Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Total revenues $ 191,004 $ 125,647
Operating expenses:    
Lease operating expenses 43,411 42,357
Gathering, transportation and production taxes 5,267 6,315
Depreciation, depletion, and amortization 24,675 20,769
Asset retirement obligations accretion 6,236 5,868
General and administrative expenses 13,776 10,712
Total operating expenses 93,365 86,021
Operating income 97,639 39,626
Interest expense, net 19,883 15,034
Derivative loss 79,997 24,578
Other expense, net 905 963
Loss before income taxes (3,146) (949)
Income tax benefit (689) (203)
Net loss $ (2,457) $ (746)
Net loss per common share:    
Basic $ (0.02) $ (0.01)
Diluted $ (0.02) $ (0.01)
Weighted average common shares outstanding    
Basic 142,942 142,151
Diluted 142,942 142,151
Oil and Condensate [Member]    
Revenues:    
Total revenues $ 122,702 $ 78,140
Natural Gas Liquids [Member]    
Revenues:    
Total revenues 13,820 9,359
Natural Gas, Production [Member]    
Revenues:    
Total revenues 51,366 36,209
Product and Service, Other [Member]    
Revenues:    
Total revenues $ 3,116 $ 1,939