SUPPLEMENTAL DISCLOSURE OF OIL AND NATURAL GAS OPERATIONS (Tables)

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Schedule of Oil and Natural Gas Reserves that are Attributable

	December 31,
	2016			2015
Oil and natural gas properties:	(in thousands)
Proved properties	$	3,751		$	1,734
Unproved properties		1,170			2,445
Facilities		1,443			—
Total oil and natural gas properties		6,364			4,179
Less oil property impairment		(141	)
Less accumulated depreciation, depletion and amortization		(14	)		(6	)
Net oil and natural gas properties capitalized	$	6,209		$	4,173

Schedule of Reserve Quantity Information

	Year Ended December 31,
	2016		2015		2014
Acquisition costs:	(in thousands)
Proved properties	$	—	$	1,200	$	—
Unproved properties		—		1,170		391
Development costs		2,171		944		611
Total	$	2,171	$	3,314	$	1,002

Schedule of Proved Developed and Undeveloped Reserves

	Year Ended December 31, 2016
	Crude Oil			Natural Gas
	(Bbls)			(Mcf)		Boe
	(in thousands)
Proved Developed and Undeveloped Reserves:
Beginning of the year		1,414			—		1,414
Extensions and discoveries		—			—		—
Revisions of previous estimates		(251	)		—		(251	)
Purchases of reserves in place					—
Divestures of reserves in place		—			—		—
Production		(3	)		—		(3	)
End of the year		1,160			—		1,160
Proved Developed Reserves:
Beginning of the year		358			—		358
End of the year		240			—		240
Proved Undeveloped Reserves:
Beginning of the year		1,056			—		1,056
End of the year		920			—		920

	Year Ended December 31, 2015
	Crude Oil			Natural Gas
	(Bbls)			(Mcf)		Boe
	(in thousands)
Proved Developed and Undeveloped Reserves:
Beginning of the year		—			—		—
Extensions and discoveries		—			—		—
Revisions of previous estimates		—			—		—
Purchases of reserves in place		1,418			—		1,418
Divestures of reserves in place		—			—		—
Production		(4	)		—		(4	)
End of the year		1,414			—		1,414
Proved Developed Reserves:
Beginning of the year		—			—		—
End of the year		358			—		358
Proved Undeveloped Reserves:
Beginning of the year		—			—		—
End of the year		1,056			—		1,056

	Year Ended December 31, 2014
	Crude Oil		Natural Gas
	(Bbls)		(Mcf)		Boe
	(in thousands)
Proved Developed and Undeveloped Reserves:
Beginning of the year		—		—		—
Extensions and discoveries		—		—		—
Revisions of previous estimates		—		—		—
Purchases of reserves in place		—		—		—
Divestures of reserves in place		—		—		—
Production		—		—		—
End of the year		—		—		—
Proved Developed Reserves:
Beginning of the year		—		—		—
End of the year		—		—		—
Proved Undeveloped Reserves:
Beginning of the year		—		—		—
End of the year		—		—		—

Schedule of Standardized Measure of Discounted Future Net Cash Flows Relating to Proved Oil and Natural Gas Reserves

	December 31,
	2016			2015			2014
	(in thousands)
Future cash inflows	$	41,220		$	63,111		$	—
Future development costs		(8,785	)		(13,141	)		—
Future production costs		(25,567	)		(34,494	)		—
Future income tax expenses		(860	)		(2,974	)		—
Future net cash flows		6,008			12,502			—
10% discount to reflect timing of cash flows		(2,927	)		(5,395	)		—
Standardized measure of discounted future net cash flows	$	3,081		$	7,107		$	—