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CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Mar. 31, 2015
Dec. 31, 2014
Current assets:        
Cash and cash equivalents $ 367,134 $ 10,759 $ 162,128 $ 74,488
Accounts receivable 42,185 48,031    
Fair value of derivative contracts 30,222 38,576    
Current income tax receivable 46,174 46,174    
Inventory 535 535    
Other current assets 6,531 6,346    
Total current assets 492,781 150,421    
Oil and gas properties, full cost method of accounting:        
Proved 9,481,859 9,375,898    
Less: accumulated depreciation, depletion and amortization (8,796,412) (8,603,955)    
Net proved oil and gas properties 685,447 771,943    
Unevaluated 421,429 440,043    
Other property and equipment, net 28,667 29,289    
Other assets, net 18,257 18,473    
Total assets 1,646,581 1,410,169    
Current liabilities:        
Accounts payable to vendors 38,200 82,207    
Undistributed oil and gas proceeds 3,875 5,992    
Accrued interest 22,901 9,022    
Asset retirement obligations 23,465 21,291    
Current portion of long-term debt 459,201 0    
Other current liabilities 32,671 40,712    
Total current liabilities 580,313 159,224    
Long-term debt 1,063,090 1,060,955    
Asset retirement obligations 209,848 204,575    
Other long-term liabilities 18,329 25,204    
Total liabilities $ 1,871,580 $ 1,449,958    
Commitments and contingencies    
Stockholders’ equity:        
Common stock, $.01 par value; authorized 150,000,000 shares; issued 55,806,817 and 55,302,325 shares, respectively $ 558 $ 553    
Treasury stock (16,582 shares, at cost) (860) (860)    
Additional paid-in capital 1,650,969 1,648,189    
Accumulated deficit (1,894,407) (1,705,623)    
Accumulated other comprehensive income 18,741 17,952 $ 70,800 $ 83,300
Total stockholders’ equity (224,999) (39,789)    
Total liabilities and stockholders’ equity $ 1,646,581 $ 1,410,169