XML 36 R4.htm IDEA: XBRL DOCUMENT v3.4.0.3
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues and other income:    
Oil and gas revenue $ 62,125 $ 109,164
Gain on sale of assets   22,751
Other income 8 642
Total revenues and other income 62,133 132,557
Costs and expenses:    
Oil and gas production 29,392 32,100
Exploration expenses 23,858 98,941
General and administrative 17,920 38,667
Depletion and depreciation 31,266 37,007
Interest and other financing costs, net 10,324 10,751
Derivatives, net (4,345) (32,327)
Other expenses, net 14,733 628
Total costs and expenses 123,148 185,767
Loss before income taxes (61,015) (53,210)
Income tax expense (benefit) (2,022) 25,699
Net loss $ (58,993) $ (78,909)
Net loss per share:    
Basic (in dollars per share) $ (0.15) $ (0.21)
Diluted (in dollars per share) $ (0.15) $ (0.21)
Weighted average number of shares used to compute net loss per share:    
Basic (in shares) 384,435 380,355
Diluted (in shares) 384,435 380,355