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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues and other income        
Oil, natural gas, and related product sales $ 259,030 $ 239,930 $ 776,088 $ 674,401
CO2 sales and transportation fees 6,590 6,253 18,533 19,147
Interest income and other income 939 7,802 8,576 10,429
Total revenues and other income 266,559 253,985 803,197 703,977
Expenses        
Lease operating expenses 117,768 106,522 342,926 308,988
Marketing and plant operating expenses 11,816 14,452 39,758 40,645
CO2 discovery and operating expenses 1,346 861 2,452 2,539
Taxes other than income 20,233 20,401 62,848 59,997
General and administrative expenses 27,273 24,643 81,303 81,089
Interest, net of amounts capitalized of $9,416, $6,875, $22,217, and $18,944, respectively 24,546 24,778 75,785 103,007
Depletion, depreciation, and amortization 52,101 55,012 154,448 198,919
Commodity derivatives expense (income) 25,263 (21,224) (9,712) 99,811
Gain on debt extinguishment 0 (7,826) 0 (115,095)
Write-down of oil and natural gas properties 0 75,521 0 810,921
Other expenses 0 0 0 36,232
Total expenses 280,346 293,140 749,808 1,627,053
Income (loss) before income taxes (13,787) (39,155) 53,389 (923,076)
Income tax provision (benefit) (14,229) (14,565) 17,018 (332,625)
Net income (loss) $ 442 $ (24,590) $ 36,371 $ (590,451)
Net income (loss) per common share        
Basic $ 0.00 $ (0.06) $ 0.09 $ (1.60)
Diluted $ 0.00 $ (0.06) $ 0.09 $ (1.60)
Weighted average common shares outstanding        
Basic 392,013 388,572 390,448 368,863
Diluted 393,023 388,572 392,625 368,863