Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
REVENUES
Oil	$ 12,519	$ 5,539
Natural gas	1,694	943
Natural gas liquids	1,130	328
Total revenues	15,343	6,810
OPERATING COSTS AND EXPENSES
Lease operating expense	4,339	3,159
Severance taxes	790	382
Rig idle expense		1,269
Depreciation, depletion and amortization	7,889	5,505
General and administrative expense	3,492	2,686
Stock-based compensation	1,311
Transaction costs	803	512
Accretion of asset retirement obligation	152	128
Exploration expense		5
Total operating costs and expenses	18,776	13,646
Loss from operations	(3,433)	(6,836)
OTHER INCOME (EXPENSE)
Interest expense, net	(337)	(223)
Gain on derivative contracts, net	4,460	765
Other income (expense), net	1	(127)
Total other income (expense)	4,124	415
Income (loss) before income taxes	691	(6,421)
Income tax benefit	38
Net income (loss)	$ 729	$ (6,421)
Net income (loss) per common share:
Basic	$ 0.03	$ (0.46)
Diluted	$ 0.03	$ (0.46)
Weighted average common shares outstanding:
Basic	22,276,996	13,820,128
Diluted	22,585,474	13,820,128