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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues:      
Other $ 137 $ 75 $ 62
Total Revenue 149,167 86,264 56,555
Operating costs and expenses      
Lease operating 24,300 15,197 18,205
Production and ad valorem taxes 12,023 7,228 5,454
Rig expense 664
Depreciation, depletion, amortization and accretion 43,275 26,677 24,922
Proved property impairment 67,626
General and administrative (including stock-based compensation of $3,194, $3,238 and $2,366, respectively) 12,041 16,276 13,562
Total operating costs and expenses 91,639 65,378 130,433
Operating (loss) income 57,528 20,886 (73,878)
Other (income) expense:      
Interest income (1) (1) (1)
Interest expense 7,053 2,497 3,828
Amortization of deferred financing fees 440 423 1,019
Loss (gain) on derivative contracts (8,060) 1,849 18,028
Loss (gain) on sale of non-oil and gas assets 181 (102) (374)
Other 94 214
Total other (income) expense (293) 4,880 22,500
Income (loss) before income tax 57,821 16,006 (96,378)
Income tax (expense) benefit
Net income (loss) $ 57,821 $ 16,006 $ (96,378)
Net income (loss) per common share - basic (in dollars per share) $ 0.35 $ 0.10 $ (0.79)
Net income (loss) per common share - diluted (in dollars per share) $ 0.34 $ 0.10 $ (0.79)
Weighted average shares outstanding      
Basic (in shares) 165,635 161,141 122,132
Diluted (in shares) 167,689 162,844 122,132
Oil Revenues [Member]      
Revenues:      
Revenues $ 132,904 $ 73,584 $ 50,965
Gas Revenues [Member]      
Revenues:      
Revenues 7,854 6,898 3,978
Natural Gas Liquids Revenues [Member]      
Revenues:      
Revenues $ 8,272 $ 5,707 $ 1,550