XML 70 R49.htm IDEA: XBRL DOCUMENT v3.25.0.1
Business Combination - Additional Information (Details)
$ / shares in Units, $ / shares in Units, $ in Thousands, $ in Thousands, share in Millions
1 Months Ended 6 Months Ended 12 Months Ended
Aug. 31, 2023
CAD ($)
Dec. 31, 2023
CAD ($)
Dec. 31, 2024
CAD ($)
Dec. 31, 2023
CAD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2024
CAD ($)
May 09, 2024
USD ($)
Dec. 31, 2023
USD ($)
Jun. 20, 2023
USD ($)
share
$ / shares
Jun. 20, 2023
CAD ($)
share
$ / shares
Apr. 27, 2023
CAD ($)
Disclosure of detailed information about business combination [line items]                      
Transaction costs     $ 1,539 $ 49,045              
Revolving Facilities                      
Disclosure of detailed information about business combination [line items]                      
Maximum borrowing capacity $ 150,000       $ 1,100,000 $ 1,600,000 $ 1,100,000     $ 1,100,000  
Line of credit facility secured term 2 years                    
8.50% notes due April 1, 2030                      
Disclosure of detailed information about business combination [line items]                      
Notional amount         $ 800,000     $ 800,000     $ 800,000
Ranger Oil Corporation                      
Disclosure of detailed information about business combination [line items]                      
Consideration transferred, acquisition-date fair value                 $ 1,574,453 2,085,913  
Cash transferred                 $ 553,150 $ 732,840  
Equity interests of acquirer | share                 311.4 311.4  
Equity interests of acquirer                 $ 1,001,196 $ 1,326,435  
Exercise price of outstanding share options | (per share)                 $ 13.31 $ 4.26  
Closing price of common shares (in cad per share) | $ / shares                   $ 7.49  
Revenue of combined entity as if combination occurred at beginning of period   $ 939,400 1,700,000                
Profit (loss) of combined entity as if combination occurred at beginning of period   $ 165,100 $ 366,700                
Other professional fees       41,700              
Post-employment benefit expense, defined contribution plans       $ 7,300              
Ranger Oil Corporation | Discount rate, measurement input                      
Disclosure of detailed information about business combination [line items]                      
Fair value of oil and gas properties                 0.122 0.122  
Ranger Oil Corporation | Market rate, measurement input                      
Disclosure of detailed information about business combination [line items]                      
Market rate of interest                 0.090 0.090