Annual report pursuant to Section 13 and 15(d)

Summarized Quarterly Financial Information (unaudited) (Tables)

v3.3.1.900
Summarized Quarterly Financial Information (unaudited) (Tables)
12 Months Ended
Dec. 31, 2015
Summarized Quarterly Financial Information [Abstract]  
Schedule of Quarterly Financial Information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

First Quarter

 

Second Quarter

 

Third Quarter

 

Fourth Quarter

Total revenues

 

$

30,391 

 

$

39,242 

 

$

34,316 

 

$

33,563 

Income (loss) from operations (a)

 

 

(12,889)

 

 

6,231 

 

 

(83,910)

 

 

(118,542)

Net loss (a)

 

 

(10,197)

 

 

(4,967)

 

 

(111,805)

 

 

(113,170)

Loss available to common shares

 

 

(12,171)

 

 

(6,940)

 

 

(113,779)

 

 

(115,144)

Loss per common share - basic

 

$

(0.21)

 

$

(0.11)

 

$

(1.72)

 

$

(1.58)

Loss per common share - diluted

 

$

(0.21)

 

$

(0.11)

 

$

(1.72)

 

$

(1.58)

 

(a)

Loss from operations and net loss for the three months ended September 30, 2015 and December 31, 2015 included write-downs of oil and gas properties of $87,301 and $121,134, respectively.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

First Quarter

 

Second Quarter

 

Third Quarter

 

Fourth Quarter

Total revenues

 

$

33,285 

 

$

40,502 

 

$

39,657 

 

$

38,418 

Income from operations

 

 

6,645 

 

 

12,080 

 

 

11,562 

 

 

7,983 

Net income (loss)

 

 

1,863 

 

 

4,740 

 

 

12,201 

 

 

18,962 

Income (loss) available to common shares

 

 

(111)

 

 

2,767 

 

 

10,227 

 

 

16,988 

Income (loss) per common share - basic

 

$

0.00 

 

$

0.07 

 

$

0.24 

 

$

0.31 

Income (loss) per common share - diluted

 

$

0.00 

 

$

0.07 

 

$

0.23 

 

$

0.30