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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues:        
Total operating revenues $ 203,776 $ 217,631 $ 619,289 $ 651,247
Expenses:        
Lease operating expenses 25,817 23,140 71,226 69,365
Facility lease expense 6,875 5,254 19,557 15,706
Production taxes 20,470 22,482 62,623 66,369
Gathering fees 21,810 22,182 69,046 63,753
Depletion, depreciation and amortization 49,672 41,089 151,954 111,516
General and administrative 1,482 8,247 16,233 34,308
Total operating expenses 126,126 122,394 390,639 361,017
Operating income 77,650 95,237 228,650 290,230
Other income (expense), net:        
Interest expense (38,382) (210,107) (111,934) (324,979)
(Loss) gain on commodity derivatives (21,804) 4,650 (75,607) 12,149
Deferred gain on sale of liquids gathering system 2,638 2,638 7,915 7,915
Contract settlement expense (2,676)   (2,676) (52,707)
Other income (expense), net 1,137 92 (404) (28)
Total other (expense) income, net (59,087) (202,727) (182,706) (357,650)
Reorganization items, net   (227,123)   142,147
Income (loss) before income tax provision 18,563 (334,613) 45,944 74,727
Income tax (benefit) provision   (6,886) 442 (6,884)
Net income (loss) $ 18,563 $ (327,727) $ 45,502 $ 81,611
Basic earnings (loss) per share:        
Net income (loss) per common share - basic $ 0.09 $ (1.67) $ 0.23 $ 0.53
Fully diluted earnings (loss) per share:        
Net income (loss) per common share - fully diluted $ 0.09 $ (1.67) $ 0.23 $ 0.53
Weighted average common shares outstanding - basic 197,054 196,331 196,888 152,864
Weighted average common shares outstanding - fully diluted 197,055 196,331 197,288 153,068
Natural Gas Sales        
Revenues:        
Total operating revenues $ 156,986 $ 182,949 $ 479,704 $ 551,797
Oil Sales        
Revenues:        
Total operating revenues 41,523 32,334 125,974 94,415
Other Revenues        
Revenues:        
Total operating revenues $ 5,267 $ 2,348 $ 13,611 $ 5,035