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Consolidated Statement of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues:    
Natural gas sales $ 181,462 $ 188,851
Oil sales 41,284 31,348
Other revenues 2,628 759
Total operating revenues 225,374 220,958
Expenses:    
Lease operating expenses 21,764 23,136
Facility lease expense 6,156 5,226
Production taxes 23,270 22,132
Gathering fees 23,055 20,929
Depletion, depreciation and amortization 50,540 31,753
General and administrative 12,688 1,051
Total operating expenses 137,473 104,227
Operating income 87,901 116,731
Other income (expense), net:    
Interest expense (35,837) (85,447)
Loss on commodity derivatives (6,530) (13,218)
Deferred gain on sale of liquids gathering system 2,638 2,638
Contract settlement expense   (52,707)
Other income (expense), net (245) (147)
Total other (expense) income, net (39,974) (148,881)
Reorganization items, net   (57,546)
Income (loss) before income tax provision 47,927 (89,696)
Income tax provision 434 2
Net income (loss) $ 47,493 $ (89,698)
Basic earnings (loss) per share:    
Net income (loss) per common share - basic $ 0.24 $ (1.12)
Fully diluted earnings (loss) per share:    
Net income (loss) per common share - fully diluted $ 0.24 $ (1.12)
Weighted average common shares outstanding - basic 196,550 80,018
Weighted average common shares outstanding - fully diluted 196,550 80,018