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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current Assets:    
Cash and cash equivalents $ 5,419 $ 401,478
Restricted cash 401,697 3,571
Oil and gas revenue receivable 71,912 79,179
Joint interest billing and other receivables 19,082 10,781
Deposits and retainers 0 13,359
Derivative assets 4,153 0
Income tax receivable 6,886 2,099
Inventory 10,334 4,906
Other current assets 10,305 6,020
Total current assets 529,788 521,393
Oil and gas properties, net, using the full cost method of accounting:    
Proven 1,315,120 1,010,466
Property, plant and equipment, net 8,764 7,695
Other 8,460 1,374
Total assets 1,862,132 1,540,928
Current liabilities:    
Accounts payable 68,109 28,171
Accrued liabilities 303,063 53,348
Production taxes payable 63,336 44,329
Interest payable 219,739 0
Capital cost accrual 32,875 12,360
Total current liabilities 687,122 138,208
Long-term debt 2,134,014 0
Deferred gain on sale of liquids gathering system 107,827 115,742
Other long-term obligations 190,922 177,088
Total liabilities not subject to compromise 3,119,885 431,038
Liabilities subject to compromise 0 4,038,041
Commitments and contingencies (Note 8)
Shareholders' equity:    
Common stock - no par value; authorized - unlimited; issued and outstanding - 196,346,736 and 80,017,020 at September 30, 2017 and December 31, 2016, respectively 2,108,431 510,063
Treasury stock (49) (49)
Retained loss (3,366,135) (3,438,165)
Total shareholders' deficit (1,257,753) (2,928,151)
Total liabilities and shareholders' equity $ 1,862,132 $ 1,540,928