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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current Assets:    
Cash and cash equivalents $ 17,782 $ 16,631
Restricted cash 1,573 1,638
Oil and gas revenue receivable 69,638 86,487
Joint interest billing and other receivables 20,603 16,616
Derivative assets 25,118 16,865
Income tax receivable 6,431 10,091
Inventory 18,962 13,450
Other current assets 4,161 5,647
Total current assets 164,268 167,425
Oil and gas properties, net, using the full cost method of accounting:    
Proven 1,415,948 1,325,068
Property, plant and equipment, net 10,215 9,569
Other assets 14,959 10,920
Total assets 1,605,390 1,512,982
Current liabilities:    
Accounts payable 54,688 59,951
Accrued liabilities 72,628 80,268
Production taxes payable 74,974 51,352
Interest payable 41,578 24,406
Derivative liabilities 21,036  
Capital cost accrual 24,434 32,513
Total current liabilities 289,338 248,490
Long-term debt 2,118,515 2,116,211
Deferred gain on sale of liquids gathering system 102,551 105,189
Other long-term obligations 191,721 197,728
Total liabilities 2,702,125 2,667,618
Commitments and contingencies (Note 9)
Shareholders' equity:    
Common stock - no par value; authorized - unlimited; issued and outstanding - 197,053,583 and 196,346,736 at March 31, 2018 and December 31, 2017, respectively 2,126,727 2,116,018
Treasury stock (49) (49)
Retained loss (3,223,413) (3,270,605)
Total shareholders' deficit (1,096,735) (1,154,636)
Total liabilities and shareholders' equity $ 1,605,390 $ 1,512,982