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Consolidated Statement of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues:                      
Natural gas sales                 $ 609,756 $ 696,730 $ 969,850
Oil sales                 111,335 142,381 260,170
Total operating revenues $ 215,861 $ 199,253 $ 146,591 $ 159,386 $ 189,301 $ 222,503 $ 207,998 $ 219,309 721,091 839,111 1,230,020
Expenses:                      
Lease operating expenses                 89,134 106,906 96,496
Liquids gathering system operating lease expense                 20,686 20,647 20,306
Production taxes                 69,737 72,774 103,898
Gathering fees                 86,809 87,904 59,931
Transportation charges                 20,049 83,803 77,780
Depletion and depreciation                 125,121 401,200 292,951
Ceiling test and other impairments 0 0 0 0 3,144,899 0 0 0 0 3,144,899 0
General and Administrative Expense                 9,179 7,387 19,069
Total operating expenses                 420,715 3,925,520 670,431
Operating income (loss)                 300,376 (3,086,409) 559,589
Other income (expense), net:                      
Interest Expense Debt 0 0 (16,662) (49,903) 43,494 43,137 42,619 42,668 (66,565) (171,918) (126,157)
Gain (loss) on commodity derivatives 0 0 0 0 2 9,390 (3,646) 36,865 0 42,611 82,402
Deferred gain on sale of liquids gathering system                 10,553 10,553 10,553
Litigation expense                 0 (4,401) 0
Restructuring expenses 0 (28) (1,569) (5,579)         (7,176) 0 0
Contract Settlement (131,106) 0 0 0         (131,106) 0 0
Gain on sale of property                 0 0 8,022
Other income (expense) net                 (3,082) (2,060) 2,618
Total other income (expense), net (129,113) 2,096 (15,820) (54,539)         (197,376) (125,215) (22,562)
Reorganization items, net (22,211) (3,109) (22,183) 0         (47,503) 0 0
Income (loss) before income tax (benefit) (34,776) 98,452 13,842 (22,021) (3,205,639) (4,229) (24,923) 23,167 55,497 (3,211,624) 537,027
Income tax (benefit) (349) 45 (160) (190) (999) (1,133) (250) (2,022) (654) (4,404) (5,824)
Net income (loss) $ (34,427) $ 98,407 $ 14,002 $ (21,831) $ (3,204,640) $ (3,096) $ (24,673) $ 25,189 $ 56,151 $ (3,207,220) $ 542,851
Basic Earnings (Loss) per Share:                      
Earnings Per Share, Basic $ (0.22) $ 0.64 $ 0.09 $ (0.14) $ (20.91) $ (0.02) $ (0.16) $ 0.16 $ 0.37 $ (20.94) $ 3.54
Fully Diluted Earnings (Loss) per Share:                      
Earnings Per Share, Diluted $ (0.22) $ 0.64 $ 0.09 $ (0.14) $ (20.91) $ (0.02) $ (0.16) $ 0.16 $ 0.36 $ (20.94) $ 3.51
Weighted average common shares outstanding - basic                 153,378 153,192 153,136
Weighted average common shares outstanding - fully diluted                 154,081 153,192 154,694