XML 61 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
3 Months Ended
Mar. 31, 2013
Successor
Mar. 31, 2012
Predecessor
Revenue:    
Marketing and transportation revenues $ 63,326,000  
Natural gas and oil sales 1,560,000 9,910,000
Total revenues 64,886,000 9,910,000
Operating expenses:    
Marketing and transportation expenses 53,790,000  
Lease operating expense 1,234,000 3,666,000
Transportation expense   2,492,000
Production taxes 4,000 297,000
Dry hole costs and impairments   2,000
Depreciation, depletion, amortization and accretion 767,000 5,327,000
General and administrative expense 6,900,000 4,020,000
Total operating expenses 62,695,000 15,804,000
Loss from unconsolidated affiliates (2,360,000)  
Operating loss (169,000) (5,894,000)
Other income and (expense):    
Interest expense and financing costs, net (2,896,000) (2,258,000)
Other income 729,000 29,000
Realized gain on derivative instruments, net 410,000  
Unrealized loss on derivative instruments, net (2,240,000)  
Income from unconsolidated affiliates   2,000
Total other expense (3,997,000) (2,227,000)
Loss before income taxes and reorganization items (4,166,000) (8,121,000)
Income tax expense (650,000)  
Loss before reorganization items (4,816,000) (8,121,000)
Reorganization items    
Professional fees and administrative costs   5,727,000
Gain on settlement of liabilities   (385,000)
Net loss $ (4,816,000) $ (13,463,000)
Basic and diluted loss per common share $ (0.03) $ (0.46)