(In thousands of dollars except per share information)

1st Quarter

2nd Quarter

3rd Quarter

4th Quarter

2014

Total revenues (1)

$

28,071

$

52,098

$

24,486

$

23,037

Total operating costs and expenses

28,721

18,270

17,799

117,308

Operating income (loss)

(650

)

33,828

6,687

(94,270

)

Net income (loss)

(7,038

)

24,712

3,109

(98,332

)

Basic net income (loss) per share

$

(0.12

)

$

0.43

$

0.05

$

(1.70

)

Diluted net income (loss) per share

$

(0.12

)

$

0.43

$

0.05

$

(1.70

)

(In thousands of dollars except per share information)

1st Quarter

2nd Quarter

3rd Quarter

4th Quarter

2013

Total revenues (1)

$

44,137

$

29,118

$

37,740

$

58,282

Total operating costs and expenses

22,634

17,452

29,636

22,331

Operating income

21,503

11,666

8,104

35,951

Net income

7,188

7,121

2,386

26,377

Basic net income per share

$

0.12

$

0.12

$

0.04

$

0.46

Diluted net income per share

$

0.12

$

0.12

$

0.04

$

0.46

(1)

Gabon crude oil sales are a function of the number and size of crude oil liftings in each quarter from the floating production, storage and offloading (“FPSO”) facility.