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Consolidated balance sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 27,732  
Accounts receivable, net 60,363  
Inventories, net 5,138  
Prepaid expenses 2,661  
Total current assets 95,894  
Property and equipment, net 50,641  
Oil and natural gas properties, using the full cost method:    
Proved 634,294  
Unevaluated (excluded from the amortization base) 482,239  
Accumulated depreciation, depletion, amortization and impairment (124,180)  
Total oil and natural gas properties 992,353  
Other assets 418  
Total assets 1,139,306  
Current liabilities:    
Accounts payable and accrued liabilities 75,414  
Accrued payroll and benefits payable 11,276  
Accrued interest payable 187  
Revenue distribution payable 17,966  
Long-term debt and capital leases, classified as current 3,273  
Derivative instruments 8,959  
Total current liabilities 117,075  
Long-term debt and capital leases, less current maturities 141,386  
Derivative instruments 4,167  
Deferred compensation 696  
Asset retirement obligations 33,216  
Liabilities subject to compromise 0  
Commitments and contingencies (Note 16)  
Stockholders’ equity (deficit):    
Preferred stock 0  
Additional paid in capital 961,200  
Accumulated deficit (118,902)  
Total stockholders' equity (deficit) 842,766  
Total liabilities and stockholders' equity (deficit) 1,139,306  
Common Class A    
Stockholders’ equity (deficit):    
Common stock 389  
Common Class B    
Stockholders’ equity (deficit):    
Common stock $ 79  
Predecessor    
Current assets:    
Cash and cash equivalents   $ 186,480
Accounts receivable, net   46,226
Inventories, net   7,351
Prepaid expenses   3,886
Total current assets   243,943
Property and equipment, net   41,347
Oil and natural gas properties, using the full cost method:    
Proved   4,323,964
Unevaluated (excluded from the amortization base)   20,353
Accumulated depreciation, depletion, amortization and impairment   (3,789,133)
Total oil and natural gas properties   555,184
Other assets   5,513
Total assets   845,987
Current liabilities:    
Accounts payable and accrued liabilities   42,442
Accrued payroll and benefits payable   3,459
Accrued interest payable   732
Revenue distribution payable   9,426
Long-term debt and capital leases, classified as current [1]   469,112
Derivative instruments   7,525
Total current liabilities   532,696
Long-term debt and capital leases, less current maturities   0
Derivative instruments   5,844
Deferred compensation   0
Asset retirement obligations   65,456
Liabilities subject to compromise   1,284,144
Commitments and contingencies (Note 16)  
Stockholders’ equity (deficit):    
Preferred stock   0
Additional paid in capital   425,231
Accumulated deficit   (1,467,398)
Total stockholders' equity (deficit)   (1,042,153)
Total liabilities and stockholders' equity (deficit)   845,987
Predecessor | Common Class A    
Stockholders’ equity (deficit):    
Common stock   4
Predecessor | Common Class B    
Stockholders’ equity (deficit):    
Common stock   3
Predecessor | Common Class C    
Stockholders’ equity (deficit):    
Common stock   2
Predecessor | Common Class E    
Stockholders’ equity (deficit):    
Common stock   5
Predecessor | Common Class F    
Stockholders’ equity (deficit):    
Common stock   0
Predecessor | Common Class G    
Stockholders’ equity (deficit):    
Common stock   $ 0
[1] Senior Notes have not been included in this table as they were classified as “Liabilities subject to compromise” at December 31, 2016. Additionally, as a result of certain debt defaults which occurred in early 2016 and remained uncured during the pendency of the Chapter 11 Cases, all outstanding long-term debt was classified as current at December 31, 2016