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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Revenues $ 12,770 $ 17,697
Operating expenses:    
Production taxes 613 906
General and administrative 5,826 9,679
Depreciation, depletion, amortization and accretion 3,292 8,153
Total operating expenses 14,754 24,680
Operating loss (1,984) (6,983)
Other income (expense):    
Gain (loss) from commodity derivatives 21,198 (10,577)
Change in fair value of financial instruments (17,363) (335)
Interest expense (3,802) (4,828)
Other income 47 31
Total other income (expense) 80 (15,709)
Net loss before income taxes (1,904) (22,692)
Income tax expense 0 0
Net loss (1,904) (22,692)
Paid-in-kind dividends on preferred stock (7,172) (4,825)
Net loss attributable to common stockholders $ (9,076) $ (27,517)
Net loss per common share-basic and diluted:    
Basic (in dollars per share) $ (0.10) $ (0.35)
Diluted (in dollars per share) $ (0.10) $ (0.35)
Weighted average common shares outstanding:    
Basic (in shares) 94,148,261 77,916,448
Diluted (in shares) 94,148,261 77,916,448
Oil sales    
Revenues:    
Revenues $ 12,362 $ 14,701
Operating expenses:    
Costs of goods and services sold 4,696 4,764
Natural gas sales    
Revenues:    
Revenues 189 1,526
Natural gas liquid sales    
Revenues:    
Revenues 219 1,470
Gathering, processing and transportation    
Operating expenses:    
Costs of goods and services sold $ 327 $ 1,178