Quarterly report pursuant to Section 13 or 15(d)

Acquisitions (Tables)

v3.5.0.2
Acquisitions (Tables)
 6 Months Ended
Jun. 30, 2016
Howard County, Texas [Member] | Big Star Transaction [Member]  
Fair Value of Net Assets Acquired



 

 

 

Oil and natural gas properties

 

$

 96,194 

Unevaluated oil and natural gas properties

 

 

 233,387 

Asset retirement obligations

 

 

 (8)

   Net assets acquired

 

$

 329,573 



Unaudited Summary Pro Forma Financial Information



 

 

 

 

 

 

 

 

 

 

 

 



 

Three Months Ended June 30,

 

Six Months Ended June 30,



 

2016

 

2015

 

2016

 

2015

Revenues

 

$

 48,937 

 

$

 45,047 

 

$

 85,010 

 

$

 78,060 

Income from operations

 

 

 (50,004)

 

 

 6,179 

 

 

 (85,405)

 

 

 (7,695)

Income available to common stockholders

 

 

 (68,452)

 

 

 (3,011)

 

 

 (108,202)

 

 

 (12,176)



 

 

 

 

 

 

 

 

 

 

 

 

Net income per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

 (0.58)

 

$

 (0.03)

 

$

 (1.07)

 

$

 (0.13)

Diluted

 

$

 (0.58)

 

$

 (0.03)

 

$

 (1.07)

 

$

 (0.13)



Western Reagan County, Texas [Member] | AMI Transaction [Member]  
Fair Value of Net Assets Acquired



 

 

 

Oil and natural gas properties

 

$

 15,951 

Unevaluated oil and natural gas properties

 

 

 17,069 

Asset retirement obligations

 

 

 (8)

   Net assets acquired

 

$

 33,012 



Casselman-Bohannon Fields [Member]  
Fair Value of Net Assets Acquired



 

 

 

Oil and natural gas properties

 

$

 5,527 

Unevaluated oil and natural gas properties

 

 

 4,656 

   Net assets acquired

 

$

 10,183