Quarterly report pursuant to Section 13 or 15(d)

Oil and Natural Gas Properties (Tables)

v2.4.0.8
Oil and Natural Gas Properties (Tables)
 9 Months Ended
Sep. 30, 2014
Oil and Natural Gas Properties [Abstract]  
Fair Value of Net Assets Acquired

 

 

 

 

Oil and natural gas properties

 

$
92,847 

Unevaluated oil and natural gas properties

 

 
113,092 

Asset retirement obligations

 

 
(928)

  Net assets to be acquired

 

$
205,011 

 

Unaudited Summary Pro Forma Financial Information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30,

 

Nine Months Ended September 30,

 

 

2014

 

2013

 

2014

 

2013

Revenues

 

$
48,035 

 

$
43,253 

 

$
142,040 

 

$
114,078 

Income from operations

 

 
15,269 

 

 
13,721 

 

 
45,453 

 

 
28,481 

Income available to common stockholders

 

 
11,102 

 

 
766 

 

 
16,571 

 

 
2,477 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$
0.19 

 

$
0.01 

 

$
0.30 

 

$
0.05 

Diluted

 

$
0.19 

 

$
0.01 

 

$
0.29 

 

$
0.05