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Consolidated Statements of Operations - USD ($)
$ in Thousands
1 Months Ended 11 Months Ended 12 Months Ended
Dec. 31, 2020
Nov. 30, 2020
Dec. 31, 2019
Revenues      
Revenues $ 10,901 $ 105,326 $ 195,152
Expenses      
Lease operating 1,418 20,435 31,925
Production and ad valorem taxes 667 6,508 11,169
Depreciation, depletion and amortization 2,093 70,122 88,618
Loss on sale of oil and gas properties 0 1,337 33,508
Impairment of oil and gas properties 0 199,908 48,412
General and administrative 1,505 28,444 16,489
Acquisition costs and other 254 330 1,840
Total expenses 6,398 333,266 236,617
Income (loss) from operations 4,503 (227,940) (41,465)
Other (expense) income      
Interest expense (1,476) (35,411) (43,879)
Unrealized gain on warrants 0 363 691
(Loss) gain on derivative financial instruments (3,743) 66,699 (30,861)
Reorganization items, net 0 73,471 0
Total other (expense) income, net (5,219) 105,122 (74,049)
Loss before income taxes (716) (122,818) (115,514)
Income tax benefit 0 4,679 12,495
Net loss (716) (118,139) (103,019)
Preferred stock dividends 0 (4,566) (8,544)
Undeclared cumulative preferred stock dividends 0 (3,671) 0
Net loss attributable to common stockholders $ (716) $ (126,376) $ (111,563)
Net loss per common share attributable to common stockholders      
Basic (in dollars per share) $ (0.07) $ (5.00) $ (4.48)
Diluted (in dollars per share) $ (0.07) $ (5.00) $ (4.48)
Weighted Average Shares Outstanding      
Basic (in shares) 10,000,149 25,262,136 24,875,793
Diluted (in shares) 10,000,149 25,262,136 24,875,793
Oil sales      
Revenues      
Revenues $ 8,112 $ 80,244 $ 157,873
Natural gas liquid sales      
Revenues      
Revenues 1,083 9,982 15,668
Natural gas sales      
Revenues      
Revenues 1,706 15,100 21,611
Gas gathering, processing and transportation      
Expenses      
Cost of Goods and Services Sold $ 461 $ 6,182 $ 4,656