Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Operations

v3.3.0.814
Condensed Consolidated Statements Of Operations - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues:        
Oil and gas sales $ 17,546 $ 24,486 $ 62,922 $ 104,659
Operating costs and expenses:        
Production expense 7,859 7,145 26,637 21,643
Exploration expense 9,007 598 37,579 15,213
Depreciation, depletion and amortization 8,259 4,289 23,493 15,444
General and administrative expense 3,804 3,967 11,506 10,689
Other costs and expenses 2,750 1,800 3,326 1,800
Impairment of proved properties 17,988   29,208  
Total operating costs and expenses 49,667 17,799 131,749 64,789
Other operating income, net     398  
Operating income (loss) (32,121) 6,687 (68,429) 39,870
Other income (expense):        
Interest income 3 19 12 65
Interest expense (465)   (1,119)  
Other, net 1,622 164 2,004 (250)
Total other income (expense) 1,160 183 897 (185)
Income (loss) before income taxes (30,961) 6,870 (67,532) 39,685
Income tax expense 2,707 3,761 10,345 18,897
Net income (loss) $ (33,668) $ 3,109 $ (77,877) $ 20,788
Basic net income (loss) per share $ (0.58) $ 0.05 $ (1.34) $ 0.36
Diluted net income (loss) per share $ (0.58) $ 0.05 $ (1.34) $ 0.36
Basic weighted average shares outstanding 58,392,240 57,304,763 58,226,687 57,040,166
Diluted weighted average shares outstanding 58,392,240 57,868,303 58,226,687 57,575,305
Scenario, Actual [Member]        
Other income (expense):        
Net income (loss)     $ 77,600