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CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 819 $ 0
Accounts receivable:    
Joint owners, net 4,548 677
Oil and gas production sales 11,933 11,595
Other 0 1,252
Total accounts receivable 16,481 13,524
Derivative asset 1,056 54
Assets held for sale 0 9,685
Other current assets 740 676
Total current assets 19,096 23,939
Oil and gas properties, full cost method of accounting:    
Proved 881,325 794,634
Other property and equipment 38,833 38,569
Total 920,158 833,203
Less accumulated depreciation, depletion, amortization and impairment (715,665) (696,892)
Total property and equipment, net 204,493 136,311
Deferred financing fees, net 1,190 818
Derivative asset 1,561 0
Other assets 265 580
Total assets 226,605 161,648
Current liabilities:    
Accounts payable 27,017 18,397
Joint interest oil and gas production payable 8,834 8,937
Accrued interest 90 44
Other accrued expenses 750 571
Derivative liability 2,621 2,382
Current maturities of long-term debt 259 786
Total current liabilities 39,571 31,117
Long-term debt – less current maturities 67,421 96,616
Other liabilities 132 157
Derivative liability long-term 957 6,630
Future site restoration 8,847 8,623
Total liabilities 116,928 143,143
Commitments and contingencies (Note 7)
Stockholders’ Equity:    
Preferred stock, par value $0.01 per share – authorized 1,000,000 shares; -0- shares issued and outstanding 0 0
Common stock, par value $0.01 per share, authorized 400,000,000 shares; 165,889,901 and 135,094,017 issued and outstanding at September 30, 2017 and December 31, 2016, respectively 1,659 1,351
Additional paid-in capital 414,732 343,982
Accumulated deficit (306,714) (326,828)
Total stockholders’ equity 109,677 18,505
Total liabilities and stockholders’ equity $ 226,605 $ 161,648