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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
CURRENT ASSETS    
Cash and cash equivalents $ 201,229 $ 184,405
Accounts receivable 43,638 27,476
Assets held for sale 468 21,971
Other current assets 4,295 35,532
Total current assets 249,630 269,384
Oil and natural gas properties, successful efforts method:    
Unproved properties 526,270 720,159
Proved oil and gas properties, net 414,482 265,838
Other property and equipment, net 6,748 7,971
Total property and equipment, net 947,500 993,968
OTHER NONCURRENT ASSETS    
Other assets 729 2,520
Deferred taxes   540
TOTAL ASSETS 1,197,859 1,266,412
CURRENT LIABILITIES    
Accounts payable 44,049 34,717
Accrued capital expenditures 11,083 10,956
Accrued liabilities 64,150 25,462
Accrued interest payable 21,098 23,809
Liabilities held for sale 245 18,898
Total current liabilities 140,625 113,842
NONCURRENT LIABILITIES    
Debt, net of unamortized discount and debt issuance costs 492,278 527,248
Asset retirement obligations 4,806 3,401
Other liabilities 13,434 1,367
Total liabilities 651,143 645,858
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Preferred stock, 50,000,000 authorized, no shares issued and outstanding
Common stock, $0.01 par value, 1,000,000,000 authorized, 260,591,893 and 222,674,270 shares issued and outstanding, respectively 2,607 2,227
Additional paid in capital 1,958,731 1,829,082
Treasury stock, shares at cost; 72,704 shares at December 31, 2016 (61)  
Accumulated deficit (1,414,561) (1,210,755)
Total stockholders' equity 546,716 620,554
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,197,859 $ 1,266,412