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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating Revenues:      
Total operating revenues $ 453,017 $ 252,839 $ 178,819
Operating Expenses:      
Production tax expense 36,762 14,476 10,638
Exploration expense 70 83 83
Impairment, dry hole costs and abandonment expense 719 49,553 4,249
(Gain) loss on sale of properties 1,046 (92) 1,078
Depreciation, depletion and amortization 228,480 159,964 171,641
Unused commitments 18,187 18,231 18,272
General and administrative expense 45,130 42,476 42,169
Merger transaction expense 7,991 8,749 0
Other operating expenses, net 1,273 (1,514) (316)
Total operating expenses 372,152 318,764 278,065
Operating Income (Loss) 80,865 (65,925) (99,246)
Other Income and Expense:      
Interest and other income 1,793 1,359 235
Interest expense (52,703) (57,710) (59,373)
Commodity derivative gain (loss) 93,349 (9,112) (20,720)
Gain (loss) on extinguishment of debt (257) (8,239) 8,726
Total other income (expense) 42,182 (73,702) (71,132)
Income (Loss) before Income Taxes 123,047 (139,627) (170,378)
(Provision for) Benefit from Income Taxes (1,827) 1,402 0
Net income (loss) $ 121,220 $ (138,225) $ (170,378)
Net Income (Loss) Per Common Share, Basic (in dollars per share) $ 0.64 $ (1.80) $ (3.08)
Net Income (Loss) Per Common Share, Diluted (in dollars per share) $ 0.64 $ (1.80) $ (3.08)
Weighted Average Common Shares Outstanding, Basic (in shares) 188,299,074 76,858,815 55,384,020
Weighted Average Common Shares Outstanding, Diluted (in shares) 189,241,036 76,858,815 55,384,020
Oil, gas and NGL production      
Operating Revenues:      
Production and other revenues $ 452,917 $ 251,215 $ 178,328
Other operating revenues, net      
Operating Revenues:      
Production and other revenues 100 1,624 491
Lease operating expense      
Operating Expenses:      
Cost of goods and services 27,850 24,223 27,886
Gathering, transportation and processing expense      
Operating Expenses:      
Cost of goods and services $ 4,644 $ 2,615 $ 2,365