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CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
1 Months Ended 2 Months Ended 3 Months Ended
Mar. 31, 2017
Feb. 28, 2017
Mar. 31, 2016
Operating revenue:      
Oil production $ 20,027    
Natural gas production 2,210    
Natural gas liquids production 777    
Other operational income 149    
Derivative income, net 2,646    
Total operating revenue 25,809    
Operating expenses:      
Lease operating expenses 4,740    
Transportation, processing and gathering expenses 144    
Production taxes 65    
Depreciation, depletion and amortization 15,847    
Write-down of oil and gas properties 256,435    
Accretion expense 2,901    
Salaries, general and administrative expenses 3,322    
Incentive compensation expense 0    
Restructuring fees 288    
Other operational expenses 661    
Derivative expense, net 0    
Total operating expenses 284,403    
Gain on Appalachia Properties divestiture 0    
Income (loss) from operations (258,594)    
Other (income) expenses:      
Interest expense 1,190    
Interest income (40)    
Other income (131)    
Other expense 0    
Reorganization items, net 0    
Total other (income) expense 1,019    
Income (loss) before income taxes (259,613)    
Provision (benefit) for income taxes:      
Current 0    
Deferred 0    
Total income taxes 0    
Net income (loss) $ (259,613)    
Basic income (loss) per share (in usd per share) $ (12.98)    
Diluted income (loss) per share (in usd per share) $ (12.98)    
Average shares outstanding (in shares) 19,997    
Average shares outstanding assuming dilution (in shares) 19,997    
Predecessor      
Operating revenue:      
Oil production   $ 45,837 $ 60,275
Natural gas production   13,476 15,173
Natural gas liquids production   8,706 4,735
Other operational income   903 356
Derivative income, net   0 138
Total operating revenue   68,922 80,677
Operating expenses:      
Lease operating expenses   8,820 19,547
Transportation, processing and gathering expenses   6,933 841
Production taxes   682 481
Depreciation, depletion and amortization   37,429 61,558
Write-down of oil and gas properties   0 129,204
Accretion expense   5,447 9,983
Salaries, general and administrative expenses   9,629 12,754
Incentive compensation expense   2,008 4,979
Restructuring fees   0 953
Other operational expenses   530 12,527
Derivative expense, net   1,778 0
Total operating expenses   73,256 252,827
Gain on Appalachia Properties divestiture   213,453 0
Income (loss) from operations   209,119 (172,150)
Other (income) expenses:      
Interest expense   0 15,241
Interest income   (45) (114)
Other income   (315) (298)
Other expense   13,336 2
Reorganization items, net   (437,744) 0
Total other (income) expense   (424,768) 14,831
Income (loss) before income taxes   633,887 (186,981)
Provision (benefit) for income taxes:      
Current   3,570 (1,074)
Deferred   0 2,877
Total income taxes   3,570 1,803
Net income (loss)   $ 630,317 $ (188,784)
Basic income (loss) per share (in usd per share)   $ 110.99 $ (33.89)
Diluted income (loss) per share (in usd per share)   $ 110.99 $ (33.89)
Average shares outstanding (in shares)   5,634 5,571
Average shares outstanding assuming dilution (in shares)   5,634 5,571