CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015
Revenues
Crude oil		$ 25,966	$ 59,168
Natural gas liquids (NGLs)		1,953	5,396
Natural gas		2,402	8,571
Gain (loss) on sales of property and equipment, net		(153)	(91)
Other, net		329	1,483
Total revenues		30,497	74,527
Operating expenses
Lease operating		6,192	11,569
Gathering, processing and transportation		3,818	7,498
Production and ad valorem taxes		753	4,689
General and administrative		17,102	11,970
Exploration		1,327	5,887
Depreciation, depletion and amortization		13,812	90,790
Total operating expenses		43,004	132,403
Operating loss		(12,507)	(57,876)
Other income (expense)
Interest expense		(24,434)	(22,013)
Derivatives		4,492	22,867
Other		(1,024)	(2)
Loss before income taxes		(33,473)	(57,024)
Income tax expense		0	(141)
Net loss		(33,473)	(57,165)
Preferred stock dividends	[1]	(3,152)	(6,067)
Net loss attributable to common shareholders		$ (36,625)	$ (63,232)
Net loss per share:
Basic (in dollars per share)		$ (0.43)	$ (0.88)
Diluted (in dollars per share)		$ (0.43)	$ (0.88)
Weighted average shares outstanding – basic		85,941	71,820
Weighted average shares outstanding – diluted		85,941	71,820

[1] Preferred stock dividends were excluded from the computation of diluted earnings per share for the three months ended March 31, 2016 and 2015, as the assumed conversion of the outstanding preferred stock would have been anti-dilutive.