| Segment Activity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended September 30, 2017
|
|
(in thousands)
|
|
Gabon
|
|
Equatorial Guinea
|
|
U.S.
|
|
Corporate and Other
|
|
Total
|
|
Revenues-oil and natural gas sales
|
|
$
|
18,162
|
|
$
|
—
|
|
$
|
16
|
|
$
|
—
|
|
$
|
18,178
|
|
Depreciation, depletion and amortization
|
|
|
1,633
|
|
|
—
|
|
|
—
|
|
|
67
|
|
|
1,700
|
|
Bad debt expense and other
|
|
|
(49)
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
(49)
|
|
Operating income (loss)
|
|
|
6,067
|
|
|
(44)
|
|
|
10
|
|
|
(2,312)
|
|
|
3,721
|
|
Interest expense, net
|
|
|
(327)
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
(327)
|
|
Income tax expense
|
|
|
2,749
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
2,749
|
|
Additions to property and equipment - accrual
|
|
|
237
|
|
|
—
|
|
|
—
|
|
|
60
|
|
|
297
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended September 30, 2016
|
|
(in thousands)
|
|
Gabon
|
|
Equatorial Guinea
|
|
U.S.
|
|
Corporate and Other
|
|
Total
|
|
Revenues-oil and natural gas sales
|
|
$
|
14,540
|
|
$
|
—
|
|
$
|
95
|
|
$
|
—
|
|
$
|
14,635
|
|
Depreciation, depletion and amortization
|
|
|
1,508
|
|
|
—
|
|
|
38
|
|
|
61
|
|
|
1,607
|
|
Impairment of proved properties
|
|
|
—
|
|
|
—
|
|
|
88
|
|
|
—
|
|
|
88
|
|
Bad debt expense and other
|
|
|
63
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
63
|
|
Other operating expense
|
|
|
324
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
324
|
|
Operating income (loss)
|
|
|
5,013
|
|
|
(184)
|
|
|
(61)
|
|
|
(1,078)
|
|
|
3,690
|
|
Interest income (expense), net
|
|
|
(329)
|
|
|
—
|
|
|
—
|
|
|
2
|
|
|
(327)
|
|
Income tax expense (benefit)
|
|
|
2,305
|
|
|
—
|
|
|
—
|
|
|
(107)
|
|
|
2,198
|
|
Additions to property and equipment - accrual
|
|
|
674
|
|
|
—
|
|
|
—
|
|
|
7
|
|
|
681
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended September 30, 2017
|
|
(in thousands)
|
|
Gabon
|
|
Equatorial Guinea
|
|
U.S.
|
|
Corporate and Other
|
|
Total
|
|
Revenues-oil and natural gas sales
|
|
$
|
59,823
|
|
$
|
—
|
|
$
|
46
|
|
$
|
—
|
|
$
|
59,869
|
|
Depreciation, depletion and amortization
|
|
|
5,344
|
|
|
—
|
|
|
1
|
|
|
194
|
|
|
5,539
|
|
Bad debt expense and other
|
|
|
232
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
232
|
|
Operating income (loss)
|
|
|
25,117
|
|
|
(97)
|
|
|
356
|
|
|
(7,920)
|
|
|
17,456
|
|
Interest expense, net
|
|
|
(1,108)
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
(1,108)
|
|
Income tax expense
|
|
|
9,039
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
9,039
|
|
Additions to property and equipment - accrual
|
|
|
1,051
|
|
|
—
|
|
|
—
|
|
|
60
|
|
|
1,111
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended September 30, 2016
|
|
(in thousands)
|
|
Gabon
|
|
Equatorial Guinea
|
|
U.S.
|
|
Corporate and Other
|
|
Total
|
|
Revenues-oil and natural gas sales
|
|
$
|
44,212
|
|
$
|
—
|
|
$
|
246
|
|
$
|
-
|
|
$
|
44,458
|
|
Depreciation, depletion and amortization
|
|
|
5,484
|
|
|
—
|
|
|
121
|
|
|
182
|
|
|
5,787
|
|
Impairment of proved properties
|
|
|
—
|
|
|
—
|
|
|
88
|
|
|
—
|
|
|
88
|
|
Bad debt expense and other
|
|
|
577
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
577
|
|
Other operating expense
|
|
|
9,959
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
9,959
|
|
Operating income (loss)
|
|
|
1,481
|
|
|
(319)
|
|
|
(64)
|
|
|
(6,308)
|
|
|
(5,210)
|
|
Interest expense, net
|
|
|
(2,285)
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
(2,285)
|
|
Income tax expense
|
|
|
6,884
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
6,884
|
|
Additions to property and equipment - accrual
|
|
|
(1,819)
|
|
|
—
|
|
|
140
|
|
|
7
|
|
|
(1,672)
|
|
| Segment Long-lived Assets And Total Assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(in thousands)
|
|
Gabon
|
|
Equatorial Guinea
|
|
U.S.
|
|
Corporate and Other
|
|
Total
|
|
Total assets from continuing operations:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of September 30, 2017
|
|
$
|
61,694
|
|
$
|
10,093
|
|
$
|
83
|
|
$
|
1,892
|
|
$
|
73,762
|
|
As of December 31, 2016
|
|
|
64,478
|
|
|
10,122
|
|
|
382
|
|
|
3,911
|
|
|
78,893
|
|