| Segment Activity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, 2016
|
|
|
|
|
|
|
Equatorial
|
|
|
|
|
Corporate
|
|
|
|
|
(in thousands)
|
|
Gabon
|
|
Guinea
|
|
U.S.
|
|
and Other
|
|
Total
|
|
Revenues-oil and natural gas sales
|
|
$
|
59,460
|
|
$
|
-
|
|
$
|
324
|
|
$
|
-
|
|
$
|
59,784
|
|
Depreciation, depletion and amortization
|
|
|
6,531
|
|
|
-
|
|
|
151
|
|
|
244
|
|
|
6,926
|
|
Impairment of proved properties
|
|
|
-
|
|
|
-
|
|
|
88
|
|
|
-
|
|
|
88
|
|
Bad debt expense and other
|
|
|
1,222
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
1,222
|
|
Operating income (loss)
|
|
|
3,901
|
|
|
(384)
|
|
|
(72)
|
|
|
(7,836)
|
|
|
(4,391)
|
|
Interest income (expense), net
|
|
|
(2,614)
|
|
|
-
|
|
|
-
|
|
|
1
|
|
|
(2,613)
|
|
Income tax expense
|
|
|
9,248
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
9,248
|
|
Additions to property and equipment
|
|
|
(4,242)
|
|
|
-
|
|
|
-
|
|
|
181
|
|
|
(4,061)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, 2015
|
|
|
|
|
|
|
Equatorial
|
|
|
|
|
Corporate
|
|
|
|
|
(in thousands)
|
|
Gabon
|
|
Guinea
|
|
U.S.
|
|
and Other
|
|
Total
|
|
Revenues-oil and natural gas sales
|
|
$
|
79,947
|
|
$
|
-
|
|
$
|
498
|
|
$
|
-
|
|
$
|
80,445
|
|
Depreciation, depletion and amortization
|
|
|
32,125
|
|
|
-
|
|
|
633
|
|
|
240
|
|
|
32,998
|
|
Impairment of proved properties
|
|
|
78,080
|
|
|
-
|
|
|
3,242
|
|
|
-
|
|
|
81,322
|
|
Bad debt expense and other
|
|
|
2,968
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
2,968
|
|
Operating income (loss)
|
|
|
(87,243)
|
|
|
(1,342)
|
|
|
(4,366)
|
|
|
(10,155)
|
|
|
(103,106)
|
|
Interest income (expense), net
|
|
|
(1,144)
|
|
|
-
|
|
|
-
|
|
|
(181)
|
|
|
(1,325)
|
|
Income tax expense
|
|
|
13,238
|
|
|
-
|
|
|
-
|
|
|
1,349
|
|
|
14,587
|
|
Additions to property and equipment
|
|
|
66,269
|
|
|
-
|
|
|
-
|
|
|
150
|
|
|
66,419
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, 2014
|
|
|
|
|
|
|
Equatorial
|
|
|
|
|
Corporate
|
|
|
|
|
(in thousands)
|
|
Gabon
|
|
Guinea
|
|
U.S.
|
|
and Other
|
|
Total
|
|
Revenues-oil and natural gas sales
|
|
$
|
126,322
|
|
$
|
-
|
|
$
|
1,369
|
|
$
|
-
|
|
$
|
127,691
|
|
Depreciation, depletion and amortization
|
|
|
19,079
|
|
|
-
|
|
|
901
|
|
|
94
|
|
|
20,074
|
|
Impairment of proved properties
|
|
|
98,341
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
98,341
|
|
Bad debt expense and other
|
|
|
2,400
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
2,400
|
|
Operating income (loss)
|
|
|
(42,105)
|
|
|
(1,525)
|
|
|
(119)
|
|
|
(6,856)
|
|
|
(50,605)
|
|
Interest income (expense), net
|
|
|
42
|
|
|
-
|
|
|
-
|
|
|
33
|
|
|
75
|
|
Income tax expense
|
|
|
22,486
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
22,486
|
|
Additions to property and equipment
|
|
|
83,170
|
|
|
-
|
|
|
8
|
|
|
816
|
|
|
83,994
|
|
| Segment Long-lived Assets And Total Assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Equatorial
|
|
|
|
|
Corporate
|
|
|
|
|
(in thousands)
|
|
Gabon
|
|
Guinea
|
|
U.S.
|
|
and Other
|
|
Total
|
|
Long lived assets from continuing operations:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
as of December 31, 2016
|
|
$
|
17,291
|
|
$
|
10,000
|
|
$
|
-
|
|
$
|
728
|
|
$
|
28,019
|
|
as of December 31, 2015
|
|
|
21,329
|
|
|
10,000
|
|
|
1,234
|
|
|
794
|
|
|
33,357
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total assets from continuing operations:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
as of December 31, 2016
|
|
$
|
64,478
|
|
$
|
10,122
|
|
$
|
382
|
|
$
|
3,911
|
|
$
|
78,893
|
|
as of December 31, 2015
|
|
|
98,858
|
|
|
10,200
|
|
|
1,470
|
|
|
5,045
|
|
|
115,573
|
|