Note 4 - Asset Impairments

9 Months Ended

Sep. 30, 2020

Notes to Financial Statements

Asset Impairment Charges [Text Block]

Note 4. Asset Impairments

The Company had the following non-cash asset impairment charges for the three and nine months ended September 30, 2020 (in thousands):

	Three Months Ended September 30, 2020		Nine Months Ended September 30, 2020
Proved property	$	—	$	25,252
Unproved property		2,115		19,676
Goodwill		—		17,620
Impairment expense	$	2,115	$	62,548

See further discussion of non-cash asset impairment charges to Proved property and Unproved property in Note 5. Oil and Natural Gas Properties and non-cash asset impairment charges to Goodwill in Note 15. Goodwill.

The Company did not record any impairments during the three and nine months ended September 30, 2019.