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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Dec. 31, 2016
Jul. 01, 2016
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Current assets:          
Cash and cash equivalents $ 190,581   $ 10,759 $ 74,488 $ 331,224
Accounts receivable 48,464   48,031    
Fair value of derivative contracts 0   38,576    
Current income tax receivable 26,086   46,174    
Other current assets 10,151   6,881    
Total current assets 275,282   150,421    
Oil and gas properties, full cost method of accounting:          
Proved 9,616,236   9,375,898    
Less: accumulated depreciation, depletion and amortization (9,178,442)   (8,603,955)    
Net proved oil and gas properties 437,794   771,943    
Unevaluated 373,720   440,043    
Other property and equipment, net of accumulated depreciation of $27,418 and $27,424, respectively 26,213   29,289    
Other assets, net of accumulated depreciation and amortization of $5,360 and $4,376, respectively 26,474   18,473    
Total assets 1,139,483   1,410,169    
Current liabilities:          
Accounts payable to vendors 19,981   82,207    
Undistributed oil and gas proceeds 15,073   5,992    
Accrued interest 809   9,022    
Asset retirement obligations 88,000   21,291    
Current portion of long-term debt 408   0    
Other current liabilities 18,602   40,712    
Total current liabilities 142,873   159,224    
Long-term debt 352,376   1,060,955    
Asset retirement obligations 154,019   204,575    
Other long-term liabilities 17,315   25,204    
Total liabilities not subject to compromise 666,583   1,449,958    
Liabilities subject to compromise 1,110,182   0    
Total liabilities 1,776,765   1,449,958    
Commitments and contingencies      
Stockholders’ equity:          
Common stock, $.01 par value; authorized 30,000,000 shares; issued 5,610,020 and 5,530,232 shares, respectively 56   55    
Treasury stock (1,658 shares, at cost) (860)   (860)    
Additional paid-in capital 1,659,731   1,648,687    
Accumulated deficit (2,296,209)   (1,705,623)    
Accumulated other comprehensive income 0   17,952    
Total stockholders’ equity (637,282) $ 50,000 (39,789)    
Total liabilities and stockholders’ equity $ 1,139,483   $ 1,410,169