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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues:        
Total revenues $ 80,393 $ 35,171 $ 152,862 $ 93,307
Costs and expenses:        
Lease operating expense 28,653 27,828 57,559 63,551
Taxes other than income 5,071 2,195 9,684 6,181
Depreciation, depletion and amortization 7,389 7,623 14,736 23,179
Impairment expense 0 0 0 455,031
General and administrative expense 6,030 6,755 12,951 15,108
Accretion of asset retirement obligations 1,638 1,539 3,253 3,052
(Gain) loss on commodity derivative instruments 63,898 19,165 98,486 (88,548)
Other, net 12 3 96 19
Total costs and expenses 117,741 69,797 206,394 487,315
Operating income (loss) (37,348) (34,626) (53,532) (394,008)
Other income (expense):        
Interest expense, net (3,137) (6,209) (6,249) (13,856)
Other expense (54) (250) (80) (234)
Gain on extinguishment of debt 5,516 0 5,516 0
Total other income (expense) 2,325 (6,459) (813) (14,090)
Loss before reorganization items, net and income taxes (35,023) (41,085) (54,345) (408,098)
Reorganization items, net 0 (166) (6) (352)
Income tax expense 0 (85) 0 (85)
Net loss $ (35,023) $ (41,336) $ (54,351) $ (408,535)
Earnings (loss) per share: (See Note 9)        
Basic and diluted loss per share $ (0.92) $ (1.10) $ (1.43) $ (10.87)
Weighted average common shares outstanding:        
Basic and diluted 37,983 37,595 37,907 37,582
Oil and Natural Gas Sales [Member]        
Revenues:        
Total revenues $ 80,338 $ 34,888 $ 152,669 $ 92,675
Other Revenues [Member]        
Revenues:        
Total revenues 55 283 193 632
Gathering, Processing and Transportation [Member]        
Costs and expenses:        
Gathering, processing and transportation $ 5,050 $ 4,689 $ 9,629 $ 9,742