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Subsequent Event | 3 Months Ended
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Mar. 31, 2017
Subsequent Event [Abstract] |
Subsequent Event | Note Q – Subsequent Event ﻿ On April 1, 2017, the Company’s effective working interest in the Kakap field in Block K Malaysia was reduced from 8.6% to approximately 6.7%. Due to the change in interest, the future payments under a lease of production equipment in the Kak a p field accounted for as a capital lease will be lower. As a result, the Company anticipates the total debt recorded on its balance sheet to be reduced by approximately $56.7 million, with a similar reduction to Property, plant and equipment. ﻿

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 + Details
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