CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Revenues:
Oil and gas production revenues	$ 18,787,000	$ 9,541,000
Other	15,000	23,000
Total revenue	18,802,000	9,564,000
Operating costs and expenses:
Lease operating	4,118,000	4,751,000
Production taxes	1,620,000	1,175,000
Rig expense	0	79,000
Depreciation, depletion, and amortization	5,374,000	5,892,000
Proved property impairment	0	35,085,000
General and administrative (including stock-based compensation of $770 and $807, respectively)	2,737,000	2,725,000
Operating expenses	13,849,000	49,707,000
Operating (loss) income	4,953,000	(40,143,000)
Other (income) expense:
Interest expense	507,000	1,238,000
Amortization of deferred financing fees	137,000	164,000
(Gain) loss on derivative contracts	(9,381,000)	(665,000)
Total other (income) expense	(8,737,000)	737,000
(Loss) income from continuing operations before income tax	13,690,000	(40,880,000)
Income tax (expense) benefit	0	0
Net (loss) income from continuing operations	13,690,000	(40,880,000)
Net (loss) income	$ 13,690,000	$ (40,880,000)
Net (loss) income per common share
Net income (loss) per common share - basic (in usd per share	$ 0.09	$ (0.39)
Net income (loss) per common share - diluted (in usd per share)	$ 0.09	$ (0.39)
Weighted average shares outstanding:
Weighted average shares outstanding, basic (shares)	154,118	104,709
Weighted average shares outstanding, diluted (shares)	156,813	104,709