XML 15 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
1 Months Ended 2 Months Ended 3 Months Ended 4 Months Ended 6 Months Ended
Apr. 22, 2016
Jun. 30, 2016
Jun. 30, 2017
Apr. 22, 2016
Jun. 30, 2017
Successor [Member]          
Revenues:          
Oil and gas sales   $ 30,581 $ 45,782   $ 88,194
Costs and Expenses:          
General and administrative, net   4,228 6,811   16,645
Depreciation, depletion, and amortization   13,334 10,828   20,543
Accretion of asset retirement obligation   832 576   1,140
Lease operating cost   7,781 4,776   10,549
Transportation and gas processing   4,186 4,761   9,146
Severance and other taxes   1,864 2,280   3,898
Write-down of oil and gas properties   133,496 0   0
Total Operating Expenses   165,721 30,032   61,921
Operating Income (Loss)   (135,140) 15,750   26,273
Net gain (loss) on commodity derivatives   (9,912) 5,132   16,068
Interest (expense), net   (4,257) (4,642)   (8,249)
Reorganization items, net   (276) 0   0
Other income (expense), net   (16) 1   (141)
Income (Loss) Before Income Taxes   (149,601) 16,241   33,951
Provision (Benefit) for Income Taxes   0 0   0
Net Income (Loss)   $ (149,601) $ 16,241   $ 33,951
Per Share Amounts-          
Earnings Per Share (Basic)   $ (14.96) $ 1.41   $ 2.99
Earnings Per Share (Diluted)   $ (14.96) $ 1.41   $ 2.97
Weighted Average Shares Outstanding - Basic   10,000 11,487   11,360
Weighted Average Shares Outstanding - Diluted   10,000 11,554   11,445
Predecessor [Member]          
Revenues:          
Oil and gas sales $ 8,660     $ 43,027  
Costs and Expenses:          
General and administrative, net 1,127     9,245  
Depreciation, depletion, and amortization 3,194     20,439  
Accretion of asset retirement obligation 319     1,610  
Lease operating cost 2,627     14,933  
Transportation and gas processing 1,035     6,090  
Severance and other taxes 1,585     3,917  
Write-down of oil and gas properties 0     77,732  
Total Operating Expenses 9,887     133,966  
Operating Income (Loss) (1,227)     (90,939)  
Net gain (loss) on commodity derivatives 0     0  
Interest (expense), net (5,281)     (13,347)  
Reorganization items, net 966,571     956,142  
Other income (expense), net (150)     (245)  
Income (Loss) Before Income Taxes 959,913     851,611  
Provision (Benefit) for Income Taxes 0     0  
Net Income (Loss) $ 959,913     $ 851,611  
Per Share Amounts-          
Earnings Per Share (Basic) $ 21.45     $ 19.06  
Earnings Per Share (Diluted) $ 21.03     $ 18.64  
Weighted Average Shares Outstanding - Basic 44,754     44,692  
Weighted Average Shares Outstanding - Diluted 45,648     45,697