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Subsequent Events (Tables)
6 Months Ended
Jun. 30, 2016
Subsequent Events [Abstract]  
Open Oil and Natural Gas Commodity Derivative Contracts
At June 30, 2016, the Company’s open commodity derivative contracts consisted of the following:

Oil Price Swaps 
 
Notional (MBbls)
 
Weighted Average
Fixed Price
July 2016 - December 2016
552,000

 
$
88.40


Natural Gas Basis Swaps
 
Notional (MMcf)
 
Weighted Average
Fixed Price
July 2016 - December 2016
1,840,000

 
$
(0.38
)
Subsequent to June 30, 2016, the Company entered into four additional oil swap contracts and six additional natural gas swap commodity derivative contracts consisting of the following on a gross basis:

Oil Price Swaps 
 
Notional (MBbls)
 
Weighted Average
Fixed Price
July 2016 - December 2016
1,288,000

 
$
47.54



Natural Gas Swaps 
 
Notional (MMcf)
 
Weighted Average
Fixed Price
August 2016 - December 2016
18,161,100

 
$
2.86