Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues:        
Total revenues $ 153,459 $ 110,281 $ 437,284 $ 357,997
Operating costs and expenses:        
Lease operating expenses 37,430 35,134 109,855 106,817
Production taxes 432 340 1,326 1,304
Depreciation, depletion, amortization and accretion 36,969 36,489 114,807 116,843
General and administrative expenses 15,990 15,631 45,248 45,379
Derivative (gain) loss (288) 2,879 5,931 (4,765)
Total costs and expenses 96,312 94,581 292,931 281,213
Operating income 57,147 15,700 144,353 76,784
Interest expense 11,630 11,554 35,100 34,284
Gain on exchange of debt       7,811
Other (income) expense, net (885) (41) (1,093) 5,073
Income before income tax expense (benefit) 46,402 4,187 110,346 45,238
Income tax expense (benefit) 142 5,484 363 (11,079)
Net income (loss) $ 46,260 $ (1,297) $ 109,983 $ 56,317
Basic and diluted earnings (loss) per common share $ 0.32 $ (0.01) $ 0.76 $ 0.39
Oil        
Revenues:        
Total revenues $ 119,482 $ 78,055 $ 333,406 $ 248,648
NGLs        
Revenues:        
Total revenues 10,087 6,605 28,481 22,401
Natural gas        
Revenues:        
Total revenues 22,641 24,113 71,485 83,129
Other        
Revenues:        
Total revenues 1,249 1,508 3,912 3,819
Gathering and transportation        
Operating costs and expenses:        
Operating costs and expenses $ 5,779 $ 4,108 $ 15,764 $ 15,635