XML 34 R24.htm IDEA: XBRL DOCUMENT v3.7.0.1
OTHER OPERATIONAL EXPENSES
6 Months Ended
Jun. 30, 2017
Other Income and Expenses [Abstract]  
OTHER OPERATIONAL EXPENSES
OTHER OPERATIONAL EXPENSES

Other operational expenses for the three months ended June 30, 2017 (Successor) totaled approximately $1.9 million, comprised primarily of stacking charges related to the platform rig at Pompano, while awaiting demobilization. Included in other operational expenses for the six months ended June 30, 2016 (Predecessor) is a $6.0 million loss on the substantial liquidation of our foreign subsidiary, Stone Energy Canada ULC, representing cumulative foreign currency translation adjustments, which were reclassified from accumulated other comprehensive income during the first quarter of 2016. See Note 14 – Accumulated Other Comprehensive Income (Loss). Also included in other operational expenses for the six months ended June 30, 2016 (Predecessor) are approximately $13.6 million of rig subsidy charges related to the farm out of the ENSCO 8503 deep water drilling rig, stacking charges related to an Appalachian drilling rig and the platform rig at Pompano and a $20 million charge related to the termination of our deep water drilling rig contract with Ensco.