Quarterly report pursuant to Section 13 or 15(d)

Dispositions (Tables)

v3.19.1
Dispositions (Tables)
 3 Months Ended
Mar. 31, 2019
Dispositions [Abstract]  
Summarized Results Of, And Assets And Liabilities Attributable To, Discontinued Operations

Summarized Results of Discontinued Operations



 

 

 

 

 



Three Months Ended March 31,



2019

 

2018



(in thousands)

Operating costs and expenses:

 

 

 

 

 

Gain on settlement of drilling obligation

$

 (7,193)

 

$

 —

General and administrative expense

 

 14 

 

 

 32 

Total operating costs, expenses and (recovery)

 

 (7,179)

 

 

 32 

Operating income (loss)

 

 7,179 

 

 

 (32)

Other income (expense):

 

 

 

 

 

Other, net

 

 —

 

 

 (20)

Total other income (expense)

 

 —

 

 

 (20)

Income (loss) from discontinued operations before income taxes

 

 7,179 

 

 

 (52)

Income tax expense

 

 1,508 

 

 

 —

Income (loss) from discontinued operations

$

 5,671 

 

$

 (52)



Assets and Liabilities Attributable to Discontinued Operations





 

 

 

 

 

 



 

Balance at



 

March 31, 2019

 

December 31, 2018



 

(in thousands)

ASSETS

 

 

 

 

 

 

Accounts with joint venture owners

 

$

 —

 

$

 3,290 

Total current assets

 

 

 —

 

 

 3,290 

Total assets

 

$

 —

 

$

 3,290 



 

 

 

 

 

 

LIABILITIES

 

 

 

 

 

 

Current liabilities:

 

 

 

 

 

 

Accounts payable

 

$

 17 

 

$

 73 

Accrued liabilities and other

 

 

 4,658 

 

 

 15,172 

Total current liabilities

 

 

 4,675 

 

 

 15,245 

Total liabilities

 

$

 4,675 

 

$

 15,245