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CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Sep. 30, 2015
Jun. 30, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Dec. 31, 2013
Current assets:            
Cash and cash equivalents $ 74,474   $ 74,488 $ 180,307   $ 331,224
Restricted cash 0   177,647      
Accounts receivable 57,859   120,359      
Fair value of derivative contracts 65,700   139,179      
Current income tax receivable 0   7,212      
Inventory 3,709   3,709      
Other current assets 9,203   8,118      
Total current assets 210,945   530,712      
Oil and gas properties, full cost method of accounting:            
Proved 9,204,693   8,817,268      
Less: accumulated depreciation, depletion and amortization (8,199,973)   (6,970,631)      
Net proved oil and gas properties 1,004,720   1,846,637      
Unevaluated 518,963   567,365      
Other property and equipment, net 30,327   32,340      
Fair value of derivative contracts 5,734   14,333      
Other assets, net 25,623   27,224      
Total assets 1,796,312   3,018,611      
Current liabilities:            
Accounts payable to vendors 66,054   132,629      
Undistributed oil and gas proceeds 10,461   23,232      
Accrued interest 22,241   9,022      
Deferred taxes 0   20,119      
Asset retirement obligations 42,624   69,400      
Other current liabilities 42,134   49,505      
Total current liabilities 183,514   303,907      
Long-term debt 1,052,183   1,041,035      
Deferred taxes 0   286,343      
Asset retirement obligations 243,567   247,009      
Fair value of derivative contracts 172   0      
Other long-term liabilities 25,347   38,714      
Total liabilities $ 1,504,783   $ 1,917,008      
Commitments and contingencies        
Stockholders’ equity:            
Common stock, $.01 par value; authorized 150,000,000 shares; issued 55,302,325 and 54,884,542 shares, respectively $ 553   $ 549      
Treasury stock (16,582 shares, at cost) (860)   (860)      
Additional paid-in capital 1,643,746   1,633,307      
Accumulated deficit (1,386,967)   (614,708)      
Accumulated other comprehensive income 35,057 $ 40,700 83,315 $ 11,200 $ (18,200) $ (2,100)
Total stockholders’ equity 291,529   1,101,603      
Total liabilities and stockholders’ equity $ 1,796,312   $ 3,018,611