XML 78 R4.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
REVENUES:    
Revenues $ 118,350 $ 87,996
OPERATING EXPENSES:    
Lease operating expense 12,371 10,446
Production and other taxes 2,573 2,605
Transportation and processing 20,703 11,046
Depreciation, depletion, and amortization 50,722 26,809
General and administrative 20,775 19,663
Other 106 7
107,250 70,576
Operating income 11,100 17,420
OTHER INCOME (EXPENSE):    
Interest expense (11,001) (11,944)
Interest income and other 25 508
Gain (loss) on derivatives not designated as hedges 15,010 (3,986)
Loss on early extinguishment of debt (1,846)
2,188 (15,422)
Reorganization items, net (305)
Income before income taxes 13,288 1,693
Income tax benefit 0 57
Net income $ 13,288 $ 1,750
PER COMMON SHARE:    
Net income per common share—basic (in dollars per share) $ 1.09 $ 0.15
Net income per common share—diluted (in dollars per share) $ 0.96 $ 0.13
Weighted average shares of common stock outstanding—basic (in shares) 12,233 11,622
Weighted average shares of common stock outstanding—diluted (in shares) 13,895 13,665
Oil and Gas [Member]    
REVENUES:    
Revenues $ 118,353 $ 87,943
Service, Other [Member]    
REVENUES:    
Revenues $ (3) $ 53