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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues:        
Oil and gas sales $ 51,347 $ 45,782 $ 104,099 $ 88,194
Costs and Expenses:        
General and administrative, net 5,794 6,811 11,370 16,645
Depreciation, depletion, and amortization 13,096 10,828 26,228 20,543
Accretion of asset retirement obligation 84 576 243 1,140
Lease operating costs 3,760 4,776 8,721 10,549
Transportation and gas processing 5,421 4,761 10,446 9,146
Severance and other taxes 2,662 2,280 5,692 3,898
Operating Expenses 30,817 30,032 62,700 61,921
Operating Income (Loss) 20,530 15,750 41,399 26,273
Net gain (loss) on commodity derivatives (10,752) 5,132 (17,107) 16,068
Interest expense, net (6,585) (4,642) (12,474) (8,249)
Other Nonoperating Income (Expense) (546) 1 (703) (141)
Income (Loss) Before Income Taxes 2,647 16,241 11,115 33,951
Provision (Benefit) for Income Taxes 328 0 328 0
Net Income (Loss) $ 2,319 $ 16,241 $ 10,787 $ 33,951
Per Share Amounts-        
Earnings Per Share, Basic $ 0.20 $ 1.41 $ 0.93 $ 2.99
Earnings Per Share, Diluted $ 0.20 $ 1.41 $ 0.92 $ 2.97
Weighted Average Shares Outstanding - Basic 11,655 11,487 11,629 11,360
Weighted Average Shares Outstanding - Diluted 11,757 11,554 11,742 11,445