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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current Assets:    
Cash and cash equivalents $ 29,460 $ 406
Accounts receivable 21,704 48,451
Deferred tax asset 0 6,243
Other current assets 10,683 9,569
Total Current Assets 61,847 64,669
Property and Equipment:    
Property and Equipment, including $18,839 and $64,903 of unproved property costs not being amortized, respectively 6,035,757 5,934,155
Less - Accumulated depreciation, depletion, and amortization (5,577,854) (3,839,118)
Property and Equipment, Net 457,903 2,095,037
Other Long-Term Assets 5,248 13,641
Total Assets 524,998 2,173,347
Current Liabilities:    
Accounts payable and accrued liabilities 7,663 68,244
Accrued capital costs 0 41,461
Accrued interest 490 21,389
Undistributed oil and gas revenues 0 17,825
Current portion of long-term debt 324,900 0
Total Current Liabilities 333,053 148,919
Long-Term Debt 0 1,074,534
Deferred Tax Liabilities 0 86,376
Asset Retirement Obligation 56,390 62,122
Other Long-Term Liabilities 3,891 7,018
Liabilities Subject to Compromise 984,388 0
Commitments and Contingencies 0 0
Stockholders' Equity:    
Preferred stock, $.01 par value, 5,000,000 shares authorized, none outstanding 0 0
Common stock, $.01 par value, 150,000,000 shares authorized, 44,771,258 and 44,379,463 shares issued, and 44,591,863 and 43,918,029 shares outstanding, respectively 448 444
Additional paid-in capital 776,358 771,972
Treasury stock held, at cost, 179,395 and 461,434 shares, respectively (2,491) (9,855)
Retained earnings (Accumulated deficit) (1,627,039) 31,817
Total Stockholders' Equity (Deficit) (852,724) 794,378
Total Liabilities and Stockholders' Equity $ 524,998 $ 2,173,347