PostRock Energy Corporation announced unaudited consolidated earnings and production results for the first quarter ended March 31, 2015. For the quarter, the company reported total revenue of $21.803 million against $12.496 million a year ago. Operating income was $0.703 million against operating loss of $7.816 million a year ago. Loss before income taxes was $7.622 million against $6.376 million a year ago. Net loss was $7.622 million against $6.376 million a year ago. Diluted loss per share was $2.46 against $0.83 a year ago. Net cash flows from operating activities were $1.519 million against $5.568 million a year ago. Expenditures for equipment, development and leasehold were $4.430 million against $6.551 million a year ago. Capital expenditures totaled $1.9 million. EBITDA was $4.109 million against $5.264 million a year ago. Adjusted EBITDA was $6.121 million against $3.004 million a year ago.

For the quarter, the company reported production of total natural gas of 3,258 MMcf against 3,111 MMcf a year ago. Total crude oil production was 53,586 Bbls against 71,906 Bbls a year ago.

The company anticipates recording impairments of approximately $35 million in the second quarter of 2015.

The company anticipates recording impairments of approximately $25 million in the third quarter of 2015.

The company anticipates recording impairments of approximately $15 million in the fourth quarter of 2015.