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ASSET RETIREMENT OBLIGATION (Tables)
9 Months Ended
Sep. 30, 2020
ASSET RETIREMENT OBLIGATION  
Summary of Asset Retirement Obligation

 

 

 

 

 

 

 

 

    

September 30, 

    

December 31, 

(thousands of dollars)

 

2020

 

2019

Balance, beginning of period

 

$

6,300

 

$

6,203

Liabilities settled

 

 

(501)

 

 

(293)

Accretion expense

 

 

170

 

 

390

Balance, end of period

 

 

5,969

 

 

6,300

Less: ARO included in current liabilities held for sale

 

 

(5,969)

 

 

(894)

ARO included in liabilities held for sale, non-current

 

$

 —

 

$

5,406