| Schedule of Disaggregation of Revenue |
The following table presents revenues from contracts with customers as well as revenues associated with the obligations under the Etame PSC.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended September 30, |
|
Nine Months Ended September 30, |
|
2024 |
|
2023 |
|
2024 |
|
2023 |
| Revenues from customer contracts: |
(in thousands) |
| Sales under the COSPA or COSMA |
$ |
54,933
|
|
|
$ |
64,100 |
|
|
$ |
182,048
|
|
|
$ |
194,179 |
|
| Other items reported in revenue not associated with customer contracts: |
|
|
|
|
|
|
|
| Carried interest recoupment |
652
|
|
|
1,378 |
|
|
1,826
|
|
|
3,590 |
|
| Royalties |
(7,977) |
|
|
(8,203) |
|
|
(25,088) |
|
|
(25,833) |
|
| Net revenues |
$ |
47,608
|
|
|
$ |
57,275 |
|
|
$ |
158,786
|
|
|
$ |
171,936 |
|
The following table presents revenues in Egypt from contracts with customers:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended September 30, |
|
Nine Months Ended September 30, |
|
2024 |
|
2023 |
|
2024 |
|
2023 |
| Revenues from customer contracts: |
(in thousands) |
| Gross sales |
$ |
63,432
|
|
|
$ |
88,748 |
|
|
$ |
191,938
|
|
|
$ |
193,570 |
|
| Royalties |
(28,714) |
|
|
(37,944) |
|
|
(84,550) |
|
|
(86,176) |
|
| Selling costs |
(174) |
|
|
(497) |
|
|
(402) |
|
|
(995) |
|
| Net revenues |
$ |
34,544
|
|
|
$ |
50,307 |
|
|
$ |
106,986
|
|
|
$ |
106,399 |
|
The following table presents revenues in Canada from contracts with customers:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended September 30, |
|
Nine Months Ended September 30, |
|
2024 |
|
2023 |
|
2024 |
|
2023 |
| Revenues from customer contracts: |
(in thousands) |
| Oil revenue |
$ |
8,039
|
|
|
$ |
7,832 |
|
|
21,739
|
|
|
$ |
22,811 |
|
| Gas revenue |
224
|
|
|
988 |
|
|
1,429
|
|
|
2,649 |
|
| NGL revenue |
2,008
|
|
|
2,073 |
|
|
5,905
|
|
|
6,421 |
|
| Royalties |
(1,533) |
|
|
(2,206) |
|
|
(3,801) |
|
|
(4,304) |
|
| Selling costs |
(351) |
|
|
— |
|
|
(812) |
|
|
— |
|
| Net revenues |
$ |
8,387
|
|
|
$ |
8,687 |
|
|
24,460
|
|
|
$ |
27,577 |
|
The following table presents revenues in Cote d'Ivoire from contracts with customers:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended September 30, |
|
Nine Months Ended September 30, |
|
2024 |
|
2023 |
|
2024 |
|
2023 |
| Revenues from customer contracts: |
(in thousands) |
| Revenues |
$ |
49,795
|
|
|
$ |
— |
|
|
$ |
67,035
|
|
|
$ |
— |
|
|