Emerald Oil, Inc. Income Statement

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Financial Statements

In millions of USD; shares in millions, except per-share amounts

	FY2014 12 months to Dec 31, 2014	FY2013 12 months to Dec 31, 2013	FY2012 12 months to Dec 31, 2012	FY2011 12 months to Dec 31, 2011
REVENUES
Oil Sales
Loss on Commodity Derivatives
Natural Gas Sales
Net Gain (Losses) on Commodity Derivatives
Total Revenues
OPERATING EXPENSES
Production Expenses
Production Taxes
General and Administrative Expenses
Depletion of Oil and Natural Gas Properties
Impairment of Oil and Natural Gas Properties
Depreciation and Amortization
Accretion of Discount on Asset Retirement Obligations
Gain on Acquisition of Business, Net
Acquisition Costs
Early Rig Termination Expense
Gain on Sale of Oil and Natural Gas Properties
Total Operating Expenses
LOSS FROM OPERATIONS
OTHER INCOME (EXPENSE)
Merger Costs
Interest Expense
Warrant Revaluation Expense
Debt Conversion Expense
Gain on Acquisition of Business, Net
Other Income (Expense)
Total Other Income (Expense), Net

INCOME (LOSS) BEFORE INCOME TAXES
INCOME TAX PROVISION
NET LOSS
Less: Preferred Stock Dividends and Deemed Dividends
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS
Net Loss Per Common Share - Basic and Diluted (in Dollars per Share)
Weighted Average Shares Outstanding - Basic and Diluted (in Shares)

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