v3.10.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
REVENUES:        
Gains (losses) on commodity derivative contracts-net $ (6,583) $ (3,591) $ (21,870) $ 8,767
Revenues, Total 47,765 49,715 138,994 175,409
EXPENSES:        
Lease operating and workover 11,861 15,653 43,621 48,064
Gathering and transportation (Note 3) 54 3,699 178 11,027
Gathering And Transportation Cost 54 3,699 178 11,027
Severance and other taxes 3,360 2,352 8,998 6,168
Asset retirement accretion 147 274 694 833
Depreciation, depletion, and amortization 15,485 15,170 47,182 46,471
General and administrative 4,688 7,255 19,735 23,102
Advisory Fees     850  
Total expenses 35,595 44,403 121,258 135,665
OPERATING INCOME 12,170 5,312 17,736 39,744
OTHER EXPENSE:        
Interest income 4   28  
Interest expense-net of amounts capitalized (658) (1,649) (3,787) (3,854)
Total other expense (654) (1,649) (3,759) (3,854)
INCOME BEFORE TAXES 11,516 3,663 13,977 35,890
Income tax expense     0  
NET INCOME 11,516 3,663 13,977 35,890
Participating securities-non-vested restricted stock (351) (82) (400) (932)
NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS $ 11,165 $ 3,581 $ 13,577 $ 34,958
Basic and diluted net income per share attributable to common shareholders $ 0.44 $ 0.14 $ 0.54 $ 1.39
Basic and diluted weighted-average number of common shares outstanding (Note 12) 25,332 25,116 25,321 25,074
Revenue from contracts with customers        
REVENUES:        
Revenues, Total $ 54,348 $ 53,306 $ 160,864 $ 166,642
Oil        
REVENUES:        
Revenues, Total 33,218 27,190 99,834 85,497
Natural gas liquid        
REVENUES:        
Revenues, Total 12,720 10,656 35,651 31,580
Natural gas        
REVENUES:        
Revenues, Total 7,026 13,970 22,145 46,321
Other        
REVENUES:        
Revenues, Total $ 1,384 $ 1,490 $ 3,234 $ 3,244

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