NOTE 18 – OPERATING SEGMENTS
Segment information is provided on the basis of geographic segments as the Company manages its business through two geographic regions – Canada and the United States. The two geographic segments presented reflect the way in which the Company’s management reviews business performance. The Company’s revenue and losses of each geographic segment are as follows:
| Canada | United States | Total | |||||||||||||||||||||||||
| 2017 | 2016 | 2015 | 2017 | 2016 | 2015 | 2017 | 2016 | 2015 | |||||||||||||||||||
| $ | $ | $ | $ | $ | $ | $ | $ | $ | |||||||||||||||||||
| Year ended December 31 | |||||||||||||||||||||||||||
| Revenues, net of royalties | 1,814 | 3,190 | 6,606 | 666 | 883 | 490 | 2,480 | 4,073 | 7,096 | ||||||||||||||||||
| Segmented loss | (4,948 | ) | (3,279 | ) | (1,769 | ) | (261 | ) | (2,207 | ) | (5,339 | ) | (5,209 | ) | (5,486 | ) | (7,108 | ) | |||||||||
| Amortization, depletion and impairment losses | 1,784 | 2,324 | 3,441 | 844 | 2,169 | 748 | 2,628 | 4,493 | 4,189 | ||||||||||||||||||
| Interest expense | 950 | 1,236 | 500 | - | 294 | 525 | 950 | 1,530 | 1,025 | ||||||||||||||||||
| Capital expenditures | 414 | 305 | 1,168 | 42 | 225 | 4,570 | 456 | 530 | 5,738 | ||||||||||||||||||