XML 14 R3.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current Assets:    
Cash on hand $ 479,978 $ 401,478
Restricted cash 3,646 3,571
Oil and gas revenue receivable 63,677 79,179
Joint interest billing and other receivables 11,430 10,781
Deposits and retainers 12,955 13,359
Derivative assets 14 0
Income tax receivable 0 2,099
Inventory 7,413 4,906
Other current assets 5,661 6,020
Total current assets 584,774 521,393
Oil and gas properties, net, using the full cost method of accounting:    
Proven 1,072,920 1,010,466
Property, plant and equipment, net 7,555 7,695
Other 33,780 1,374
Total assets 1,699,029 1,540,928
Current liabilities:    
Accounts payable 51,157 28,171
Accrued liabilities 114,912 53,348
Production taxes payable 62,841 44,329
Derivative liabilities 13,232 0
Capital cost accrual 11,441 12,360
Total current liabilities 253,583 138,208
Deferred gain on sale of liquids gathering system 113,104 115,742
Other long-term obligations 172,959 177,088
Total liabilities not subject to compromise 539,646 431,038
Liabilities subject to compromise 4,176,065 4,038,041
Commitments and contingencies
Shareholders' equity:    
Common stock - no par value; authorized - unlimited; issued and outstanding - 80,023,636 and 80,017,020 at March 31, 2017 and December 31, 2016, respectively 511,275 510,063
Treasury stock (49) (49)
Retained loss (3,527,908) (3,438,165)
Total shareholders' deficit (3,016,682) (2,928,151)
Total liabilities and shareholders' equity $ 1,699,029 $ 1,540,928