Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Operations

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Condensed Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues:    
Oil and natural gas sales $ 19,765 $ 27,645
Operating costs and expenses:    
Production expense 8,219 10,960
Depreciation, depletion and amortization 1,553 1,124
General and administrative expense 4,439 2,603
Bad debt recovery and other (29) (56)
Total operating costs and expenses 14,182 14,631
Other operating income (expense), net (37) 24
Operating income 5,546 13,038
Other income (expense):    
Derivative instruments loss, net (1,912)  
Interest income (expense), net 187 (354)
Other, net (238) 69
Total other expense, net (1,963) (285)
Income from continuing operations before income taxes 3,583 12,753
Income tax expense 2,753 4,042
Income from continuing operations 830 8,711
Income (loss) from discontinued operations, net of tax 5,671 (52)
Net income $ 6,501 $ 8,659
Basic net income (loss) per share:    
Income from continuing operations $ 0.01 $ 0.15
Income (loss) from discontinued operations, net of tax 0.09 0.00
Net income per share $ 0.10 $ 0.15
Basic weighted average shares outstanding 59,630 58,863
Diluted net income (loss) per share:    
Income from continuing operations $ 0.01 $ 0.15
Income (loss) from discontinued operations, net of tax 0.09 0.00
Net income per share $ 0.10 $ 0.15
Diluted weighted average shares outstanding 60,683 58,863