XML 48 R25.htm IDEA: XBRL DOCUMENT
v3.20.1

Segment Information (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2020
Segment Information [Abstract] |
Segment Activity |
|  | Three Months Ended March 31, 2020
(in thousands) |  | Gabon |  | Equatorial Guinea |  | Corporate and Other |  | Total
Revenues-crude oil and natural gas sales |  | $ | 18,389 |  | $ | — |  | $ | — |  | $ | 18,389
Depreciation, depletion and amortization |  |  | 3,072 |  |  | — |  |  | 31 |  |  | 3,103
Impairment of proved crude oil and natural gas properties |  |  | 30,625 |  |  | — |  |  | — |  |  | 30,625
Bad debt recovery and other |  |  | 810 |  |  | — |  |  | — |  |  | 810
Operating income (loss) |  |  | (26,283) |  |  | (125) |  |  | (275) |  |  | (26,683)
Derivative instruments gain (loss), net |  |  | — |  |  | — |  |  | 7,339 |  |  | 7,339
Income tax expense |  |  | 22,039 |  |  | — |  |  | 11,439 |  |  | 33,478
Additions to crude oil and natural gas properties and equipment – accrual |  |  | 9,421 |  |  | — |  |  | — |  |  | 9,421
|  | Three Months Ended March 31, 2019
(in thousands) |  | Gabon |  | Equatorial Guinea |  | Corporate and Other |  | Total
Revenues-crude oil and natural gas sales |  | $ | 19,765 |  | $ | — |  | $ | — |  | $ | 19,765
Depreciation, depletion and amortization |  |  | 1,479 |  |  | — |  |  | 74 |  |  | 1,553
Impairment of proved crude oil and natural gas properties |  |  | — |  |  | — |  |  | — |  |  | —
Bad debt recovery and other |  |  | (29) |  |  | — |  |  | — |  |  | (29)
Operating income (loss) |  |  | 9,530 |  |  | (186) |  |  | (3,798) |  |  | 5,546
Derivative instruments gain (loss), net |  |  | — |  |  | — |  |  | (1,912) |  |  | (1,912)
Income tax expense |  |  | 2,491 |  |  | 10 |  |  | 252 |  |  | 2,753
Additions to crude oil and natural gas properties and equipment – accrual |  |  | 681 |  |  | (187) |  |  | 191 |  |  | 685
Long-lived Assets From Continuing Operations |
(in thousands) |  | Gabon |  | Equatorial Guinea |  | Corporate and Other |  | Total
Long-lived assets from continuing operations: |  |  |  |  |  |  |  |  |  |  |  |
As of March 31, 2020 |  | $ | 33,202 |  | $ | 10,000 |  | $ | 298 |  | $ | 43,500
As of December 31, 2019 |  | $ | 57,930 |  | $ | 10,000 |  | $ | 328 |  | $ | 68,258
(in thousands) |  | Gabon |  | Equatorial Guinea |  | Corporate and Other |  | Total
Total assets from continuing operations: |  |  |  |  |  |  |  |  |  |  |  |
As of March 31, 2020 |  | $ | 117,173 |  | $ | 10,112 |  | $ | 41,407 |  | $ | 168,692
As of December 31, 2019 |  | $ | 151,686 |  | $ | 10,087 |  | $ | 49,764 |  | $ | 211,537

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8924-108599 + Details
Name: | us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration