| Segment Activity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, 2015
|
|
|
|
|
|
|
|
|
|
Equatorial
|
|
|
|
|
Corporate
|
|
|
|
|
(in thousands)
|
|
Gabon
|
|
Angola
|
|
Guinea
|
|
U.S.
|
|
and Other
|
|
Total
|
|
Revenues-oil and natural gas sales
|
|
$
|
79,947
|
|
$
|
-
|
|
$
|
-
|
|
$
|
498
|
|
$
|
-
|
|
$
|
80,445
|
|
Depreciation, depletion and amortization
|
|
|
32,125
|
|
|
12
|
|
|
-
|
|
|
633
|
|
|
240
|
|
|
33,010
|
|
Impairment of proved properties
|
|
|
78,080
|
|
|
-
|
|
|
-
|
|
|
3,242
|
|
|
-
|
|
|
81,322
|
|
Bad debt expense and other
|
|
|
2,968
|
|
|
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
2,968
|
|
Operating loss
|
|
|
(87,243)
|
|
|
(40,447)
|
|
|
(1,342)
|
|
|
(4,366)
|
|
|
(10,155)
|
|
|
(143,553)
|
|
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
|
|
Angola
|
|
Guinea
|
|
U.S.
|
|
and Other
|
|
Total
|
|
Revenues-oil and natural gas sales
|
|
$
|
126,322
|
|
$
|
-
|
|
$
|
-
|
|
$
|
1,369
|
|
$
|
-
|
|
$
|
127,691
|
|
Depreciation, depletion and amortization
|
|
|
19,079
|
|
|
12
|
|
|
-
|
|
|
901
|
|
|
94
|
|
|
20,086
|
|
Impairment of proved properties
|
|
|
98,341
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
98,341
|
|
Bad debt expense and other
|
|
|
2,400
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
2,400
|
|
Operating income (loss)
|
|
|
(42,105)
|
|
|
(3,798)
|
|
|
(1,525)
|
|
|
(119)
|
|
|
(6,859)
|
|
|
(54,406)
|
|
Interest income (expense), net
|
|
|
42
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
33
|
|
|
75
|
|
Income tax expense
|
|
|
22,486
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
22,486
|
|
Additions to property and equipment
|
|
|
83,170
|
|
|
3,117
|
|
|
-
|
|
|
8
|
|
|
816
|
|
|
87,111
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, 2013
|
|
|
|
|
|
|
|
|
|
Equatorial
|
|
|
|
|
Corporate
|
|
|
|
|
(in thousands)
|
|
Gabon
|
|
Angola
|
|
Guinea
|
|
U.S.
|
|
and Other
|
|
Total
|
|
Revenues-oil and natural gas sales
|
|
$
|
167,386
|
|
$
|
-
|
|
$
|
-
|
|
$
|
1,891
|
|
$
|
-
|
|
$
|
169,277
|
|
Depreciation, depletion and amortization
|
|
|
15,310
|
|
|
28
|
|
|
-
|
|
|
1,528
|
|
|
63
|
|
|
16,929
|
|
Bad debt expense and other
|
|
|
-
|
|
|
3,326
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
3,326
|
|
Operating income (loss)
|
|
|
98,795
|
|
|
(3,018)
|
|
|
(768)
|
|
|
(11,869)
|
|
|
(5,915)
|
|
|
77,225
|
|
Interest income (expense), net
|
|
|
40
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
33
|
|
|
73
|
|
Income tax expense
|
|
|
34,115
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
34,115
|
|
Additions to property and equipment
|
|
|
53,015
|
|
|
629
|
|
|
-
|
|
|
-
|
|
|
47
|
|
|
53,691
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Segment Long-lived Assets And Total Assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Equatorial
|
|
|
|
|
Corporate
|
|
|
|
|
(in thousands)
|
|
Gabon
|
|
Angola
|
|
Guinea
|
|
U.S.
|
|
and Other
|
|
Total
|
|
Long-lived assets as of December 31, 2015
|
|
$
|
21,329
|
|
$
|
16
|
|
$
|
10,000
|
|
$
|
1,234
|
|
$
|
794
|
|
$
|
33,373
|
|
Long-lived assets as of December 31, 2014
|
|
|
76,247
|
|
|
14,645
|
|
|
10,000
|
|
|
6,359
|
|
|
873
|
|
|
108,124
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total assets as of December 31, 2015
|
|
$
|
98,858
|
|
$
|
10,304
|
|
$
|
10,200
|
|
$
|
1,470
|
|
$
|
3,126
|
|
$
|
123,958
|
|
Total assets as of December 31, 2014
|
|
|
192,957
|
|
|
22,305
|
|
|
10,197
|
|
|
6,611
|
|
|
16,779
|
|
|
248,849
|
|