations, net of tax |
|
0
|
|
|
|
|
0
|
|
|
Canada [Member] | Operating Segments [Member] |
|
|
|
|
|
|
|
|
|
Crude oil, natural gas and natural gas liquids sales |
|
10,008
|
|
|
|
|
18,890
|
|
|
Production expense |
|
3,255
|
|
|
|
|
5,509
|
|
|
FPSO Demobilization - Norms Waste Disposal |
|
0
|
|
|
|
|
0
|
|
|
Exploration expense |
|
0
|
|
|
|
|
0
|
|
|
Depreciation, depletion and amortization |
|
4,747
|
|
|
|
|
8,458
|
|
|
General and administrative expense |
|
0
|
|
|
|
|
0
|
|
|
Accounts Receivable, Credit Loss Expense (Reversal) |
|
0
|
|
|
|
|
0
|
|
|
Total operating costs and expenses |
|
8,002
|
|
|
|
|
13,967
|
|
|
Other operating expense, net |
|
0
|
|
|
|
|
0
|
|
|
Operating income |
|
2,006
|
|
|
|
|
4,923
|
|
|
Derivative instruments gain (loss), net |
|
0
|
|
|
|
|
0
|
|
|
Interest expense, net |
|
0
|
|
|
|
|
(4)
|
|
|
Other expense, net |
|
1
|
|
|
|
|
1
|
|
|
Total other expense, net |
|
1
|
|
|
|
|
(3)
|
|
|
Income (loss) from continuing operations before income taxes |
|
2,007
|
|
|
|
|
4,920
|
|
|
Income tax (benefit) expense |
|
0
|
|
|
|
|
0
|
|
|
Income (loss) from continuing operations |
|
2,007
|
|
|
|
|
4,920
|
|
|
Loss from discontinued operations, net of tax |
|
0
|
|
|
|
|
(0)
|
|
|
Net income |
|
2,007
|
|
|
|
|
4,920
|
|
|
Consolidated capital expenditures |
[1] |
6,491
|
|
|
|
|
16,656
|
|
|
Loss from discontinued operations, net of tax |
|
0
|
|
|
|
|
0
|
|
|
Crude oil and natural gas sales |
|
10,008
|
|
|
|
|
18,890
|
|
|
Production expense |
|
3,255
|
|
|
|
|
5,509
|
|
|
Exploration expense |
|
0
|
|
|
|
|
0
|
|
|
General and administrative expense |
|
0
|
|
|
|
|
0
|
|
|
Total operating costs and expenses |
|
8,002
|
|
|
|
|
13,967
|
|
|
Derivative instruments loss, net |
|
0
|
|
|
|
|
0
|
|
|
Interest (expense) income, net |
|
0
|
|
|
|
|
(4)
|
|
|
Other (expense) income, net |
|
1
|
|
|
|
|
1
|
|
|
Total other expense, net |
|
1
|
|
|
|
|
(3)
|
|
|
Income from continuing operations before income taxes |
|
2,007
|
|
|
|
|
4,920
|
|
|
Income from continuing operations |
|
2,007
|
|
|
|
|
4,920
|
|
|
Loss from discontinued operations, net of tax |
|
0
|
|
|
|
|
(0)
|
|
|
Net income |
|
2,007
|
|
|
|
|
4,920
|
|
|
Consolidated capital expenditures (1) |
[1] |
6,491
|
|
|
|
|
16,656
|
|
|
Other operating income (expense), net |
|
0
|
|
|
|
|
0
|
|
|
Loss from discontinued operations, net of tax |
|
0
|
|
|
|
|
0
|
|
|
Equatorial Guinea Segment [Member] | Operating Segments [Member] |
|
|
|
|
|
|
|
|
|
Crude oil, natural gas and natural gas liquids sales |
|
0
|
|
|
0
|
|
0
|
|
0
|
Production expense |
|
386
|
|
|
175
|
|
748
|
|
394
|
FPSO Demobilization - Norms Waste Disposal |
|
0
|
|
|
|
|
0
|
|
|
Exploration expense |
|
0
|
|
|
0
|
|
0
|
|
0
|
Depreciation, depletion and amortization |
|
0
|
|
|
0
|
|
0
|
|
0
|
General and administrative expense |
|
87
|
|
|
110
|
|
216
|
|
209
|
Accounts Receivable, Credit Loss Expense (Reversal) |
|
162
|
|
|
0
|
|
162
|
|
0
|
Total operating costs and expenses |
|
635
|
|
|
285
|
|
1,126
|
|
603
|
Other operating expense, net |
|
0
|
|
|
0
|
|
0
|
|
0
|
Operating income |
|
(635)
|
|
|
(285)
|
|
(1,126)
|
|
(603)
|
Derivative instruments gain (loss), net |
|
0
|
|
|
0
|
|
0
|
|
0
|
Interest expense, net |
|
0
|
|
|
0
|
|
0
|
|
0
|
Other expense, net |
|
0
|
|
|
(1)
|
|
(1)
|
|
(2)
|
Total other expense, net |
|
0
|
|
|
(1)
|
|
(1)
|
|
(2)
|
Income (loss) from continuing operations before income taxes |
|
(635)
|
|
|
(286)
|
|
(1,127)
|
|
(605)
|
Income tax (benefit) expense |
|
0
|
|
|
1
|
|
0
|
|
1
|
Income (loss) from continuing operations |
|
(635)
|
|
|
(287)
|
|
(1,127)
|
|
(606)
|
Loss from discontinued operations, net of tax |
|
0
|
|
|
0
|
|
(0)
|
|
(0)
|
Net income |
|
(635)
|
|
|
(287)
|
|
(1,127)
|
|
(606)
|
Consolidated capital expenditures |
|
0
|
[1] |
|
0
|
|
0
|
[1] |
0
|
Loss from discontinued operations, net of tax |
|
0
|
|
|
0
|
|
0
|
|
0
|
Crude oil and natural gas sales |
|
0
|
|
|
0
|
|
0
|
|
0
|
Production expense |
|
386
|
|
|
175
|
|
748
|
|
394
|
Exploration expense |
|
0
|
|
|
0
|
|
0
|
|
0
|
General and administrative expense |
|
87
|
|
|
110
|
|
216
|
|
209
|
Total operating costs and expenses |
|
635
|
|
|
285
|
|
1,126
|
|
603
|
Derivative instruments loss, net |
|
0
|
|
|
0
|
|
0
|
|
0
|
Interest (expense) income, net |
|
0
|
|
|
0
|
|
0
|
|
0
|
Other (expense) income, net |
|
0
|
|
|
(1)
|
|
(1)
|
|
(2)
|
Total other expense, net |
|
0
|
|
|
(1)
|
|
(1)
|
|
(2)
|
Income from continuing operations before income taxes |
|
(635)
|
|
|
(286)
|
|
(1,127)
|
|
(605)
|
Income from continuing operations |
|
(635)
|
|
|
(287)
|
|
(1,127)
|
|
(606)
|
Loss from discontinued operations, net of tax |
|
0
|
|
|
0
|
|
(0)
|
|
(0)
|
Net income |
|
(635)
|
|
|
(287)
|
|
(1,127)
|
|
(606)
|
Consolidated capital expenditures (1) |
|
0
|
[1] |
|
0
|
|
0
|
[1] |
0
|
Other operating income (expense), net |
|
0
|
|
|
0
|
|
0
|
|
0
|
Loss from discontinued operations, net of tax |
|
$ 0
|
|
|
$ 0
|
|
$ 0
|
|
$ 0
|
|
|