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CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating revenue:    
Oil production $ 60,275 $ 107,507
Natural gas production 15,173 28,337
Natural gas liquids production 4,735 12,366
Other operational income 356 2,160
Derivative income, net 138 3,128
Total operating revenue 80,677 153,498
Operating expenses:    
Lease operating expenses 19,547 27,577
Transportation, processing and gathering expenses 841 17,703
Production taxes 481 2,515
Depreciation, depletion and amortization 61,558 86,422
Write-down of oil and gas properties 129,204 491,412
Accretion expense 9,983 6,409
Salaries, general and administrative expenses 13,707 17,007
Incentive compensation expense 4,979 1,563
Other operational expenses 12,527 84
Total operating expenses 252,827 650,692
Loss from operations (172,150) (497,194)
Other (income) expenses:    
Interest expense 15,241 10,365
Interest income (114) (122)
Other income (298) (143)
Other expense 2 0
Total other expenses 14,831 10,100
Loss before income taxes (186,981) (507,294)
Provision (benefit) for income taxes:    
Current (1,074) 0
Deferred 2,877 (179,906)
Total income taxes 1,803 (179,906)
Net loss $ (188,784) $ (327,388)
Basic loss per share (usd per share) $ (3.39) $ (5.93)
Diluted loss per share (usd per share) $ (3.39) $ (5.93)
Average shares outstanding (in shares) 55,713 55,181
Average shares outstanding assuming dilution (in shares) 55,713 55,181