XML 28 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Jun. 30, 2015
Current assets:    
Cash and cash equivalents   $ 217
Trade accounts receivable - net $ 55,146 71,323
Derivative financial instruments 1,970 888
Restricted cash 6,025 6,024
Prepaid expenses 1,523 1,831
Total current assets 64,664 80,283
Property and equipment, net - full cost method of accounting, including $397.7 million and $435.4 million of unevaluated properties not being amortized at September 30, 2015 and June 30, 2015, respectively 1,053,954 1,415,025
Restricted cash 21,008  
Other assets and debt issuance costs, net of accumulated amortization 947 1,039
Total assets 1,140,573 1,496,347
Current liabilities:    
Accounts payable 42,797 24,548
Due to EGC 190,401 170,728
Accrued liabilities 71,550 95,981
Asset retirement obligations 15,839 38,056
Derivative financial instruments   1,057
Current maturities of long-term debt 1,684 3,364
Total current liabilities 322,271 333,734
Long-term debt, less current maturities 686,018 689,459
Promissory note payable to EGC 325,000 325,000
Asset retirement obligations 196,004 202,306
Total Liabilities $ 1,529,293 $ 1,550,499
Commitments and contingencies (Note 10)
Stockholders' equity:    
Preferred stock, par value $0.001 per share. Authorized 1,000,000 shares; no shares issued and outstanding at September 30, 2015 and June 30, 2015
Common stock, par value $0.001 per share. Authorized 75,000,000 shares; shares issued and outstanding: 1,000 at September 30, 2015 and June 30, 2015
Additional paid-in capital $ 1,599,341 $ 1,599,341
Accumulated deficit (1,988,061) (1,653,493)
Total stockholder's deficit (388,720) (54,152)
Total liabilities and stockholder's deficit $ 1,140,573 $ 1,496,347