Annual report pursuant to Section 13 and 15(d)

Segment Information (Tables)

v3.6.0.2
Segment Information (Tables)
12 Months Ended
Dec. 31, 2016
Segment Information [Abstract]  
Segment Activity



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

Year Ended December 31, 2016



 

 

 

 

Equatorial

 

 

 

 

Corporate

 

 

 

(in thousands)

 

Gabon

 

Guinea

 

U.S.

 

and Other

 

Total

Revenues-oil and natural gas sales

 

$

59,460 

 

$

 -

 

$

324 

 

$

 -

 

$

59,784 

Depreciation, depletion and amortization

 

 

6,531 

 

 

 -

 

 

151 

 

 

244 

 

 

6,926 

Impairment of proved properties

 

 

 -

 

 

 -

 

 

88 

 

 

 -

 

 

88 

Bad debt expense and other

 

 

1,222 

 

 

 -

 

 

 -

 

 

 -

 

 

1,222 

Operating income (loss)

 

 

3,901 

 

 

(384)

 

 

(72)

 

 

(7,836)

 

 

(4,391)

Interest income (expense), net

 

 

(2,614)

 

 

 -

 

 

 -

 

 

 

 

(2,613)

Income tax expense

 

 

9,248 

 

 

 -

 

 

 -

 

 

 -

 

 

9,248 

Additions to property and equipment

 

 

(4,242)

 

 

 -

 

 

 -

 

 

181 

 

 

(4,061)



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

Year Ended December 31, 2015



 

 

 

 

Equatorial

 

 

 

 

Corporate

 

 

 

(in thousands)

 

Gabon

 

Guinea

 

U.S.

 

and Other

 

Total

Revenues-oil and natural gas sales

 

$

79,947 

 

$

 -

 

$

498 

 

$

 -

 

$

80,445 

Depreciation, depletion and amortization

 

 

32,125 

 

 

 -

 

 

633 

 

 

240 

 

 

32,998 

Impairment of proved properties

 

 

78,080 

 

 

 -

 

 

3,242 

 

 

 -

 

 

81,322 

Bad debt expense and other

 

 

2,968 

 

 

 -

 

 

 -

 

 

 -

 

 

2,968 

Operating income (loss)

 

 

(87,243)

 

 

(1,342)

 

 

(4,366)

 

 

(10,155)

 

 

(103,106)

Interest income (expense), net

 

 

(1,144)

 

 

 -

 

 

 -

 

 

(181)

 

 

(1,325)

Income tax expense

 

 

13,238 

 

 

 -

 

 

 -

 

 

1,349 

 

 

14,587 

Additions to property and equipment

 

 

66,269 

 

 

 -

 

 

 -

 

 

150 

 

 

66,419 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

Year Ended December 31, 2014



 

 

 

 

Equatorial

 

 

 

 

Corporate

 

 

 

(in thousands)

 

Gabon

 

Guinea

 

U.S.

 

and Other

 

Total

Revenues-oil and natural gas sales

 

$

126,322 

 

$

 -

 

$

1,369 

 

$

 -

 

$

127,691 

Depreciation, depletion and amortization

 

 

19,079 

 

 

 -

 

 

901 

 

 

94 

 

 

20,074 

Impairment of proved properties

 

 

98,341 

 

 

 -

 

 

 -

 

 

 -

 

 

98,341 

Bad debt expense and other

 

 

2,400 

 

 

 -

 

 

 -

 

 

 -

 

 

2,400 

Operating income (loss)

 

 

(42,105)

 

 

(1,525)

 

 

(119)

 

 

(6,856)

 

 

(50,605)

Interest income (expense), net

 

 

42 

 

 

 -

 

 

 -

 

 

33 

 

 

75 

Income tax expense

 

 

22,486 

 

 

 -

 

 

 -

 

 

 -

 

 

22,486 

Additions to property and equipment

 

 

83,170 

 

 

 -

 

 

 

 

816 

 

 

83,994 



Segment Long-lived Assets And Total Assets



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

Equatorial

 

 

 

 

Corporate

 

 

 

(in thousands)

 

Gabon

 

Guinea

 

U.S.

 

and Other

 

Total

Long lived assets from continuing operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

as of December 31, 2016

 

$

17,291 

 

$

10,000 

 

$

 -

 

$

728 

 

$

28,019 

as of December 31, 2015

 

 

21,329 

 

 

10,000 

 

 

1,234 

 

 

794 

 

 

33,357 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets from continuing operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

as of December 31, 2016

 

$

64,478 

 

$

10,122 

 

$

382 

 

$

3,911 

 

$

78,893 

as of December 31, 2015

 

 

98,858 

 

 

10,200 

 

 

1,470 

 

 

5,045 

 

 

115,573