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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
ASSETS    
Cash and Cash Equivalents $ 163,840 $ 2,071
Accounts Receivable:    
Oil and gas sales 19,680 32,849
Joint interest operations 4,084 16,192
Derivative Financial Instruments 1,314  
Other Current Assets 2,933 10,105
Total current assets 191,851 61,217
Property and Equipment:    
Unevaluated oil and gas properties 80,449 201,459
Oil and gas properties, successful efforts method 4,299,265 4,282,088
Other 19,515 19,630
Accumulated depreciation, depletion and amortization (3,083,879) (2,305,008)
Net property and equipment 1,315,350 2,198,169
Other Assets 22,473 14,951
Total Assets 1,529,674 2,274,337
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts Payable 51,213 117,329
Accrued Liabilities 39,764 44,842
Total current liabilities 90,977 162,171
Long-term Debt 1,297,312 1,070,445
Deferred Income Taxes 10,981 154,547
Reserve for Future Abandonment Costs 15,106 14,900
Other Non-Current Liabilities   2,002
Total liabilities $ 1,414,376 $ 1,404,065
Commitments and Contingencies
Stockholders’ Equity:    
Common stock – $0.50 par, 75,000,000 shares authorized, 47,725,176 and 46,858,415 shares outstanding at September 30, 2015 and December 31, 2014, respectively $ 23,863 $ 23,429
Additional paid-in capital 483,592 480,434
Accumulated earnings (deficit) (392,157) 366,409
Total stockholders’ equity 115,298 870,272
Total liabilities and stockholders' equity $ 1,529,674 $ 2,274,337