XML 33 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (in thousands, except share amounts) - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Assets    
Cash and cash equivalents $ 82 $ 120
Accounts receivable 239,983 322,630
Derivative asset 269,022 402,668
Prepaid expenses and other 16,621 19,625
Total current assets 525,708 745,043
Proved Oil and Gas Properties 7,356,877 7,348,436
Less - accumulated depletion, depreciation, and amortization (3,073,603) (3,233,012)
Unproved Oil and Gas Properties 419,903 532,498
Wells in progress 419,979 503,734
Oil and gas properties held for sale net of accumulated depletion, depreciation and amortization of $30,514 and $22,482, respectively 7,361 17,891
Other property and equipment, net of accumulated depreciation of $38,051 and $37,079, respectively 354,528 334,356
Total property and equipment, net 5,485,045 5,503,903
Derivative asset 131,464 189,540
Other noncurrent assets 71,401 78,214
Total other noncurrent assets 202,865 267,754
Total Assets 6,213,618 6,516,700
Liabilities    
Accounts payable and accrued expenses 423,536 640,684
Derivative liability, current 8,107 0
Deferred tax liability 90,514 142,976
Other current liabilities 0 1,000
Total current liabilities 522,157 784,660
Revolving credit facility 122,000 166,000
Senior Notes (note 5) 2,350,000 2,200,000
Asset retirement obligation 115,276 120,867
Net Profits Plan liability 18,326 27,136
Deferred income taxes 859,588 891,681
Derivative liability 1,026 70
Other noncurrent liabilities 36,938 39,631
Total noncurrent liabilities $ 3,503,154 $ 3,445,385
Commitments and contingencies (note 6)    
Stockholders' equity:    
Common stock, $0.01 par value - authorized: 200,000,000 shares; issued and outstanding; 67,598,649 and 67,463,060, respectively $ 676 $ 675
Additional paid-in-capital 299,637 283,295
Retained earnings 1,900,058 2,013,997
Accumulated other comprehensive loss (12,064) (11,312)
Total stockholders' equity 2,188,307 2,286,655
Total Liabilities and Stockholders' Equity $ 6,213,618 $ 6,516,700