| Segment Activity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended June 30, 2015
|
|
|
|
|
|
|
|
|
|
Equatorial
|
|
|
|
|
Corporate
|
|
|
|
|
(in thousands)
|
|
Gabon
|
|
Angola
|
|
Guinea
|
|
USA
|
|
and Other
|
|
Total
|
|
Revenues-oil and gas sales
|
|
$
|
26,991
|
|
$
|
-
|
|
$
|
-
|
|
$
|
146
|
|
$
|
-
|
|
$
|
27,137
|
|
Depreciation, depletion and amortization
|
|
|
9,078
|
|
|
3
|
|
|
-
|
|
|
157
|
|
|
61
|
|
|
9,299
|
|
Impairment of proved properties
|
|
|
5,821
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
5,821
|
|
Operating income (loss)
|
|
|
2,266
|
|
|
(978)
|
|
|
(418)
|
|
|
(663)
|
|
|
(1,237)
|
|
|
(1,030)
|
|
Interest income (expense), net
|
|
|
(343)
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
4
|
|
|
(339)
|
|
Income tax expense
|
|
|
4,273
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
4,273
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended June 30, 2014
|
|
|
|
|
|
|
|
|
|
Equatorial
|
|
|
|
|
Corporate
|
|
|
|
|
(in thousands)
|
|
Gabon
|
|
Angola
|
|
Guinea
|
|
USA
|
|
and Other
|
|
Total
|
|
Revenues-oil and gas sales
|
|
$
|
51,631
|
|
$
|
-
|
|
$
|
-
|
|
$
|
467
|
|
$
|
-
|
|
$
|
52,098
|
|
Depreciation, depletion and amortization
|
|
|
6,706
|
|
|
-
|
|
|
-
|
|
|
270
|
|
|
19
|
|
|
6,995
|
|
Operating income (loss)
|
|
|
36,223
|
|
|
(721)
|
|
|
(139)
|
|
|
130
|
|
|
(1,665)
|
|
|
33,828
|
|
Interest income (expense), net
|
|
|
9
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
8
|
|
|
17
|
|
Income tax expense
|
|
|
9,009
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
9,009
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Six Months Ended June 30, 2015
|
|
|
|
|
|
|
|
|
|
Equatorial
|
|
|
|
|
Corporate
|
|
|
|
|
(in thousands)
|
|
Gabon
|
|
Angola
|
|
Guinea
|
|
USA
|
|
and Other
|
|
Total
|
|
Revenues-oil and gas sales
|
|
$
|
45,091
|
|
$
|
-
|
|
$
|
-
|
|
$
|
285
|
|
$
|
-
|
|
$
|
45,376
|
|
Depreciation, depletion and amortization
|
|
|
14,784
|
|
|
6
|
|
|
-
|
|
|
327
|
|
|
117
|
|
|
15,234
|
|
Impairment of proved properties
|
|
|
11,220
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
11,220
|
|
Operating income (loss)
|
|
|
(2,279)
|
|
|
(28,844)
|
|
|
(657)
|
|
|
(414)
|
|
|
(4,114)
|
|
|
(36,308)
|
|
Interest income (expense), net
|
|
|
(650)
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
5
|
|
|
(645)
|
|
Income tax expense
|
|
|
7,638
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
7,638
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Six Months Ended June 30, 2014
|
|
|
|
|
|
|
|
|
|
Equatorial
|
|
|
|
|
Corporate
|
|
|
|
|
(in thousands)
|
|
Gabon
|
|
Angola
|
|
Guinea
|
|
USA
|
|
and Other
|
|
Total
|
|
Revenues-oil and gas sales
|
|
$
|
79,375
|
|
$
|
-
|
|
$
|
-
|
|
$
|
797
|
|
$
|
-
|
|
$
|
80,172
|
|
Depreciation, depletion and amortization
|
|
|
10,602
|
|
|
6
|
|
|
-
|
|
|
510
|
|
|
37
|
|
|
11,155
|
|
Operating income (loss)
|
|
|
38,913
|
|
|
(1,847)
|
|
|
(339)
|
|
|
67
|
|
|
(3,613)
|
|
|
33,181
|
|
Interest income (expense), net
|
|
|
24
|
|
|
-
|
|
|
-
|
|
|
22
|
|
|
-
|
|
|
46
|
|
Income tax expense
|
|
|
15,135
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
15,135
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Equatorial
|
|
|
|
|
Corporate
|
|
|
|
|
(in thousands)
|
|
Gabon
|
|
Angola
|
|
Guinea
|
|
USA
|
|
and Other
|
|
Total
|
|
Total assets as of June 30, 2015
|
|
$
|
182,898
|
|
$
|
21,588
|
|
$
|
10,326
|
|
$
|
5,934
|
|
$
|
13,541
|
|
$
|
234,287
|
|
Total assets as of December 31, 2014
|
|
|
192,957
|
|
|
22,305
|
|
|
10,197
|
|
|
6,611
|
|
|
16,779
|
|
|
248,849
|
|