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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues and other income:      
Oil and gas revenue $ 310,377 $ 446,696 $ 855,877
Gain on sale of assets   24,651 23,769
Other income 74,978 209 3,092
Total revenues and other income 385,355 471,556 882,738
Costs and expenses:      
Oil and gas production 119,367 105,336 100,122
Facilities insurance modifications 14,961    
Exploration expenses 202,280 156,203 93,519
General and administrative 87,623 136,809 135,231
Depletion and depreciation 140,404 155,966 198,080
Interest and other financing costs, net 44,147 37,209 45,548
Derivatives, net 48,021 (210,649) (281,853)
Restructuring charges     11,742
Other expenses, net 23,116 5,246 2,081
Total costs and expenses 679,919 386,120 304,470
Income (Loss) before taxes (294,564) 85,436 578,268
Income tax expense (benefit) (10,784) 155,272 298,898
Net income (loss) $ (283,780) $ (69,836) $ 279,370
Net income (loss) per share:      
Basic (in dollars per share) $ (0.74) $ (0.18) $ 0.73
Diluted (in dollars per share) $ (0.74) $ (0.18) $ 0.72
Weighted average number of shares used to compute net income (loss) per share:      
Basic (in shares) 385,402 382,610 379,195
Diluted (in shares) 385,402 382,610 386,119