XML 62 R4.htm IDEA: XBRL DOCUMENT v3.2.0.727
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Statements of Operations and Comprehensive Income (Loss) [Abstract]        
Revenue $ 219,346   $ 449,147  
Royalty expenses (11,127)   (23,512)  
Revenue, net of royalty 208,219   425,635  
Expenses        
Operating expenses 425,684   1,540,206  
Operating expenses covered by Farmout (Note 3) (217,465)   (1,114,571)  
General and administrative 337,016 $ 55,031 1,434,203 $ 862,245
Depreciation, accretion and depletion 21,721 25,790 64,541 74,315
Net loss from operations (358,737) (80,821) (1,498,744) (936,560)
Other income and expenses        
Rental and other income 3,432 4,347 10,635 15,813
Interest income $ 1,081 2,091 $ 3,778 9,009
Loss on disposal of assets   387   387
Net loss and comprehensive loss $ (354,224) $ (73,996) $ (1,484,331) $ (911,351)
Net loss per common share        
Basic and Diluted $ 0 $ 0 $ 0 $ 0
Weighted Average Outstanding Shares (in thousands)        
Basic and Diluted 229,374 229,326 229,374 229,326