v3.19.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
REVENUES:    
Losses on commodity derivative contracts-net $ (7,732) $ (3,939)
Total revenues 22,109 48,905
EXPENSES:    
Lease operating and workover 8,990 14,808
Gathering and transportation 19 57
Severance and other taxes 1,933 2,861
Asset retirement accretion 157 297
Depreciation, depletion, and amortization 11,794 15,213
Impairment in carrying value of oil and gas properties 9,653  
General and administrative 6,438 9,857
Total expenses 38,984 43,093
OPERATING INCOME (LOSS) (16,875) 5,812
OTHER EXPENSE    
Interest income 5 19
Interest expense-net of amounts capitalized (937) (1,827)
Total other expense (932) (1,808)
INCOME (LOSS) BEFORE TAXES (17,807) 4,004
NET INCOME (LOSS) (17,807) 4,004
Participating securities-non-vested restricted stock   (99)
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS $ (17,807) $ 3,905
Basic and diluted net income (loss) per share attributable to common shareholders $ (0.78) $ 0.15
Basic and diluted weighted average number of common shares outstanding (Note 13) 22,837 25,299
Revenue from contracts with customers    
REVENUES:    
Total revenues $ 29,841 $ 52,844
Oil    
REVENUES:    
Total revenues 16,327 32,414
Natural gas liquid    
REVENUES:    
Total revenues 6,216 11,038
Natural gas    
REVENUES:    
Total revenues 6,610 8,337
Other    
REVENUES:    
Total revenues $ 688 $ 1,055

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