Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.5.0.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 207 $ 1,224
Accounts receivable 44,460 39,624
Fair value of derivatives 5,537 19,943
Other current assets 1,766 1,461
Total current assets 51,970 62,252
Oil and natural gas properties, full-cost accounting method:    
Evaluated properties 2,530,978 2,335,223
Less accumulated depreciation, depletion, amortization and impairment (1,883,806) (1,756,018)
Net oil and natural gas properties 647,172 579,205
Unevaluated properties 379,605 132,181
Total oil and natural gas properties 1,026,777 711,386
Other property and equipment, net 9,971 7,700
Restricted investments 3,323 3,309
Deferred financing costs 3,076 3,642
Fair value of derivatives 60  
Other assets, net 413 305
Total assets 1,095,590 788,594
Current liabilities:    
Accounts payable and accrued liabilities 71,960 70,970
Accrued interest 6,258 5,989
Cash-settleable restricted stock unit awards 5,168 10,128
Asset retirement obligations 3,933 790
Fair value of derivatives 7,491  
Total current liabilities 94,810 87,877
Senior secured revolving credit facility 40,000 40,000
Secured second lien term loan, net of unamortized deferred financing costs 289,559 288,565
Asset retirement obligations 2,164 4,317
Cash-settleable restricted stock unit awards 4,141 4,877
Fair value of derivatives 6,313  
Other long-term liabilities 286 200
Total liabilities 437,273 425,836
Stockholders' equity:    
Preferred stock, series A cumulative, $0.01 par value and $50.00 liquidation preference, 2,500,000 shares authorized: 1,458,948 and 1,578,948 shares outstanding, respectively 15 16
Common stock, $0.01 par value, 150,000,000 shares authorized, respectively; 131,090,644 and 80,087,148 shares outstanding, respectively 1,311 801
Capital in excess of par value 1,112,873 702,970
Accumulated deficit (455,882) (341,029)
Total stockholders' equity 658,317 362,758
Total liabilities and stockholders' equity $ 1,095,590 $ 788,594