| Segment Activity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, 2017
|
|
(in thousands)
|
|
Gabon
|
|
Equatorial Guinea
|
|
U.S.
|
|
Corporate and Other
|
|
Total
|
|
Revenues-oil and natural gas sales
|
|
$
|
76,978
|
|
$
|
—
|
|
$
|
47
|
|
$
|
—
|
|
$
|
77,025
|
|
Depreciation, depletion and amortization
|
|
|
6,196
|
|
|
—
|
|
|
1
|
|
|
260
|
|
|
6,457
|
|
Bad debt expense and other
|
|
|
452
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
452
|
|
Operating income (loss)
|
|
|
28,488
|
|
|
(122)
|
|
|
352
|
|
|
(8,767)
|
|
|
19,951
|
|
Other, net
|
|
|
3,142
|
|
|
15
|
|
|
—
|
|
|
(1,044)
|
|
|
2,113
|
|
Interest expense, net
|
|
|
(1,414)
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
(1,414)
|
|
Income tax expense (benefit)
|
|
|
11,638
|
|
|
—
|
|
|
—
|
|
|
(1,260)
|
|
|
10,378
|
|
Additions to property and equipment - accrual
|
|
|
1,576
|
|
|
—
|
|
|
—
|
|
|
126
|
|
|
1,702
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, 2016
|
|
(in thousands)
|
|
Gabon
|
|
Equatorial Guinea
|
|
U.S.
|
|
Corporate 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
|
|
Other operating expense
|
|
|
8,853
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
8,853
|
|
Operating income (loss)
|
|
|
3,901
|
|
|
(384)
|
|
|
(72)
|
|
|
(7,836)
|
|
|
(4,391)
|
|
Other, net
|
|
|
(22)
|
|
|
(8)
|
|
|
—
|
|
|
(1,985)
|
|
|
(2,015)
|
|
Interest expense, net
|
|
|
(2,614)
|
|
|
—
|
|
|
—
|
|
|
1
|
|
|
(2,613)
|
|
Income tax expense
|
|
|
9,248
|
|
|
—
|
|
|
—
|
|
|
—
|
|
|
9,248
|
|
Additions to property and equipment - accrual
|
|
|
(4,242)
|
|
|
—
|
|
|
—
|
|
|
181
|
|
|
(4,061)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, 2015
|
|
(in thousands)
|
|
Gabon
|
|
Equatorial Guinea
|
|
U.S.
|
|
Corporate 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)
|
|
Other, net
|
|
|
(1,034)
|
|
|
(33)
|
|
|
—
|
|
|
(469)
|
|
|
(1,536)
|
|
Interest expense, net
|
|
|
(1,144)
|
|
|
—
|
|
|
—
|
|
|
(181)
|
|
|
(1,325)
|
|
Income tax expense
|
|
|
13,238
|
|
|
—
|
|
|
—
|
|
|
1,349
|
|
|
14,587
|
|
Additions to property and equipment - accrual
|
|
|
66,269
|
|
|
—
|
|
|
—
|
|
|
150
|
|
|
66,419
|
|