Accounts Receivable, Accounts Payable and Accrued Expenses

3 Months Ended

Mar. 31, 2017

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Accounts Receivable, Accounts Payable and Accrued Expenses

Note 3—Accounts Receivable, Accounts Payable and Accrued Expenses

Accounts receivable are comprised of the following:

(in thousands)	March 31, 2017		December 31, 2016
Oil and natural gas sales	$	19,341	$	11,596
Joint interest billings	2,692		2,942
Hedge settlements	128		194
Due from Silverback	1,156		—
Other	5		2
Accounts receivable, net	$	23,322	$	14,734

Accounts payable and accrued expenses are comprised of the following:

(in thousands)	March 31, 2017		December 31, 2016
Accounts payable	$	20,660	$	11,210
Accrued capital expenditures	43,354		24,038
Revenues payable	5,539		3,815
Payable to Silverback	1,962		32,293
Accrued underwriting fees	—		7,719
Other	6,631		7,025
Accounts payable and accrued expenses	$	78,146	$	86,100