XML 23 R2.htm IDEA: XBRL DOCUMENT v3.6.0.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
ASSETS    
Cash and cash equivalents $ 9,372 $ 18
Accounts receivable 151,950 134,124
Derivative asset 54,521 367,710
Prepaid expenses and other 8,799 17,137
Total current assets 224,642 518,989
Proved oil and gas properties 5,700,418 7,606,405
Less - accumulated depletion, depreciation, and amortization (2,836,532) (3,481,836)
Unproved oil and gas properties 2,471,947 284,538
Wells in Progress 235,147 387,432
Oil and gas properties held for sale, net 372,621 641
Other property and equipment, net of accumulated depreciation of $42,882 and $32,956, respectively 137,753 153,100
Total property and equipment, net 6,081,354 4,950,280
Derivative asset 67,575 120,701
Other noncurrent assets 19,940 31,673
Total other noncurrent assets 87,515 152,374
Total Assets 6,393,511 5,621,643
LIABILITIES    
Accounts payable and accrued expenses 299,708 302,517
Derivative liability 115,464 8
Total current liabilities 415,172 302,525
Revolving credit facility 0 202,000
Senior Notes, net of unamortized deferred financing costs 2,766,719 2,315,970
Senior Convertible Notes, net of unamortized discount and deferred financing costs 130,856 0
Asset retirement obligation 96,134 137,284
Asset retirement obligations associated with oil and gas properties held for sale 26,241 241
Deferred income taxes 315,672 758,279
Derivative liability 98,340 0
Other noncurrent liabilities 47,244 52,943
Total noncurrent liabilities 3,481,206 3,466,717
Commitments and contingencies (note 6)
STOCKHOLDERS' EQUITY    
Common stock, $0.01 par value - authorized: 200,000,000 shares; issued and outstanding: 111,257,500 and 68,075,700 shares, respectively 1,113 681
Additional paid-in capital 1,716,556 305,607
Retained earnings 794,020 1,559,515
Accumulated other comprehensive loss (14,556) (13,402)
Total stockholders' equity 2,497,133 1,852,401
Total Liabilities and Stockholders' Equity $ 6,393,511 $ 5,621,643