2018 Q4 Form 10-Q Financial Statement
#000110448518000195 Filed on November 09, 2018
Income Statement
Concept | 2018 Q4 | 2018 Q3 | 2017 Q4 |
---|---|---|---|
Revenue | $443.2M | $102.3M | $37.00M |
YoY Change | 1097.75% | 145.85% | 2.95% |
Cost Of Revenue | $35.12M | $18.16M | $20.00M |
YoY Change | 75.58% | 44.07% | 23.46% |
Gross Profit | $408.1M | $84.11M | $17.00M |
YoY Change | 2300.47% | 190.1% | -13.71% |
Gross Profit Margin | 92.08% | 82.24% | 45.94% |
Selling, General & Admin | $4.976M | $4.674M | $3.100M |
YoY Change | 60.51% | -41.57% | -16.22% |
% of Gross Profit | 1.22% | 5.56% | 18.24% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $48.29M | $30.28M | $17.60M |
YoY Change | 174.4% | 96.65% | 30.37% |
% of Gross Profit | 11.83% | 36.01% | 103.53% |
Operating Expenses | $88.39M | $66.67M | $40.66M |
YoY Change | 117.37% | 62.56% | 21.53% |
Operating Profit | $354.8M | $35.60M | -$3.660M |
YoY Change | -9795.53% | 5985.15% | -247.21% |
Interest Expense | -$34.60M | $20.44M | -$20.90M |
YoY Change | 65.56% | 22.58% | 29.01% |
% of Operating Profit | -9.75% | 57.41% | |
Other Income/Expense, Net | -$136.6M | -$16.62M | -$21.76M |
YoY Change | 527.65% | -0.33% | 34.16% |
Pretax Income | $218.2M | $18.98M | -$25.40M |
YoY Change | -959.2% | -217.97% | 85.4% |
Income Tax | -$55.00K | $0.00 | -$1.570M |
% Of Pretax Income | -0.03% | 0.0% | |
Net Earnings | $218.3M | $18.98M | -$23.85M |
YoY Change | -1015.32% | -217.97% | 93.41% |
Net Earnings / Revenue | 49.25% | 18.56% | -64.45% |
Basic Earnings Per Share | $0.58 | $0.06 | -$0.37 |
Diluted Earnings Per Share | $0.58 | $0.06 | -$0.37 |
COMMON SHARES | |||
Basic Shares Outstanding | 385.7M shares | 300.5M shares | 66.82M shares |
Diluted Shares Outstanding | 301.8M shares |
Balance Sheet
Concept | 2018 Q4 | 2018 Q3 | 2017 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $2.358M | $113.0M | $102.2M |
YoY Change | -97.69% | 1561.26% | 1472.31% |
Cash & Equivalents | $2.358M | $113.0M | $102.2M |
Short-Term Investments | |||
Other Short-Term Assets | $128.5M | $20.51M | $2.900M |
YoY Change | 4331.0% | 236.28% | -9.38% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $96.35M | $90.48M | $46.85M |
Other Receivables | $1.205M | $785.0K | $700.0K |
Total Short-Term Assets | $228.4M | $224.7M | $152.8M |
YoY Change | 49.53% | 320.31% | 225.75% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.203B | $818.0M | $473.2M |
YoY Change | 154.16% | 88.73% | 25.79% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $10.22M | $5.443M | $5.491M |
YoY Change | 86.16% | -18.38% | -34.87% |
Total Long-Term Assets | $1.275B | $844.2M | $479.5M |
YoY Change | 165.95% | 91.48% | 24.66% |
TOTAL ASSETS | |||
Total Short-Term Assets | $228.4M | $224.7M | $152.8M |
Total Long-Term Assets | $1.275B | $844.2M | $479.5M |
Total Assets | $1.504B | $1.069B | $632.3M |
YoY Change | 137.82% | 116.23% | 46.51% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $55.02M | $122.3M | $93.15M |
YoY Change | -40.94% | 50.68% | 65.91% |
Accrued Expenses | $83.24M | $6.334M | $6.339M |
YoY Change | 1213.01% | -36.92% | 4.01% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $231.5M | $215.4M | $123.6M |
YoY Change | 87.36% | -18.87% | 59.57% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $830.2M | $789.5M | $979.3M |
YoY Change | -15.22% | 14.24% | 17.62% |
Other Long-Term Liabilities | $105.0K | $112.8K | $135.2K |
YoY Change | -22.35% | -98.66% | -13.67% |
Total Long-Term Liabilities | $105.0K | $112.8K | $135.2K |
YoY Change | -22.35% | -99.98% | -99.98% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $231.5M | $215.4M | $123.6M |
Total Long-Term Liabilities | $105.0K | $112.8K | $135.2K |
Total Liabilities | $1.074B | $1.058B | $1.123B |
YoY Change | -4.39% | 9.61% | 22.21% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$796.9M | -$1.015B | -$940.6M |
YoY Change | -15.28% | 10.74% | 0.99% |
Common Stock | $1.227B | $1.026B | $449.7M |
YoY Change | 172.77% | 130.07% | 1.3% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $429.9M | $11.21M | -$490.8M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $1.504B | $1.069B | $632.3M |
YoY Change | 137.82% | 116.23% | 46.51% |
Cashflow Statement
Concept | 2018 Q4 | 2018 Q3 | 2017 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $218.3M | $18.98M | -$23.85M |
YoY Change | -1015.32% | -217.97% | 93.41% |
Depreciation, Depletion And Amortization | $48.29M | $30.28M | $17.60M |
YoY Change | 174.4% | 96.65% | 30.37% |
Cash From Operating Activities | $117.8M | $62.82M | $7.400M |
YoY Change | 1492.51% | 74.98% | 76.19% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$164.4M | -$150.5M | -$43.80M |
YoY Change | 275.41% | 357.32% | 67.18% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | -$100.0K | $0.00 |
YoY Change | -100.0% | ||
Cash From Investing Activities | -$164.4M | -$150.4M | -$43.80M |
YoY Change | 275.41% | 358.51% | 75.2% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -64.03M | -343.2K | 131.8M |
YoY Change | -148.58% | 449.17% | |
NET CHANGE | |||
Cash From Operating Activities | 117.8M | 62.82M | 7.400M |
Cash From Investing Activities | -164.4M | -150.4M | -43.80M |
Cash From Financing Activities | -64.03M | -343.2K | 131.8M |
Net Change In Cash | -110.6M | -87.92M | 95.40M |
YoY Change | -215.94% | -2936.04% | 2881.25% |
FREE CASH FLOW | |||
Cash From Operating Activities | $117.8M | $62.82M | $7.400M |
Capital Expenditures | -$164.4M | -$150.5M | -$43.80M |
Free Cash Flow | $282.3M | $213.3M | $51.20M |
YoY Change | 451.32% | 209.99% | 68.42% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2018 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
nog |
Capitalized Costs Relatedto Expired Leases Subjectto Depletion
CapitalizedCostsRelatedtoExpiredLeasesSubjecttoDepletion
|
8100000 | USD | |
dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | ||
nog |
Capitalized Certain Payroll And Other Internal Costs
CapitalizedCertainPayrollAndOtherInternalCosts
|
647519 | USD | |
dei |
Document Period End Date
DocumentPeriodEndDate
|
2018-09-30 | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
NORTHERN OIL & GAS, INC. | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001104485 | ||
CY2018Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
385680827 | shares |
dei |
Entity Small Business
EntitySmallBusiness
|
false | ||
nog |
Advances On Revolving Credit Facility
AdvancesOnRevolvingCreditFacility
|
30000000 | USD | |
nog |
Advances On Revolving Credit Facility
AdvancesOnRevolvingCreditFacility
|
0 | USD | |
CY2017Q4 | nog |
Advances To Operators
AdvancesToOperators
|
604977 | USD |
CY2018Q3 | nog |
Capitalized Certain Payroll And Other Internal Costs
CapitalizedCertainPayrollAndOtherInternalCosts
|
264127 | USD |
nog |
Capitalized Certain Payroll And Other Internal Costs
CapitalizedCertainPayrollAndOtherInternalCosts
|
617058 | USD | |
CY2018Q3 | nog |
Advances To Operators
AdvancesToOperators
|
2552490 | USD |
nog |
Anticipated Timing Of Inclusion Of Cost In Amortization Calculation
AnticipatedTimingOfInclusionOfCostInAmortizationCalculation
|
P5Y | ||
nog |
Capitalized Asset Retirement Obligations
CapitalizedAssetRetirementObligations
|
974465 | USD | |
nog |
Capitalized Asset Retirement Obligations
CapitalizedAssetRetirementObligations
|
1643572 | USD | |
CY2017Q3 | nog |
Capitalized Certain Payroll And Other Internal Costs
CapitalizedCertainPayrollAndOtherInternalCosts
|
201875 | USD |
CY2017Q3 | nog |
Capitalized Costs Relatedto Expired Leases Subjectto Depletion
CapitalizedCostsRelatedtoExpiredLeasesSubjecttoDepletion
|
5100000 | USD |
nog |
Capitalized Costs Relatedto Expired Leases Subjectto Depletion
CapitalizedCostsRelatedtoExpiredLeasesSubjecttoDepletion
|
14800000 | USD | |
CY2018Q3 | nog |
Capitalized Costs Relatedto Expired Leases Subjectto Depletion
CapitalizedCostsRelatedtoExpiredLeasesSubjecttoDepletion
|
3100000 | USD |
CY2017Q3 | nog |
Cash Received Paid On Derivatives
CashReceivedPaidOnDerivatives
|
3395117 | USD |
nog |
Cash Received Paid On Derivatives
CashReceivedPaidOnDerivatives
|
5640488 | USD | |
CY2018Q3 | nog |
Cash Received Paid On Derivatives
CashReceivedPaidOnDerivatives
|
-12922603 | USD |
nog |
Cash Received Paid On Derivatives
CashReceivedPaidOnDerivatives
|
-33319597 | USD | |
nog |
Compensation Capitalizedon Oiland Gas Properties
CompensationCapitalizedonOilandGasProperties
|
211665 | USD | |
nog |
Compensation Capitalizedon Oiland Gas Properties
CompensationCapitalizedonOilandGasProperties
|
249861 | USD | |
nog |
Crude Oil And Natural Gas Properties Discount Rate
CrudeOilAndNaturalGasPropertiesDiscountRate
|
0.1 | ||
CY2018Q2 | nog |
Debt Instrument Numberof Exchange Agreements
DebtInstrumentNumberofExchangeAgreements
|
5 | agreement |
CY2018Q3 | nog |
Debt Instrument Numberof Exchange Agreements
DebtInstrumentNumberofExchangeAgreements
|
5 | agreement |
CY2017Q3 | nog |
Depletion Depreciation Amortization And Accretion
DepletionDepreciationAmortizationAndAccretion
|
15357685 | USD |
nog |
Depletion Depreciation Amortization And Accretion
DepletionDepreciationAmortizationAndAccretion
|
41868280 | USD | |
CY2018Q3 | nog |
Depletion Depreciation Amortization And Accretion
DepletionDepreciationAmortizationAndAccretion
|
30258089 | USD |
nog |
Depletion Depreciation Amortization And Accretion
DepletionDepreciationAmortizationAndAccretion
|
71484746 | USD | |
nog |
Derivative Liability Assumed
DerivativeLiabilityAssumed
|
0 | USD | |
nog |
Derivative Liability Assumed
DerivativeLiabilityAssumed
|
19354182 | USD | |
CY2017Q4 | nog |
Derivative Liability Debt Exchange Current
DerivativeLiabilityDebtExchangeCurrent
|
0 | USD |
CY2018Q3 | nog |
Derivative Liability Debt Exchange Current
DerivativeLiabilityDebtExchangeCurrent
|
6030363 | USD |
nog |
Impairment Costs Related To Expired Leases Subject To Depletion
ImpairmentCostsRelatedToExpiredLeasesSubjectToDepletion
|
100000 | USD | |
nog |
Impairment Costs Related To Expired Leases Subject To Depletion
ImpairmentCostsRelatedToExpiredLeasesSubjectToDepletion
|
100000 | USD | |
nog |
Noncashor Part Noncash Acquisition Noncash Financialor Equity Instrument Consideration
NoncashorPartNoncashAcquisitionNoncashFinancialorEquityInstrumentConsideration
|
0 | USD | |
nog |
Noncashor Part Noncash Acquisition Noncash Financialor Equity Instrument Consideration
NoncashorPartNoncashAcquisitionNoncashFinancialorEquityInstrumentConsideration
|
9352730 | USD | |
CY2018Q3 | nog |
Numberof Geographic Areasinwhich Entity Operates
NumberofGeographicAreasinwhichEntityOperates
|
1 | geographic_area |
nog |
Percentageof Proved Reserves Sold To Be Considereda Significant Alteration
PercentageofProvedReservesSoldToBeConsideredaSignificantAlteration
|
0.25 | ||
nog |
Period For Advance Payments To Be Applied Against Joint Interest Billings
PeriodForAdvancePaymentsToBeAppliedAgainstJointInterestBillings
|
P90D | ||
nog |
Restricted Stock Surrenders Tax Obligations Value
RestrictedStockSurrendersTaxObligationsValue
|
414957 | USD | |
CY2018Q3 | nog |
Revenuefrom Contractwith Customer Numberof Revenue Sources
RevenuefromContractwithCustomerNumberofRevenueSources
|
2 | revenue_source |
CY2018Q1 | nog |
Sale Of Stock Subscription Arrangement Amount Maximum
SaleOfStockSubscriptionArrangementAmountMaximum
|
40000000 | USD |
CY2018Q2 | nog |
Sale Of Stock Subscription Arrangement Amount Maximum
SaleOfStockSubscriptionArrangementAmountMaximum
|
52000000 | USD |
CY2018Q1 | nog |
Sale Of Stock Subscription Arrangement Equity Raise Lowest Price Per Share
SaleOfStockSubscriptionArrangementEquityRaiseLowestPricePerShare
|
1.50 | |
CY2018Q2 | nog |
Saleof Stock Gross Proceeds
SaleofStockGrossProceeds
|
84500000 | USD |
CY2018Q2 | nog |
Saleof Stock Gross Proceeds
SaleofStockGrossProceeds
|
5200000 | USD |
nog |
Settlementof Prepaid Expensesand Other Assets Through Noncash Payments Amount
SettlementofPrepaidExpensesandOtherAssetsThroughNoncashPaymentsAmount
|
0 | USD | |
nog |
Settlementof Prepaid Expensesand Other Assets Through Noncash Payments Amount
SettlementofPrepaidExpensesandOtherAssetsThroughNoncashPaymentsAmount
|
12411574 | USD | |
nog |
Sharebased Compensation Arrangementby Sharebased Payment Award Options Gross Exercisesin Period
SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsGrossExercisesinPeriod
|
250000 | shares | |
CY2017 | nog |
Stock Issued During Period Shares Debt Exchange Agreements
StockIssuedDuringPeriodSharesDebtExchangeAgreements
|
0 | shares |
nog |
Stock Issued During Period Shares Debt Exchange Agreements
StockIssuedDuringPeriodSharesDebtExchangeAgreements
|
136063799 | shares | |
CY2017 | nog |
Stock Issued During Period Shares Sharebased Compensation Legal Settlement
StockIssuedDuringPeriodSharesSharebasedCompensationLegalSettlement
|
3000000 | shares |
nog |
Stock Issued During Period Shares Sharebased Compensation Legal Settlement
StockIssuedDuringPeriodSharesSharebasedCompensationLegalSettlement
|
0 | shares | |
nog |
Stock Issued During Period Value Debt Exchange Agreements
StockIssuedDuringPeriodValueDebtExchangeAgreements
|
327499418 | USD | |
CY2018Q3 | nog |
Stock Shares Authorized
StockSharesAuthorized
|
680000000 | shares |
CY2017Q3 | nog |
Total Capitalized Costs Oil And Gas Producing Activities
TotalCapitalizedCostsOilAndGasProducingActivities
|
238794 | USD |
nog |
Total Capitalized Costs Oil And Gas Producing Activities
TotalCapitalizedCostsOilAndGasProducingActivities
|
756206 | USD | |
CY2018Q3 | nog |
Total Capitalized Costs Oil And Gas Producing Activities
TotalCapitalizedCostsOilAndGasProducingActivities
|
299144 | USD |
nog |
Total Capitalized Costs Oil And Gas Producing Activities
TotalCapitalizedCostsOilAndGasProducingActivities
|
725310 | USD | |
CY2017Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
46851682 | USD |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
2900000 | USD | |
CY2017Q4 | nog |
Unproven Leasehold Interests
UnprovenLeaseholdInterests
|
14377 | acre |
CY2018Q3 | nog |
Unproven Leasehold Interests
UnprovenLeaseholdInterests
|
7389 | acre |
CY2017Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
93152297 | USD |
CY2018Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
122279397 | USD |
CY2017Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
5600000 | USD |
CY2018Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
5200000 | USD |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
367845 | USD | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
198486 | USD | |
CY2017Q3 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1000000 | USD |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
2889416 | USD | |
CY2018Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
90476380 | USD |
CY2017Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
6339425 | USD |
CY2018Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
6334045 | USD |
CY2017Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
2114951189 | USD |
CY2018Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
2185892937 | USD |
CY2017Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
449666390 | USD |
CY2018Q3 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
1026052523 | USD |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
2339817 | USD | |
CY2018Q3 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1100000 | USD |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
3771986 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
3800000 | USD | |
CY2017Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1838101 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
760782 | shares | |
CY2018Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
617429 | shares | |
CY2017Q4 | us-gaap |
Asset Retirement Obligation Current
AssetRetirementObligationCurrent
|
565521 | USD |
CY2018Q3 | us-gaap |
Asset Retirement Obligation Current
AssetRetirementObligationCurrent
|
497129 | USD |
CY2017Q4 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
8562607 | USD |
CY2018Q3 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
10595758 | USD |
CY2017Q4 | us-gaap |
Assets
Assets
|
632253679 | USD |
CY2018Q3 | us-gaap |
Assets
Assets
|
1068949402 | USD |
CY2017Q4 | us-gaap |
Assets Current
AssetsCurrent
|
152758154 | USD |
CY2018Q3 | us-gaap |
Assets Current
AssetsCurrent
|
224740440 | USD |
us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
0 | USD | |
us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
0 | USD | |
CY2017Q4 | us-gaap |
Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
|
0 | USD |
CY2018Q3 | us-gaap |
Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
|
8334160 | USD |
CY2017Q4 | us-gaap |
Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
|
0 | USD |
CY2018Q3 | us-gaap |
Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
|
1018570 | USD |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
72352965 | USD | |
CY2017 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
85000000 | USD |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
108216107 | USD | |
CY2017Q4 | us-gaap |
Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
|
2585490133 | USD |
CY2018Q3 | us-gaap |
Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
|
3001638590 | USD |
CY2017Q4 | us-gaap |
Capitalized Costs Unproved Properties
CapitalizedCostsUnprovedProperties
|
1699344 | USD |
CY2018Q3 | us-gaap |
Capitalized Costs Unproved Properties
CapitalizedCostsUnprovedProperties
|
1236986 | USD |
CY2016Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
6486098 | USD |
CY2017Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
6776667 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
124888 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
9592581 | USD | |
CY2017Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
102183191 | USD |
us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
36417402 | USD | |
CY2018Q3 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
18160937 | USD |
CY2018Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
112965907 | USD |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
290569 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
10782716 | USD | |
CY2017Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2018Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2017Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2018Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2018Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2017Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
142500000 | shares |
CY2018Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
675000000 | shares |
CY2018Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
675000000 | shares |
CY2018Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
450000000 | shares |
CY2016Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
63259781 | shares |
CY2017Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
66791633 | shares |
CY2018Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
334209986 | shares |
CY2017Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
66792 | USD |
CY2018Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
334210 | USD |
CY2017Q3 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
12605513 | USD |
us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
45198281 | USD | |
CY2017Q3 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
0 | USD |
us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
0 | USD | |
CY2018Q3 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
0 | USD |
us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
0 | USD | |
CY2017Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
1000000000 | USD |
CY2018Q3 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
807091000 | USD |
CY2018Q3 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.08 | |
CY2017Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
|
1197954 | USD |
CY2018Q3 | us-gaap |
Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
|
137064 | USD |
CY2017Q3 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-5461000 | USD |
us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
5188000 | USD | |
CY2018Q3 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
3812000 | USD |
us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-14748000 | USD | |
CY2017Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
19477824 | USD |
CY2018Q3 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
17425889 | USD |
CY2017Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
785000 | USD |
CY2018Q3 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
785000 | USD |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
0 | USD | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
0 | USD | |
CY2017Q3 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-492000 | USD |
us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
468000 | USD | |
CY2018Q3 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
840000 | USD |
us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-3251000 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD | |
CY2018Q3 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
245000000 | USD |
CY2017Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
39101 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
227000000 | USD |
CY2018Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
29651 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
96837 | USD | |
CY2017Q4 | us-gaap |
Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
|
0 | USD |
CY2018Q3 | us-gaap |
Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
|
3158902 | USD |
CY2017Q4 | us-gaap |
Derivative Assets
DerivativeAssets
|
0 | USD |
CY2018Q3 | us-gaap |
Derivative Assets
DerivativeAssets
|
3158902 | USD |
CY2017Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
0 | USD |
CY2018Q3 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
3158902 | USD |
CY2017Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
|
0 | USD |
CY2018Q3 | us-gaap |
Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
|
0 | USD |
CY2017Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
30178820 | USD |
CY2018Q3 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
105640437 | USD |
CY2017Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
|
30178820 | USD |
CY2018Q3 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
|
102481535 | USD |
CY2017Q3 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-12663253 | USD |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
20810662 | USD | |
CY2018Q3 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-43148073 | USD |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-105622312 | USD | |
CY2017Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
30178820 | USD |
CY2018Q3 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
105640437 | USD |
CY2017Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
18681891 | USD |
CY2018Q3 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
61637192 | USD |
CY2017Q4 | us-gaap |
Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
|
0 | USD |
CY2018Q3 | us-gaap |
Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
|
3158902 | USD |
CY2017Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.26 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.24 | ||
CY2018Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.06 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.40 | ||
CY2017Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.26 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.24 | ||
CY2018Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.06 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.40 | ||
CY2017Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
0 | USD |
CY2018Q3 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
15644000 | USD |
CY2017Q3 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
0 | USD |
us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
0 | USD | |
CY2018Q3 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
13062852 | USD |
us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
13062852 | USD | |
CY2017Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | USD |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | USD | |
CY2018Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-9542206 | USD |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-100375181 | USD | |
CY2017Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
7985719 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
15911802 | USD | |
CY2018Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
4674467 | USD |
CY2017Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
CY2017Q3 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | USD |
us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | USD | |
CY2018Q3 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | USD |
us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | USD | |
CY2017Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-16087467 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
14654917 | USD | |
CY2018Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
18978573 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-74603028 | USD | |
CY2018Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | USD | |
CY2017Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
785016 | USD |
CY2018Q3 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
785016 | USD |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
3309686 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
4349154 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
2139695 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
43340645 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
1114681 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
47649 | USD | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
13971779 | USD | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
6127870 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
694545 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
3215785 | USD | |
CY2017Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
345372 | shares | |
CY2018Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1237922 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares | |
CY2017Q3 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
36919 | USD |
us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
108687 | USD | |
CY2018Q3 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
35017 | USD |
us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
108252 | USD | |
CY2017Q3 | us-gaap |
Interest Expense
InterestExpense
|
16672632 | USD |
us-gaap |
Interest Expense
InterestExpense
|
49404601 | USD | |
CY2018Q3 | us-gaap |
Interest Expense
InterestExpense
|
20438025 | USD |
us-gaap |
Interest Expense
InterestExpense
|
65948159 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
32192678 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
55849310 | USD | |
CY2017Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
4836112 | USD |
CY2018Q3 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
10266623 | USD |
CY2017Q4 | us-gaap |
Liabilities
Liabilities
|
1123094229 | USD |
CY2018Q3 | us-gaap |
Liabilities
Liabilities
|
1057739429 | USD |
CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
632253679 | USD |
CY2018Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1068949402 | USD |
CY2017Q4 | us-gaap |
Long Term Line Of Credit
LongTermLineOfCredit
|
979324222 | USD |
CY2017Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
123575246 | USD |
CY2018Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
215378909 | USD |
CY2017Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
979324222 | USD |
CY2018Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
789528047 | USD |
CY2018Q3 | us-gaap |
Long Term Line Of Credit
LongTermLineOfCredit
|
789528047 | USD |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
10155619 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
194456802 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-75446069 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-310090272 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
65581019 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
126416186 | USD | |
CY2017Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-16087467 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
14654917 | USD | |
CY2018Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
18978573 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-74603028 | USD | |
CY2017Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-16672448 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-49499191 | USD | |
CY2018Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-16617985 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-152422676 | USD | |
CY2017Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
41013678 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
108163284 | USD | |
CY2018Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
66672662 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
157908934 | USD | |
CY2017Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
584981 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
64154108 | USD | |
CY2018Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
35596558 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
77819648 | USD | |
CY2017Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
5490934 | USD |
CY2018Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
5443131 | USD |
CY2017Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
135225 | USD |
CY2018Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
112835 | USD |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-47826 | USD | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
111712 | USD | |
CY2017Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
184 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
545 | USD | |
CY2018Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
299394 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
837812 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
546989 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
414957 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
297392 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
6837922 | USD | |
us-gaap |
Payments To Acquire Oil And Gas Property
PaymentsToAcquireOilAndGasProperty
|
11039824 | USD | |
us-gaap |
Payments To Acquire Oil And Gas Property
PaymentsToAcquireOilAndGasProperty
|
125487059 | USD | |
us-gaap |
Payments To Acquire Oil And Gas Property And Equipment
PaymentsToAcquireOilAndGasPropertyAndEquipment
|
0 | USD | |
us-gaap |
Payments To Acquire Oil And Gas Property And Equipment
PaymentsToAcquireOilAndGasPropertyAndEquipment
|
20000000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
3954 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
86783 | USD | |
us-gaap |
Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
|
64573742 | USD | |
us-gaap |
Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
|
164584119 | USD | |
CY2017Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2018Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2018Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2017Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2018Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2018Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2017Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2018Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2017Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2018Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2017Q4 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
2333288 | USD |
CY2018Q3 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
17960647 | USD |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
141709681 | USD | |
us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
0 | USD | |
us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
60000000 | USD | |
us-gaap |
Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
|
171451 | USD | |
us-gaap |
Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
|
21689 | USD | |
us-gaap |
Proceeds From Sale Of Other Property Plant And Equipment
ProceedsFromSaleOfOtherPropertyPlantAndEquipment
|
0 | USD | |
us-gaap |
Proceeds From Sale Of Other Property Plant And Equipment
ProceedsFromSaleOfOtherPropertyPlantAndEquipment
|
46000 | USD | |
CY2017Q3 | us-gaap |
Production Tax Expense
ProductionTaxExpense
|
5064761 | USD |
us-gaap |
Production Tax Expense
ProductionTaxExpense
|
13965800 | USD | |
CY2018Q3 | us-gaap |
Production Tax Expense
ProductionTaxExpense
|
13579169 | USD |
us-gaap |
Production Tax Expense
ProductionTaxExpense
|
31633326 | USD | |
CY2017Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
2588170780 | USD |
CY2018Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
3003873768 | USD |
CY2017Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
473219591 | USD |
CY2018Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
817980831 | USD |
CY2017Q4 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
981303 | USD |
CY2018Q3 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
998192 | USD |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
19000000 | USD | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
0 | USD | |
CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-940573732 | USD |
CY2018Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-1015176760 | USD |
CY2017Q3 | us-gaap |
Revenues
Revenues
|
41598659 | USD |
us-gaap |
Revenues
Revenues
|
172317392 | USD | |
CY2018Q3 | us-gaap |
Revenues
Revenues
|
102269220 | USD |
us-gaap |
Revenues
Revenues
|
235728582 | USD | |
CY2018Q2 | us-gaap |
Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
|
58700000 | shares |
CY2018Q2 | us-gaap |
Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
|
58666667 | shares |
CY2018Q2 | us-gaap |
Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
|
3600000 | shares |
CY2018Q2 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
1.5 | |
CY2018Q2 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
1.5 | |
CY2017Q4 | us-gaap |
Security Deposit
SecurityDeposit
|
0 | USD |
CY2018Q3 | us-gaap |
Security Deposit
SecurityDeposit
|
20000000 | USD |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5265868 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2092421 | USD | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
0 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
0 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
0 | shares | |
CY2018Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.00 | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.00 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
0.00 | ||
CY2017Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
250000 | shares |
CY2018Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
0 | shares |
CY2017Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
2.79 | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
0.00 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0.00 | ||
CY2017 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P1Y | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P0Y | ||
us-gaap |
Stock Issued1
StockIssued1
|
0 | USD | |
us-gaap |
Stock Issued1
StockIssued1
|
326783302 | USD | |
CY2017 | us-gaap |
Stock Issued During Period Shares Acquisitions
StockIssuedDuringPeriodSharesAcquisitions
|
0 | shares |
us-gaap |
Stock Issued During Period Shares Acquisitions
StockIssuedDuringPeriodSharesAcquisitions
|
32253578 | shares | |
CY2017 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
0 | shares |
us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
96926019 | shares | |
CY2017 | us-gaap |
Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
|
108993 | shares |
us-gaap |
Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
|
910086 | shares | |
CY2017 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
|
911355 | shares |
us-gaap |
Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
|
3195302 | shares | |
CY2017 | us-gaap |
Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
|
0 | shares |
us-gaap |
Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
|
62500 | shares | |
CY2018Q3 | us-gaap |
Stock Issued During Period Shares Share Based Compensation Forfeited
StockIssuedDuringPeriodSharesShareBasedCompensationForfeited
|
187500 | shares |
CY2017 | us-gaap |
Stock Issued During Period Shares Share Based Compensation Forfeited
StockIssuedDuringPeriodSharesShareBasedCompensationForfeited
|
270510 | shares |
us-gaap |
Stock Issued During Period Shares Share Based Compensation Forfeited
StockIssuedDuringPeriodSharesShareBasedCompensationForfeited
|
172759 | shares | |
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
62500 | shares | |
us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
105517307 | USD | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
141709681 | USD | |
us-gaap |
Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
|
910 | USD | |
us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
3195 | USD | |
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
0 | USD | |
CY2011Q2 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
150000000 | USD |
CY2017Q3 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
0 | shares |
us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
0 | shares | |
CY2018Q3 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
0 | shares |
us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
0 | shares | |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-490840550 | USD |
CY2018Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
11209973 | USD |
CY2017Q3 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-16058370 | USD |
us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
15170174 | USD | |
CY2018Q3 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-30225470 | USD |
us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-72302715 | USD | |
CY2017Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | USD |
CY2018Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | USD |
CY2017Q4 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
0 | USD |
CY2018Q3 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
0 | USD |
CY2017Q3 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
|
0 | USD |
us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
|
0 | USD | |
CY2018Q3 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
|
0 | USD |
us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
|
0 | USD | |
CY2017Q3 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
-5953000 | USD |
us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
5656000 | USD | |
CY2018Q3 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
4652000 | USD |
us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
-17999000 | USD | |
CY2017Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
61843377 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
61991292 | shares | |
CY2018Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
301755419 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
188152998 | shares | |
CY2017Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
61843377 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
61645920 | shares | |
CY2018Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
300517497 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
188152998 | shares | |
CY2017Q3 | us-gaap |
Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
|
0 | USD |
us-gaap |
Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
|
95135 | USD | |
CY2018Q3 | us-gaap |
Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
|
0 | USD |
us-gaap |
Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
|
0 | USD | |
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Concentrations of Market and Credit Risk</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The future results of the Company’s crude oil and natural gas operations will be affected by the market prices of crude oil and natural gas.  The availability of a ready market for crude oil and natural gas products in the future will depend on numerous factors beyond the control of the Company, including weather, imports, marketing of competitive fuels, proximity and capacity of crude oil and natural gas pipelines and other transportation facilities, any oversupply or undersupply of crude oil, natural gas and liquid products, the regulatory environment, the economic environment, and other regional and political events, none of which can be predicted with certainty.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company operates in the exploration, development and production sector of the crude oil and natural gas industry.  The Company’s receivables include amounts due from purchasers of its crude oil and natural gas production.  While certain of these customers are affected by periodic downturns in the economy in general or in their specific segment of the crude oil or natural gas industry, the Company believes that its level of credit-related losses due to such economic fluctuations have been immaterial.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company manages and controls market and counterparty credit risk.  In the normal course of business, collateral is not required for financial instruments with credit risk.  Financial instruments which potentially subject the Company to credit risk consist principally of temporary cash balances and derivative financial instruments.  The Company maintains cash and cash equivalents in bank deposit accounts which, at times, may exceed the federally insured limits.  The Company has not experienced any significant losses from such investments.  The Company attempts to limit the amount of credit exposure to any one financial institution or company.  The Company believes the credit quality of its counterparties is generally high.  In the normal course of business, letters of credit or parent guarantees may be required for counterparties which management perceives to have a higher credit risk.</font></div></div> | ||
us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">ORGANIZATION AND NATURE OF BUSINESS</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Northern Oil and Gas, Inc. (the “Company,” “Northern,” “our” and words of similar import), a Delaware corporation, is an independent energy company engaged in the acquisition, exploration, exploitation, development and production of crude oil and natural gas properties.  The Company’s common stock trades on the NYSE American market under the symbol “NOG”.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Northern’s principal business is crude oil and natural gas exploration, development, and production with operations in North Dakota and Montana that primarily target the Bakken and Three Forks formations in the Williston Basin of the United States.  The Company acquires leasehold interests that comprise of non-operated working interests in wells and in drilling projects within its area of operations.</font></div></div> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Use of Estimates</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements under GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.  The most significant estimates relate to proved crude oil and natural gas reserve volumes, future development costs, estimates relating to certain crude oil and natural gas revenues and expenses, fair value of derivative instruments, impairment of oil and natural gas properties, and deferred income taxes.  Actual results may differ from those estimates.</font></div></div> |