Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.8.0.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 12 Months Ended
Apr. 09, 2016
Dec. 31, 2017
Dec. 31, 2016
Natural gas sales   $ 503 $ 0
LNG sales   3,273 0
Other LNG revenue   1,665 0
Related party   0 0
Total revenue   5,441 0
Operating costs and expenses      
Cost of sales (exclusive of items shown separately below)   7,565 0
Development expenses   59,498 47,146
Depreciation, depletion and amortization   479 69
General and administrative expenses   98,874 46,515
Goodwill impairment   77,592 0
Total operating costs and expenses   244,008 93,730
Loss from operations   (238,567) (93,730)
Gain (loss) on preferred stock exchange feature   2,209 (3,308)
Other income, net   5,084 217
Loss before income taxes   (231,274) (96,821)
Income tax benefit (provision)   (185) 166
Net loss attributable to common stockholders   $ (231,459) $ (96,655)
Net loss per common share:      
Basic and diluted (in dollars per share)   $ (1.23) $ (1.01)
Weighted average shares outstanding      
Basic and diluted (in shares)   188,536 95,795
Predecessor      
Natural gas sales $ 0    
LNG sales 0    
Other LNG revenue 0    
Related party 31    
Total revenue 31    
Operating costs and expenses      
Cost of sales (exclusive of items shown separately below) 0    
Development expenses 44    
Depreciation, depletion and amortization 8    
General and administrative expenses 617    
Goodwill impairment 0    
Total operating costs and expenses 669    
Loss from operations (638)    
Gain (loss) on preferred stock exchange feature 0    
Other income, net 0    
Loss before income taxes (638)    
Income tax benefit (provision) 0    
Net loss attributable to common stockholders $ (638)