Quarterly report pursuant to Section 13 or 15(d)

Sale of Piceance and Arkoma Properties - Discontinued Operations (Tables)

v2.4.0.8
Sale of Piceance and Arkoma Properties - Discontinued Operations (Tables)
9 Months Ended
Sep. 30, 2013
Sale of Piceance and Arkoma Properties - Discontinued Operations  
Schedule of results of operations for the Piceance Basin and Arkoma Basin assets shown as discontinued operations on the accompanying Consolidated Statement of Operations and Comprehensive Income (Loss)

Results of operations for the three months and nine months ended September 30, 2012 for the Piceance Basin and Arkoma Basin assets are shown as discontinued operations on the accompanying Consolidated Statement of Operations and Comprehensive Income (Loss) and are comprised of the following (in thousands):

 

 

 

Three months

 

Nine months

 

 

 

Ended

 

ended

 

 

 

September 30, 2012

 

September 30, 2012

 

Sales of oil, natural gas, and natural gas liquids

 

$

22,690

 

105,096

 

Commodity derivative fair value gains (losses)

 

(18,880

)

46,358

 

Total revenues

 

3,810

 

151,454

 

Lease operating expenses

 

2,430

 

16,395

 

Gathering, compression, and transportation

 

7,685

 

38,210

 

Production taxes

 

1,776

 

4,874

 

Exploration expenses

 

95

 

507

 

Impairment of unproved properties

 

(31

)

962

 

Depletion, depreciation, and amortization

 

14,197

 

77,344

 

Accretion of asset retirement obligations

 

91

 

310

 

Loss on sale of discontinued operations

 

 

427,232

 

Total expenses

 

26,243

 

565,834

 

Loss from discontinued operations before income taxes

 

(22,433

)

(414,380

)

Income tax (expense) benefit

 

8,642

 

(4,085

)

Net loss from discontinued operations attributable to Antero equity owners

 

$

(13,791

)

(418,465

)