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Consolidated Statements Of Operations (Unaudited) - USD ($)
shares in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
REVENUES:    
Oil and natural gas revenues $ 11,843,000 $ 9,411,000
Other (9,000) 2,000
Total revenues 11,834,000 9,413,000
OPERATING EXPENSES:    
Lease operating expense 2,566,000 4,311,000
Production and other taxes 640,000 659,000
Transportation and processing 1,312,000 1,176,000
Depreciation, depletion and amortization 3,452,000 2,294,000
General and administrative 5,196,000 4,463,000
Operating Expenses, Total 13,166,000 12,903,000
Operating loss (1,332,000) (3,490,000)
OTHER INCOME (EXPENSE):    
Interest expense (2,673,000) (2,179,000)
Interest income and other expense (7,000) 9,000
Loss on commodity derivatives not designated as hedges (981,000) (260,000)
Nonoperating Income (Expense), Total (3,661,000) (2,430,000)
Reorganization gain (loss), net (331,000) 195,000
Loss before income taxes (5,324,000) (5,725,000)
Income tax expense 0 0
Net loss $ (5,324,000) $ (5,725,000)
PER COMMON SHARE    
Net loss applicable to common stock - basic (in dollars per share) $ (0.47) $ (0.63)
Net loss applicable to common stock - diluted (in dollars per share) $ (0.47) $ (0.63)
Weighted average common shares outstanding - basic (shares) 11,218 9,109
Weighted average common shares outstanding - diluted (shares) 11,218 9,109