Note 8 - Insurance Claims

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Insurance Claims and Reimbursement [Text Block]

8.

Insurance Reimbursements

During

2017,

we received insurance reimbursements of

$31.7

million related to hurricane damage incurred in prior years.  Cash receipts from insurance proceeds are included within

Net cash provided by operating activities

in the Consolidated Statements of Cash Flows and are primarily recorded as reductions in

Oil and natural gas properties and other, net

on the Consolidated Balance Sheets, with some amounts recorded as reductions in

Lease operating expense

,

General and administrative expenses

and

Other income (expense), net

in the Consolidated Statements of Operations. 

No

insurance reimbursements were received during

2019

 and

2018,

and as of

December 31, 2019,

there were

no

significant outstanding insurance claims.