Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.7.0.1
Segment Information (Tables)
3 Months Ended
Mar. 31, 2017
Segment Information [Abstract]  
Segment Activity

Segment activity of continuing operations for the three months ended March  31, 2017 and 2016 and segment assets at March  31, 2017 and December 31, 2016 are as follows:







 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

Three Months Ended March 31, 2017



 

 

 

 

Equatorial

 

 

 

 

Corporate

 

 

 

(in thousands)

 

Gabon

 

Guinea

 

U.S.

 

and Other

 

Total

Revenues-oil and natural gas sales

 

$

21,246 

 

$

 -

 

$

20 

 

$

 -

 

$

21,266 

Depreciation, depletion and amortization

 

 

1,809 

 

 

 -

 

 

 

 

59 

 

 

1,869 

Bad debt expense and other

 

 

98 

 

 

 -

 

 

 -

 

 

 -

 

 

98 

Operating income (loss)

 

 

10,960 

 

 

(38)

 

 

 

 

(2,781)

 

 

8,148 

Interest income (expense), net

 

 

(403)

 

 

 -

 

 

 -

 

 

 -

 

 

(403)

Income tax expense

 

 

3,194 

 

 

 -

 

 

 -

 

 

 -

 

 

3,194 

Additions to property and equipment

 

 

262 

 

 

 -

 

 

 -

 

 

 -

 

 

262 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

Three Months Ended March 31, 2016



 

 

 

 

Equatorial

 

 

 

 

Corporate

 

 

 

(in thousands)

 

Gabon

 

Guinea

 

U.S.

 

and Other

 

Total

Revenues-oil and natural gas sales

 

$

10,908 

 

$

 -

 

$

68 

 

$

 -

 

$

10,976 

Depreciation, depletion and amortization

 

 

2,143 

 

 

 -

 

 

21 

 

 

74 

 

 

2,238 

Bad debt expense and other

 

 

343 

 

 

 -

 

 

 -

 

 

 -

 

 

343 

Operating loss

 

 

(11,956)

 

 

(48)

 

 

(3)

 

 

(1,508)

 

 

(13,515)

Interest income (expense), net

 

 

(488)

 

 

 -

 

 

 -

 

 

 -

 

 

(488)

Income tax expense

 

 

1,685 

 

 

 -

 

 

 -

 

 

 -

 

 

1,685 

Additions to property and equipment

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 -







Segment Long-lived Assets And Total Assets



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

Equatorial

 

 

 

 

Corporate

 

 

 

(in thousands)

 

Gabon

 

Guinea

 

U.S.

 

and Other

 

Total

Total assets from continuing operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of March 31, 2017

 

$

64,108 

 

$

10,119 

 

$

173 

 

$

3,182 

 

$

77,582 

As of December 31, 2016

 

 

64,478 

 

 

10,122 

 

 

382 

 

 

3,911 

 

 

78,893