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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues and other income:    
Oil and gas revenue $ 103,432 $ 62,125
Other income, net 48,534 8
Total revenues and other income 151,966 62,133
Costs and expenses:    
Oil and gas production 19,886 29,392
Facilities insurance modifications, net 2,574  
Exploration expenses 105,714 23,858
General and administrative 15,787 17,920
Depletion and depreciation 34,978 31,266
Interest and other financing costs, net 16,786 10,324
Derivatives, net (37,857) (4,345)
Other expenses, net 762 14,733
Total costs and expenses 158,630 123,148
Loss before income taxes (6,664) (61,015)
Income tax expense (benefit) 22,177 (2,022)
Net loss $ (28,841) $ (58,993)
Net loss per share:    
Basic (in dollars per share) $ (0.07) $ (0.15)
Diluted (in dollars per share) $ (0.07) $ (0.15)
Weighted average number of shares used to compute net loss per share:    
Basic (in shares) 387,312 384,435
Diluted (in shares) 387,312 384,435