Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.5.0.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 325,885 $ 1,224
Accounts receivable 56,172 39,624
Fair value of derivatives 3,502 19,943
Other current assets 1,712 1,461
Total current assets 387,271 62,252
Oil and natural gas properties, full-cost accounting method:    
Evaluated properties 2,593,798 2,335,223
Less accumulated depreciation, depletion, amortization and impairment (1,901,102) (1,756,018)
Net oil and natural gas properties 692,696 579,205
Unevaluated properties 393,875 132,181
Total oil and natural gas properties 1,086,571 711,386
Other property and equipment, net 12,816 7,700
Restricted investments 3,329 3,309
Deferred financing costs 3,431 3,642
Fair value of derivatives 57  
Acquisition deposit 32,700  
Other assets, net 1,429 305
Total assets 1,527,604 788,594
Current liabilities:    
Accounts payable and accrued liabilities 99,026 70,970
Accrued interest 5,950 5,989
Cash-settleable restricted stock unit awards 8,269 10,128
Asset retirement obligations 3,529 790
Deferred tax liability 42  
Fair value of derivatives 7,786  
Total current liabilities 124,602 87,877
Senior secured revolving credit facility   40,000
Secured second lien term loan, net of unamortized deferred financing costs 290,085 288,565
Asset retirement obligations 1,934 4,317
Cash-settleable restricted stock unit awards 7,042 4,877
Fair value of derivatives 2,936  
Other long-term liabilities 286 200
Total liabilities 426,885 425,836
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, 300,000,000 and 150,000,000 shares authorized, respectively; 161,036,233 and 80,087,148 shares outstanding, respectively 1,610 801
Capital in excess of par value 1,535,661 702,970
Accumulated deficit (436,567) (341,029)
Total stockholders' equity 1,100,719 362,758
Total liabilities and stockholders' equity $ 1,527,604 $ 788,594