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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Statement of Financial Position [Abstract]    
Deferred gain on sale of property, current $ 0 $ 4,830
Current assets    
Cash 212,884 16,732
Restricted cash 1,258 44,357
Accounts receivable    
Oil and natural gas revenues 34,154 16,616
Joint interest billings 19,347 16,999
Other 5,167 10,794
Derivative instruments 0 16,284
Lease and well equipment inventory 3,045 2,022
Prepaid expenses and other assets 3,327 3,203
Total current assets 279,182 127,007
Oil and natural gas properties, full-cost method    
Evaluated 2,408,305 2,122,174
Unproved and unevaluated 479,736 387,504
Other property and equipment 160,795 86,387
Less accumulated depletion, depreciation and amortization (1,864,311) (1,583,659)
Net property and equipment 1,184,525 1,012,406
Other assets    
Other assets 958 1,448
Total assets 1,464,665 1,140,861
Current liabilities    
Accounts payable 4,674 10,966
Accrued liabilities 101,460 92,369
Royalties payable 23,988 16,493
Amounts due to affiliates 8,651 5,670
Derivative instruments 24,203 0
Advances from joint interest owners 1,700 700
Amounts due to joint ventures 4,251 2,793
Income taxes payable 0 2,848
Other current liabilities 578 161
Total current liabilities 169,505 136,830
Long-term liabilities    
Borrowings under Credit Agreement 0  
Senior unsecured notes payable 573,924 391,254
Asset retirement obligations 19,725 15,166
Derivative instruments 751 0
Amounts due to joint ventures 1,771 3,956
Deferred gain on sale of property, non-current 0 102,506
Other long-term liabilities 7,544 2,190
Total long-term liabilities 603,715 515,072
Commitments and contingencies (Note 13)
Shareholders' equity    
Common stock — $0.01 par value, 120,000,000 shares authorized; 99,518,764 and 85,567,021 shares issued; and 99,511,931 and 85,564,435 shares outstanding, respectively 995 856
Additional paid-in capital 1,325,481 1,026,077
Accumulated deficit (636,351) (538,930)
Total shareholders' equity 690,125 488,003
Non-controlling interest in subsidiaries 1,320 956
Total shareholders’ equity 691,445 488,959
Total liabilities and shareholders’ equity $ 1,464,665 $ 1,140,861