Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Operations

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Condensed Consolidated Statements Of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Income Statement [Abstract]        
Revenues $ 149,066 $ 262,994 $ 276,973 $ 517,510
Operating costs and expenses:        
Lease operating expenses 45,130 61,765 98,461 117,384
Production taxes 1,000 1,842 1,637 3,834
Gathering and transportation 4,793 3,985 9,617 9,281
Depreciation, depletion, amortization and accretion 103,342 128,236 228,809 251,542
Ceiling test write-down of oil and natural gas properties 252,772 0 513,162 0
General and administrative expenses 19,757 19,682 40,523 43,270
Derivative loss 1,078 13,079 1,078 20,571
Total costs and expenses 427,872 228,589 893,287 445,882
Operating income (loss) (278,806) 34,405 (616,314) 71,628
Interest expense:        
Incurred 26,116 21,454 49,062 42,912
Capitalized (2,024) (2,159) (3,807) (4,231)
Debt issuance costs write-off and other, net 1,685 0 1,683 0
Income (loss) before income tax expense (benefit) (304,583) 15,110 (663,252) 32,947
Income tax expense (benefit) (44,134) 5,273 (147,708) 11,921
Net income (loss) $ (260,449) $ 9,837 $ (515,544) $ 21,026
Basic and diluted earnings (loss) per common share $ (3.43) $ 0.13 $ (6.79) $ 0.28
Dividends declared per common share $ 0 $ 0.10 $ 0 $ 0.20