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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 613,534 $ 80,171
Restricted cash 2,517 58,715
Joint interest and other receivables 167,573 211,308
Other current assets 23,149 134,434
Short-term investments 340,418 1,185,335
Total current assets 1,147,191 1,669,963
Oil and natural gas properties, net of accumulated depletion of $20,204 and $0 as of December 31, 2016 and 2015, respectively 1,078,885 2,359,033
Other property, net of accumulated depreciation and amortization of $8,426 and $12,859, as of December 31, 2016 and 2015, respectively 3,902 12,309
Other assets 500 19,914
Total assets 2,230,478 4,061,219
Current liabilities:    
Trade and other accounts payable 36,954 6,945
Accrued liabilities 227,418 369,692
Accrued contract amendment costs 19,582  
Angolan preliminary consideration 250,000 250,000
Total current liabilities 533,954 626,637
Long-term debt 2,479,349 1,981,895
Long-term derivative liabilities 50,123  
Asset retirement obligations 6,523 3,167
Other long-term liabilities 1,863 3,383
Commitments and contingencies
Stockholders' Equity:    
Common stock, $0.01 par value per share; 2,000,000,000 shares authorized, 441,210,817 and 408,740,182 issued and outstanding as of December 31, 2016 and 2015, respectively 4,412 4,088
Additional paid-in capital 4,219,611 4,164,097
Accumulated deficit (5,065,357) (2,722,048)
Total stockholders' equity (841,334) 1,446,137
Total liabilities and stockholders' equity $ 2,230,478 $ 4,061,219