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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
1 Months Ended 3 Months Ended 9 Months Ended 2 Months Ended 8 Months Ended
Sep. 30, 2012
Successor
Sep. 30, 2013
Successor
Sep. 30, 2013
Successor
Aug. 31, 2012
Predecessor
Aug. 31, 2012
Predecessor
Revenue:          
Operating revenues    $ 33,203,000 $ 128,960,000      
Natural gas and oil sales 584,000 2,182,000 5,988,000 5,466,000 23,079,000
Total revenues 584,000 35,385,000 134,948,000 5,466,000 23,079,000
Operating expenses:          
Cost of revenues    30,656,000 113,561,000      
Lease operating expense 332,000 1,000,000 4,175,000 2,223,000 9,038,000
Transportation expense          1,677,000 6,963,000
Production taxes 3,000 15,000 39,000 180,000 979,000
Exploration expense          1,000 2,000
Dry hole costs and impairments          151,346,000 151,347,000
Depreciation, depletion, amortization and accretion 124,000 1,218,000 3,022,000 5,815,000 16,041,000
Trust litigation and settlements    549,000 5,713,000      
General and administrative expense 356,000 10,363,000 19,422,000 1,641,000 9,386,000
Total operating expenses 815,000 43,801,000 145,932,000 162,883,000 193,756,000
Loss from unconsolidated affiliates (1,525,000) (907,000) (1,772,000)      
Operating loss (1,756,000) (9,323,000) (12,756,000) (157,417,000) (170,677,000)
Other income and (expense):          
Interest expense and financing costs, net (246,000) (3,935,000) (9,806,000) (1,990,000) (6,852,000)
Other income (expense), net    28,000 797,000 526,000 516,000
Realized gain on derivative instruments, net      410,000     
Unrealized loss on derivative instruments    (1,390,000) (6,645,000)      
Loss from unconsolidated affiliates          (29,000) (20,000)
Total other expense, net (246,000) (5,297,000) (15,244,000) (1,493,000) (6,356,000)
Loss before income taxes and reorganization items (2,002,000) (14,620,000) (28,000,000) (158,910,000) (177,033,000)
Income tax expense       (650,000)      
Loss before reorganization items (2,002,000) (14,620,000) (28,650,000) (158,910,000) (177,033,000)
Reorganization items          
Professional fees and administrative costs          10,719,000 22,354,000
Gain on settlement of liabilities          (168,332,000) (168,715,000)
Fresh start adjustments          14,765,000 14,765,000
Net loss $ (2,002,000) $ (14,620,000) $ (28,650,000) $ (16,062,000) $ (45,437,000)
Basic and diluted loss per common share $ (0.01) $ (0.09) $ (0.18) $ (0.56) $ (1.57)