CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
REVENUES :
Oil sales	$ 67,498	$ 131,273	$ 126,755	$ 247,495
Natural gas liquid sales	10,239	23,020	21,249	48,539
Natural gas sales	15,995	24,994	35,167	50,379
Gains (losses) on commodity derivative contracts - net	(19,293)	(31,467)	2,079	(54,140)
Other	315	170	678	379
Total revenues	74,754	147,990	185,928	292,652
EXPENSES :
Lease operating and workover	21,758	19,721	45,020	39,848
Gathering and transportation	3,931	2,940	7,369	5,795
Severance and other taxes	2,505	5,632	6,069	13,279
Asset retirement accretion	390	432	835	929
Depreciation, depletion, and amortization	55,255	71,074	113,683	137,975
Impairment in carrying value of oil and gas properties	498,389		673,056	86,471
General and administrative	11,461	13,434	23,115	25,118
Acquisition and transaction costs	251	2,483	251	2,611
Debt restructuring costs	34,398		36,141
Other		609	73	939
Total expenses	628,338	116,325	905,612	312,965
OPERATING INCOME (LOSS)	(553,584)	31,665	(719,684)	(20,313)
OTHER INCOME (EXPENSE):
Interest income	27	9	36	19
Interest expense - net of amounts capitalized	(44,880)	(33,813)	(81,382)	(67,760)
Total other expense	(44,853)	(33,804)	(81,346)	(67,741)
LOSS BEFORE TAXES	(598,437)	(2,139)	(801,030)	(88,054)
Income tax benefit		41	9,041	2,311
NET LOSS	(598,437)	(2,098)	(791,989)	(85,743)
Preferred stock dividend	(669)	(4,806)	(800)	(7,426)
NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS	$ (599,106)	$ (6,904)	$ (792,789)	$ (93,169)
Basic and diluted net loss per share attributable to common shareholders	$ (88.44)	$ (1.04)	$ (117.45)	$ (14.07)
Basic and diluted weighted average number of common shares outstanding	6,774	6,645	6,750	6,622