Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Oil, natural gas, and natural gas liquids revenues:
Oil	$ 8,262	$ 10,385	$ 21,898	$ 31,586
Natural gas	1,417	1,971	3,376	5,483
Natural gas liquids	851	677	1,843	2,164
Total oil, natural gas, and natural gas liquids revenues	10,530	13,033	27,117	39,233
Gathering income	55	60	142	233
Gain (loss) on sales of oil and gas properties, net	8	(13)	8	1,667
Total revenues	10,593	13,080	27,267	41,133
Production costs:
Lease operating expense	3,981	4,138	10,248	12,751
Severance taxes	522	746	1,418	2,122
Rig idle and contract termination expense			5,059
Depreciation, depletion, and amortization	5,149	8,107	16,252	22,705
Re-engineering and workovers	798	234	1,379	520
Exploration expense			5	142
General and administrative expense	3,131	2,450	8,602	7,505
General and administrative expense - stock-based compensation	1,328		1,889
Total operating costs and expenses	14,909	15,675	44,852	45,745
Loss from operations	(4,316)	(2,595)	(17,585)	(4,612)
OTHER INCOME (EXPENSE)
Interest expense, net	(341)	(169)	(934)	(507)
Gain (loss) on derivative contracts, net	946	5,166	(2,517)	4,522
Other income (expense), net	12	127	(70)	384
Total other income (expense)	617	5,124	(3,521)	4,399
(Loss) income before income taxes	(3,699)	2,529	(21,106)	(213)
Income tax expense (benefit)	201	811	387	(69)
Net (loss) income	$ (3,900)	$ 1,718	$ (21,493)	$ (144)
Net (loss) income per common share:
Basic	$ (0.17)	$ 0.12	$ (1.23)	$ (0.01)
Diluted	$ (0.17)	$ 0.12	$ (1.23)	$ (0.01)
Weighted average common shares outstanding:
Basic	22,289,177	13,835,128	17,433,079	13,835,128
Diluted	22,289,177	13,835,128	17,433,079	13,835,128