CONSOLIDATED BALANCE SHEET - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 0	$ 3,540
Accounts receivable:
Joint owners - net	677	1,552
Oil and gas production sales	11,595	6,713
Other	1,252	1,241
Total accounts receivable	13,524	9,506
Derivative assets	54	18,902
Assets held for sale	9,685	0
Other current assets	676	726
Total current assets	23,939	32,674
Oil and gas properties, full cost method of accounting:
Proved	794,634	787,683
Other property and equipment	38,569	41,444
Total	833,203	829,127
Less accumulated depreciation, depletion, amortization and impairment	(696,892)	(604,289)
Total property and equipment, net	136,311	224,838
Deferred financing fees, net	818	1,642
Derivative asset	0	8,463
Other assets	580	255
Total assets	161,648	267,872
Current liabilities:
Accounts payable	18,397	24,825
Joint interest oil and gas production payable	8,937	7,177
Accrued interest	44	115
Other accrued expenses	571	622
Derivative liability	2,382	0
Current maturities of long-term debt	786	2,330
Total current liabilities	31,117	35,069
Long-term debt – less current maturities	96,616	138,402
Other liabilities	157	257
Derivative liability	6,630	0
Future site restoration	8,623	9,679
Total liabilities	143,143	183,407
Commitments and contingencies
Stockholders’ Equity:
Preferred stock, par value $.01 per share – authorized 1,000,000 shares; -0- shares issued and outstanding	0	0
Common stock, par value $.01 per share – authorized 200,000,000 shares; issued and outstanding 106,346,678 and 135,094,017, respectively	1,351	1,063
Additional paid-in capital	343,982	313,852
Accumulated deficit	(326,828)	(230,450)
Total stockholders’ equity	18,505	84,465
Total liabilities and stockholders’ equity	$ 161,648	$ 267,872