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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues and other income        
Oil, natural gas, and related product sales $ 246,668 $ 366,891 $ 434,471 $ 664,361
CO2 sales and transportation fees 6,622 7,152 12,894 14,124
Interest income and other income 1,858 2,651 2,627 5,858
Total revenues and other income 255,148 376,694 449,992 684,343
Expenses        
Lease operating expenses 100,019 132,170 202,466 273,254
Marketing and plant operating expenses 12,999 14,215 26,193 25,900
CO2 discovery and operating expenses 1,071 945 1,678 1,892
Taxes other than income 19,504 33,555 39,596 60,234
General and administrative expenses 22,545 37,947 56,446 84,227
Interest, net of amounts capitalized of $6,289, $8,738, $12,069, and $17,147, respectively 36,058 39,863 78,229 79,962
Depletion, depreciation, and amortization 66,541 147,940 143,907 297,898
Commodity derivatives expense (income) 98,209 48,926 121,035 (34,150)
Gain on debt extinguishment (12,278) 0 (107,269) 0
Write-down of oil and natural gas properties 479,400 1,705,800 735,400 1,852,000
Other expenses 34,688 0 36,232 0
Total expenses 858,756 2,161,361 1,333,913 2,641,217
Loss before income taxes (603,608) (1,784,667) (883,921) (1,956,874)
Income tax benefit (222,940) (636,168) (318,060) (700,629)
Net loss $ (380,668) $ (1,148,499) $ (565,861) $ (1,256,245)
Net loss per common share        
Basic $ (1.03) $ (3.28) $ (1.58) $ (3.59)
Diluted (1.03) (3.28) (1.58) (3.59)
Dividends declared per common share $ 0 $ 0.0625 $ 0 $ 0.1250
Weighted average common shares outstanding        
Basic 370,566 350,039 358,901 349,653
Diluted 370,566 350,039 358,901 349,653