| Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|
REVENUES: | |||||||||
Revenues | |||||||||
114,035 | 105,349 | 90,302 | - | - | - | - | - | - | - |
Oil, NGLs and gas sales | |||||||||
- | - | - | 131,336 | 258,529 | 181,302 | 128,892 | 108,387 | 57,581 | 40,648 |
EXPENSES: | |||||||||
Lease operating | |||||||||
21,129 | 17,902 | 19,250 | - | - | - | - | - | - | - |
Lease operating | |||||||||
- | - | - | 28,972 | 32,701 | 19,152 | 19,002 | - | - | - |
Production and ad valorem taxes | |||||||||
8,923 | 8,644 | 8,217 | 11,085 | 15,934 | 12,840 | 9,255 | - | - | - |
Lease operating | |||||||||
- | - | - | - | - | - | - | 10,687 | 6,620 | 7,777 |
Production and ad valorem taxes | |||||||||
- | - | - | - | - | - | - | 8,447 | 4,925 | - |
Exploration | |||||||||
420 | 3,657 | 3,923 | 4,439 | 3,831 | 2,238 | 4,550 | 9,546 | - | - |
Severance and production taxes | |||||||||
- | - | - | - | - | - | - | - | - | 1,996 |
Exploration | |||||||||
- | - | - | - | - | - | - | - | 2,589 | 1,621 |
Impairment | |||||||||
- | - | - | - | - | - | - | - | 2,622 | 2,964 |
General and administrative | |||||||||
20,922 | 24,333 | 24,734 | 28,341 | 32,104 | 26,524 | 24,903 | 17,900 | 11,422 | 10,617 |
Termination costs | |||||||||
- | - | - | 1,436 | - | - | - | - | - | - |
Impairment of oil and gas properties | |||||||||
- | - | - | 220,197 | 0 | 0 | - | 18,476 | - | - |
Depletion, depreciation and amortization | |||||||||
61,432 | 70,521 | 79,044 | 109,319 | 106,802 | 76,956 | 60,381 | 32,475 | 22,224 | 24,660 |
Total expenses | |||||||||
112,826 | 125,057 | 135,168 | 403,789 | 191,372 | 137,710 | - | - | - | - |
Total expenses | |||||||||
- | - | - | - | - | - | 118,091 | 97,531 | 50,402 | 49,635 |
OPERATING (LOSS) INCOME | |||||||||
1,209 | -19,708 | -44,866 | -272,453 | 67,157 | 43,592 | 10,801 | 10,856 | 7,179 | -8,987 |
OTHER: | |||||||||
Interest expense, net | |||||||||
25,117 | 21,053 | 27,259 | 25,066 | 21,651 | 14,084 | 4,737 | - | - | - |
Gain on debt extinguishment | |||||||||
- | 5,053 | - | 10,563 | - | - | - | - | - | - |
Write-off of debt issuance costs | |||||||||
- | - | 563 | - | - | - | - | - | - | - |
Commodity derivative gain (loss) | |||||||||
-321 | -262 | -5,484 | 19,275 | - | - | - | - | - | - |
Equity in losses of investee | |||||||||
- | - | - | - | -181 | 156 | -108 | - | - | - |
Interest expense, net | |||||||||
- | - | - | - | - | - | - | 3,402 | 2,189 | 1,787 |
Gain on sale of equity method investment | |||||||||
- | - | - | - | - | 90,743 | - | - | - | - |
Realized (loss) gain on commodity derivatives | |||||||||
- | - | - | - | 2,359 | -1,048 | -108 | 3,375 | 5,784 | - |
Unrealized (loss) gain on commodity derivatives | |||||||||
- | - | - | - | 42,113 | -4,596 | 3,874 | - | - | - |
Other expense | |||||||||
-29 | 32 | 1,511 | 172 | 67 | - | - | - | - | - |
Realized gain on commodity derivatives | |||||||||
- | - | - | - | - | - | - | - | - | 14,659 |
Unrealized (loss) gain on commodity derivatives | |||||||||
- | - | - | - | - | - | - | 347 | -788 | 9,899 |
Gain on sale of oil and gas properties, net of foreign currency transaction loss | |||||||||
- | - | - | - | - | - | - | 248 | - | - |
LOSS BEFORE INCOME TAX BENEFIT | |||||||||
-24,258 | -35,938 | -76,661 | -267,509 | 89,864 | 114,763 | 9,722 | 10,730 | 11,562 | -6,014 |
Current | |||||||||
-66 | -66 | - | -265 | -25 | 429 | - | 0 | - | - |
Deferred | |||||||||
-4,281 | 76,487 | -24,418 | -93,140 | 33,717 | 42,078 | 3,338 | 3,488 | - | - |
INCOME TAX BENEFIT | |||||||||
- | - | - | - | - | - | - | - | 4,100 | -785 |
NET LOSS | |||||||||
-19,911 | -112,359 | -52,243 | -174,104 | 56,172 | 72,256 | - | - | - | -5,229 |
NET (LOSS) INCOME | |||||||||
- | - | - | - | - | - | 6,384 | 7,242 | 7,462 | - |
LOSS PER SHARE: | |||||||||
Basic | |||||||||
-0.21 | -1.35 | -1.26 | -4.30 | 1.43 | 1.85 | 0.18 | 0.25 | 0.34 | -0.25 |
Diluted | |||||||||
-0.21 | -1.35 | -1.26 | -4.30 | 1.42 | 1.85 | 0.18 | 0.25 | 0.34 | -0.25 |
WEIGHTED AVERAGE SHARES OUTSTANDING: | |||||||||
Basic | |||||||||
94,581 | 83,404 | 41,488 | 40,464 | 39,407 | 38,997 | 34,965 | 28,930 | 22,065 | 20,869 |
Diluted | |||||||||
94,581 | 83,404 | 41,488 | 40,464 | 39,419 | 39,019 | 35,030 | 29,158 | 22,214 | 20,869 |