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v3.23.1

Segment information (Schedule of Segment Information by Segment Areas (Geographical Segments) (Details) | 12 Months Ended
--- | ---
Dec. 31, 2022 USD ($) employee | Dec. 31, 2021 USD ($) employee | Dec. 31, 2020 USD ($) employee
Disclosure of Segment information [Line Items] |  |  |
Revenue | $ 1,049,579,000 | $ 688,543,000 | $ 393,692,000
Sale of crude oil | 1,004,775,000 | 647,559,000 | 359,640,000
Sale of purchased crude oil | 9,454,000 |  |
Sale of gas | 35,350,000 | 40,984,000 | 34,052,000
Realized gain (loss) on commodity risk management contracts | (83,244,000) | (109,654,000) | 21,059,000
Production and operating costs | (359,779,000) | (212,790,000) | (125,072,000)
Royalties | (63,298,000) | (40,000,000) | (20,891,000)
Economic rights | (188,989,000) | (73,023,000) | (14,984,000)
Share-based payment | (955,000) | (339,000) | (528,000)
Other operating costs | (106,537,000) | (99,428,000) | (88,669,000)
Operating profit (loss) | 429,077,000 | 185,809,000 | (110,663,000)
Adjusted EBITDA | 540,779,000 | 300,800,000 | 217,531,000
Depreciation | (96,692,000) | (88,969,000) | (118,073,000)
Impairment loss for non-financial assets, net | 0 | (4,334,000) | (133,864,000)
Write-off of unsuccessful exploration efforts | (25,789,000) | (12,262,000) | (52,652,000)
Total assets | $ 973,975,000 | $ 895,741,000 | $ 960,266,000
Employees (average) | employee | 469 | 476 | 447
Employees at year end | employee | 482 | 463 | 437
Colombia [Member] |  |  |
Disclosure of Segment information [Line Items] |  |  |
Revenue | $ 978,423,000 | $ 618,268,000 | $ 334,606,000
Sale of crude oil | 977,184,000 | 616,133,000 | 332,461,000
Sale of gas | 1,239,000 | 2,135,000 | 2,145,000
Realized gain (loss) on commodity risk management contracts | (83,244,000) | (109,654,000) | 21,059,000
Production and operating costs | (327,626,000) | (178,384,000) | (92,319,000)
Royalties | (60,314,000) | (33,385,000) | (15,493,000)
Economic rights | (188,989,000) | (72,956,000) | (14,960,000)
Share-based payment | (843,000) | (334,000) | (362,000)
Other operating costs | (77,480,000) | (71,709,000) | (61,504,000)
Adjusted EBITDA | 525,593,000 | 294,847,000 | 218,524,000
Depreciation | (78,775,000) | (61,279,000) | (63,687,000)
Write-off of unsuccessful exploration efforts | (21,318,000) | (7,827,000) | (1,949,000)
Total assets | $ 797,390,000 | $ 689,401,000 | $ 680,828,000
Employees (average) | employee | 362 | 308 | 238
Employees at year end | employee | 388 | 321 | 268
Chile [Member] |  |  |
Disclosure of Segment information [Line Items] |  |  |
Revenue | $ 29,196,000 | $ 21,471,000 | $ 21,704,000
Sale of crude oil | 14,460,000 | 6,297,000 | 5,103,000
Sale of gas | 14,736,000 | 15,174,000 | 16,601,000
Realized gain (loss) on commodity risk management contracts | 0 | 0 | 0
Production and operating costs | (14,126,000) | (11,050,000) | (10,244,000)
Royalties | (1,165,000) | (770,000) | (753,000)
Share-based payment | (103,000) | (31,000) | (94,000)
Other operating costs | (12,858,000) | (10,249,000) | (9,397,000)
Adjusted EBITDA | 11,753,000 | 7,639,000 | 8,148,000
Depreciation | (14,076,000) | (14,275,000) | (33,571,000)
Impairment loss for non-financial assets, net | 0 | (17,641,000) | (81,967,000)
Write-off of unsuccessful exploration efforts | 0 | (4,435,000) | (50,167,000)
Total assets | $ 63,379,000 | $ 71,515,000 | $ 101,742,000
Employees (average) | employee | 53 | 55 | 68
Employees at year end | employee | 49 | 52 | 57
Brazil [Member] |  |  |
Disclosure of Segment information [Line Items] |  |  |
Revenue | $ 19,873,000 | $ 20,109,000 | $ 12,783,000
Sale of crude oil | 796,000 | 661,000 | 891,000
Sale of gas | 19,077,000 | 19,448,000 | 11,892,000
Realized gain (loss) on commodity risk management contracts | 0 | 0 | 0
Production and operating costs | (5,299,000) | (4,596,000) | (3,876,000)
Royalties | (1,546,000) | (1,575,000) | (1,025,000)
Economic rights |  | (67,000) | (24,000)
Share-based payment | 0 | 0 | 0
Other operating costs | (3,753,000) | (2,954,000) | (2,827,000)
Adjusted EBITDA | 11,654,000 | 12,569,000 | 4,784,000
Depreciation | (2,796,000) | (4,082,000) | (3,732,000)
Impairment loss for non-financial assets, net | 0 | 0 | (1,717,000)
Write-off of unsuccessful exploration efforts | 0 | 0 | (536,000)
Total assets | $ 34,329,000 | $ 38,846,000 | $ 38,172,000
Employees (average) | employee | 5 | 4 | 11
Employees at year end | employee | 4 | 4 | 5
Argentina [Member] |  |  |
Disclosure of Segment information [Line Items] |  |  |
Revenue | $ 1,962,000 | $ 28,695,000 | $ 24,599,000
Sale of crude oil | 1,664,000 | 24,468,000 | 21,185,000
Sale of gas | 298,000 | 4,227,000 | 3,414,000
Realized gain (loss) on commodity risk management contracts | 0 | 0 | 0
Production and operating costs | (1,579,000) | (18,760,000) | (18,633,000)
Royalties | (273,000) | (4,270,000) | (3,620,000)
Share-based payment | 1,000 | 26,000 | (72,000)
Other operating costs | (1,307,000) | (14,516,000) | (14,941,000)
Adjusted EBITDA | (3,643,000) | 2,124,000 | 1,195,000
Depreciation | (254,000) | (9,130,000) | (16,564,000)
Impairment loss for non-financial assets, net | 0 | 13,307,000 | (16,205,000)
Write-off of unsuccessful exploration efforts | 0 | 0 | 0
Total assets | $ 1,296,000 | $ 38,111,000 | $ 36,803,000
Employees (average) | employee | 33 | 92 | 114
Employees at year end | employee | 24 | 74 | 97
Peru [Member] |  |  |
Disclosure of Segment information [Line Items] |  |  |
Revenue |  |  | $ 0
Sale of crude oil |  |  | 0
Sale of gas |  |  | 0
Realized gain (loss) on commodity risk management contracts |  |  | 0
Production and operating costs |  |  | 0
Royalties |  |  | 0
Share-based payment |  |  | 0
Other operating costs |  |  | 0
Adjusted EBITDA |  |  | (1,952,000)
Depreciation |  |  | (401,000)
Impairment loss for non-financial assets, net | $ 0 | $ 0 | (33,975,000)
Write-off of unsuccessful exploration efforts |  |  | 0
Total assets |  |  | $ 4,656,000
Employees (average) | employee |  | 4 | 10
Employees at year end | employee |  |  | 5
Ecuador [Member] |  |  |
Disclosure of Segment information [Line Items] |  |  |
Revenue | 10,671,000 | $ 0 | $ 0
Sale of crude oil | 10,671,000 | 0 | 0
Sale of gas | 0 | 0 | 0
Realized gain (loss) on commodity risk management contracts | 0 | 0 | 0
Production and operating costs | (3,220,000) | 0 | 0
Royalties | 0 | 0 | 0
Share-based payment | (10,000) | 0 | 0
Other operating costs | (3,210,000) | 0 | 0
Adjusted EBITDA | 4,197,000 | (2,071,000) | (773,000)
Depreciation | (788,000) | (200,000) | (52,000)
Write-off of unsuccessful exploration efforts | (4,471,000) | 0 | 0
Total assets | $ 35,690,000 | $ 7,782,000 | $ 1,127,000
Employees (average) | employee | 7 | 8 | 2
Employees at year end | employee | 8 | 3 | 2
Corporate [Member] | Other Segments [Member] |  |  |
Disclosure of Segment information [Line Items] |  |  |
Revenue | $ 9,454,000 | $ 0 | $ 0
Sale of crude oil | 0 | 0 | 0
Sale of purchased crude oil | 9,454,000 |  |
Sale of gas | 0 | 0 | 0
Realized gain (loss) on commodity risk management contracts | 0 | 0 | 0
Production and operating costs | (7,929,000) | 0 | 0
Royalties | 0 | 0 | 0
Share-based payment | 0 | 0 | 0
Other operating costs | (7,929,000) | 0 | 0
Adjusted EBITDA | (8,775,000) | (14,308,000) | (12,395,000)
Depreciation | (3,000) | (3,000) | (66,000)
Write-off of unsuccessful exploration efforts | 0 | 0 | 0
Total assets | $ 41,891,000 | $ 50,086,000 | $ 96,938,000
Employees (average) | employee | 9 | 9 | 4
Employees at year end | employee | 9 | 9 | 3

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