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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 2,812 $ 23,153
Accrued production receivable 100,413 181,761
Trade and other receivables, net 87,093 156,955
Derivative assets 142,846 440,359
Deferred tax assets, net 1,539 0
Other current assets 10,005 10,452
Total current assets 344,708 812,680
Oil and natural gas properties (using full cost accounting)    
Proved properties 10,245,195 9,782,337
Unevaluated properties 894,948 918,406
CO2 properties 1,187,458 1,162,538
Pipelines and plants 2,293,219 2,269,564
Other property and equipment 408,194 468,051
Less accumulated depletion, depreciation, amortization and impairment (9,653,205) (4,248,652)
Net property and equipment 5,375,809 10,352,244
Derivative assets 0 66,187
Goodwill 0 1,283,590
Other assets 199,307 213,101
Total assets 5,919,824 12,727,802
Current liabilities    
Accounts payable and accrued liabilities 253,197 394,758
Oil and gas production payable 87,337 128,170
Deferred tax liabilities 0 81,727
Current maturities of long-term debt 32,481 35,470
Total current liabilities 373,015 640,125
Long-term liabilities    
Long-term debt, net of current portion 3,277,866 3,535,900
Asset retirement obligations 138,919 126,411
Deferred tax liabilities, net 853,628 2,694,842
Other liabilities 27,484 26,668
Total long-term liabilities $ 4,297,897 $ 6,383,821
Commitments and contingencies (Note 10)
Stockholders' equity    
Preferred stock, $.001 par value, 25,000,000 shares authorized, none issued and outstanding $ 0 $ 0
Common stock, $.001 par value, 600,000,000 shares authorized; 354,541,626 and 411,779,911 shares issued, respectively 355 412
Paid-in capital in excess of par 2,353,549 3,230,418
Retained earnings (accumulated deficit) (1,058,954) 3,392,465
Accumulated other comprehensive loss 0 (209)
Treasury stock, at cost, 3,124,311 and 58,415,507 shares, respectively (46,038) (919,230)
Total stockholders' equity 1,248,912 5,703,856
Total liabilities and stockholders' equity $ 5,919,824 $ 12,727,802