Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 61,609 $ 652,993
Accounts receivable 81,973 69,783
Fair value of derivatives 3,333 103
Other current assets 2,583 2,247
Total current assets 149,498 725,126
Oil and natural gas properties, full cost accounting method:    
Evaluated properties 3,283,985 2,754,353
Less accumulated depreciation, depletion, amortization and impairment (2,026,809) (1,947,673)
Net evaluated oil and natural gas properties 1,257,176 806,680
Unevaluated properties 1,173,614 668,721
Total oil and natural gas properties 2,430,790 1,475,401
Other property and equipment, net 18,626 14,114
Restricted investments 3,362 3,332
Deferred financing costs 5,209 3,092
Fair value of derivatives 1,121 0
Acquisition deposit 0 46,138
Prepaid 4,650 0
Other assets, net 827 384
Total assets 2,614,083 2,267,587
Current liabilities:    
Accounts payable and accrued liabilities 147,338 95,577
Accrued interest 18,375 6,057
Cash-settleable restricted stock unit awards 4,158 8,919
Asset retirement obligations 1,841 2,729
Fair value of derivatives 6,380 18,268
Total current liabilities 178,092 131,550
Senior secured revolving credit facility 0 0
6.125% senior unsecured notes due 2024, net of unamortized deferred financing costs 595,115 390,219
Asset retirement obligations 3,163 3,932
Cash-settleable restricted stock unit awards 2,626 8,071
Deferred tax liability 1,158 90
Fair value of derivatives 659 28
Other long-term liabilities 405 295
Total liabilities 781,218 534,185
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, series A cumulative, $0.01 par value and $50.00 liquidation preference, 2,500,000 shares authorized; 1,458,948 shares outstanding 15 15
Common stock, $0.01 par value, 300,000,000 shares authorized; 201,827,995 and 201,041,320 shares outstanding, respectively 2,018 2,010
Capital in excess of par value 2,179,258 2,171,514
Accumulated deficit (348,426) (440,137)
Total stockholders’ equity 1,832,865 1,733,402
Total liabilities and stockholders’ equity $ 2,614,083 $ 2,267,587