|
Revenues
|
|
|
|
|
|
|
|
|
|
|
Lease operating costs
|
|
$11.7m
|
$14.3m
|
$13.5m
|
$16.6m
|
$48.7m
|
$59.5m
|
$48.3m
|
$49.3m
|
|
Total operating costs
|
|
$24.6m
|
$25.6m
|
$25.9m
|
$53.4m
|
$63.5m
|
$83.4m
|
$78.0m
|
$81.7m
|
|
Depletion, depreciation, and accretion
|
|
$6.1m
|
$6.3m
|
$5.8m
|
$5.2m
|
$8.1m
|
$14.3m
|
$20.1m
|
$22.0m
|
|
Income (loss) from operations
|
|
$16.2m
|
$17.6m
|
$3.7m
|
($20.7m)
|
$45.4m
|
$45.1m
|
$7.9m
|
$4.2m
|
|
Net gain (loss) on derivative contracts
|
|
—
|
$0
|
$1.4m
|
($615k)
|
($3.8m)
|
$513k
|
($1.3m)
|
$473k
|
|
Interest and other income
|
|
$86k
|
$239k
|
$177k
|
$40k
|
$95k
|
$121k
|
$342k
|
$191k
|
|
Income (loss) before income taxes
|
|
$16.2m
|
$18.9m
|
$3.8m
|
($21.4m)
|
$41.1m
|
$45.3m
|
$5.5m
|
$1.9m
|
|
Impairment of proved property
|
|
—
|
—
|
$0
|
$24.8m
|
$0
|
—
|
—
|
—
|
|
Impairment of Well Lift Inc. - related assets
|
|
—
|
—
|
$0
|
$146k
|
—
|
—
|
—
|
—
|
|
Enduro transaction breakup fee
|
|
$0
|
$1.1m
|
$0
|
—
|
—
|
—
|
—
|
—
|
|
Net income (loss)
|
|
$19.6m
|
$15.4m
|
$5.9m
|
($16.4m)
|
$32.6m
|
$35.2m
|
$4.1m
|
$1.5m
|
|
Net income (loss) attributable to common shareholders
|
|
$19.6m
|
$15.4m
|
$5.9m
|
($16.4m)
|
$32.6m
|
$35.2m
|
$4.1m
|
$1.5m
|
|
Basic (in dollars per share)
|
|
$0.59
|
$0.46
|
$0.18
|
($0.50)
|
$0.97
|
$1.05
|
$0.12
|
$0.03
|
|
Diluted (in dollars per share)
|
|
$0.59
|
$0.46
|
$0.18
|
($0.50)
|
$0.96
|
$1.04
|
$0.12
|
$0.03
|
|
General and administrative expenses
|
|
$6.8m
|
$5.1m
|
$5.3m
|
$6.8m
|
$6.8m
|
$9.6m
|
$9.6m
|
$10.3m
|
|
Interest expense
|
|
—
|
—
|
($111k)
|
($103k)
|
($572k)
|
($458k)
|
($1.5m)
|
($3.0m)
|
|
Income tax (expense) benefit
|
|
($3.4m)
|
$3.5m
|
($2.2m)
|
$5.0m
|
($8.5m)
|
($10.1m)
|
($1.4m)
|
($396k)
|
|
Interest (expense)
|
|
($111k)
|
($117k)
|
($111k)
|
$103k
|
$572k
|
$458k
|
$1.5m
|
$3.0m
|