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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 6,571 $ 1,664
Restricted cash 1,926 1,777
Oil and gas revenue receivable and other receivables, net of allowances $11,967 42,453 78,321
Derivative assets 44,261 32,100
Income tax receivable   881
Other current assets 7,911 10,746
Total current assets 103,122 125,489
Oil and gas properties, net, using the full cost method of accounting:    
Proven, net of accumulated depletion, depreciation, amortization and impairments 1,266,743 1,552,419
Property, plant and equipment, net 8,435 9,779
Long-term right-of-use assets 116,579 119,496
Other assets 5,779 8,093
Total assets 1,500,658 1,815,276
Current liabilities:    
Accounts payable 9,314 13,570
Accrued liabilities 41,885 44,480
Production taxes payable 72,088 53,428
Current portion of long-term debt    
Credit facility   64,700
Long-term debt 1,928,528 1,928,048
Add: Premium on exchange transactions 193,237 203,883
Less: Unamortized deferred financing costs and discount (43,730) (46,421)
Total current portion of long-term debt, net 2,078,035 2,150,210
Interest payable 23,390 29,903
Lease liabilities 12,166 11,938
Derivative liabilities 4,866 20,692
Total current liabilities 2,241,744 2,324,221
Long-term lease liabilities 104,447 107,587
Asset retirement obligations 197,482 193,995
Other long-term obligations 18,181 34,287
Total liabilities 2,561,854 2,660,090
Commitments and contingencies (Note 11)
Shareholders' equity:    
Common stock - As of March 31, 2020 and December 31, 2019, no par value; authorized - unlimited; issued and outstanding - 199,310,216 and 197,888,473, respectively 2,141,751 2,140,520
Treasury stock (49) (49)
Retained loss (3,202,898) (2,985,285)
Total shareholders' deficit (1,061,196) (844,814)
Total liabilities and shareholders' equity $ 1,500,658 $ 1,815,276