Business Segments (Tables)

9 Months Ended

Sep. 30, 2014

The following tables provide the Company’s geographic operating segment data for the three and nine months ended September 30, 2014 and 2013:



	Three Months Ended September 30, 2014
	U.S.		Canada			Corporate			Total
Revenues:
Oil and gas production	$	43,865	$	331		$	—		$	44,196
Other	—		—			9			9
	43,865		331			9			44,205
Expenses:
Lease operating	7,131		207			—			7,338
Production taxes	3,744		81			—			3,825
Depreciation, depletion and amortization	13,774		104			62			13,940
General and administrative	449		73			1,930			2,452
Net interest	141		6			407			554
Amortization of deferred financing fees	—		—			150			150
Loss on derivative contracts - Realized	—		—			534			534
(Gain) on derivative contracts - Unrealized	—		—			(9,979		)	(9,979		)
Other	—		—			(8		)	(8		)
Net income (loss)	$	18,626	$	(140	)	$	6,913		$	25,399



	Three Months Ended September 30, 2013
	U.S.		Canada			Corporate			Total
Revenues:
Oil and gas production	$	28,571	$	521		$	—		$	29,092
Other	—		—			3			3
	28,571		521			3			29,095
Expenses (income):
Lease operating	5,003		466			—			5,469
Production taxes	2,637		—			—			2,637
Depreciation, depletion and amortization	6,995		203			62			7,260
Impairment	—		158			—			158
General and administrative	406		265			1,739			2,410
Net interest	148		6			955			1,109
Amortization of deferred financing fees	—		—			344			344
Loss on derivative contracts - Realized	—		—			2,124			2,124
Loss on derivative contracts - Unrealized	—		—			4,490			4,490
Other	—		—			(96		)	(96		)
Income tax expense	—		—			—			—
Net income (loss)	$	13,382	$	(577	)	$	(9,615	)	$	3,190



	Nine Months Ended September 30, 2014
	U.S.		Canada			Corporate			Total
Revenues:
Oil and gas production	$	102,521	$	1,073		$	—		$	103,594
Other	—		—			63			63
	102,521		1,073			63			103,657
Expenses:
Lease operating	18,361		641			—			19,002
Production taxes	8,786		81			—			8,867
Depreciation, depletion and amortization	30,254		376			187			30,817
General and administrative	1,466		477			6,449			8,392
Net interest	419		17			1,508			1,944
Amortization of deferred financing fees	—		—			779			779
Loss on derivative contracts - Realized	—		—			2,624			2,624
(Gain) on derivative contracts - Unrealized	—		—			(1,899		)	(1,899		)
Other	—		—			(6		)	(6		)
Net income (loss)	$	43,235	$	(519	)	$	(9,579	)	$	33,137



	Nine Months Ended September 30, 2013
	U.S.		Canada			Corporate			Total
Revenues:
Oil and gas production	$	70,075	$	1,658		$	—		$	71,733
Other	—		—			52			52
	70,075		1,658			52			71,785
Expenses:
Lease operating	16,590		1,507			—			18,097
Production taxes	6,470		5			—			6,475
Depreciation, depletion and amortization	18,620		738			187			19,545
Impairment	—		2,135			—			2,135
General and administrative	1,367		606			5,764			7,737
Net interest	471		17			3,087			3,575
Amortization of deferred financing fees	—		—			1,020			1,020
Loss on derivative contracts - Realized	—		—			3,832			3,832
(Gain) on derivative contracts - Unrealized	—		—			(2,374		)	(2,374		)
Other	—		—			5			5
Income tax expense	—		—			87			87
Net income (loss)	$	26,557	$	(3,350	)	$	(11,556	)	$	11,651

The following table provides the Company’s geographic asset data as of September 30, 2014 and December 31, 2013: