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CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 180,239  
Restricted cash 74,068  
Accounts receivable 35,380  
Fair value of derivative contracts 3,398  
Current income tax receivable 22,516  
Other current assets 11,150  
Total current assets 326,751  
Oil and gas properties, full cost method of accounting:    
Proved 677,977  
Less: accumulated depreciation, depletion and amortization (271,960)  
Net proved oil and gas properties 406,017  
Unevaluated 97,617  
Other property and equipment, net 20,741  
Fair value of derivative contracts 3,185  
Other assets, net 16,993  
Total assets 871,304  
Current liabilities:    
Accounts payable to vendors 26,033  
Undistributed oil and gas proceeds 1,428  
Accrued interest 1,649  
Asset retirement obligations 85,498  
Current portion of long-term debt 412  
Other current liabilities 17,500  
Total current liabilities 132,520  
Long-term debt 235,813  
Asset retirement obligations 189,870  
Other long-term liabilities 17,557  
Total liabilities 575,760  
Commitments and contingencies  
Stockholders’ equity:    
Common stock, value 200  
Additional paid-in capital 554,957  
Accumulated deficit (259,613)  
Total stockholders’ equity 295,544  
Total liabilities and stockholders’ equity $ 871,304  
Predecessor    
Current assets:    
Cash and cash equivalents   $ 190,581
Restricted cash   0
Accounts receivable   48,464
Fair value of derivative contracts   0
Current income tax receivable   26,086
Other current assets   10,151
Total current assets   275,282
Oil and gas properties, full cost method of accounting:    
Proved   9,616,236
Less: accumulated depreciation, depletion and amortization   (9,178,442)
Net proved oil and gas properties   437,794
Unevaluated   373,720
Other property and equipment, net   26,213
Fair value of derivative contracts   0
Other assets, net   26,474
Total assets   1,139,483
Current liabilities:    
Accounts payable to vendors   19,981
Undistributed oil and gas proceeds   15,073
Accrued interest   809
Asset retirement obligations   88,000
Current portion of long-term debt   408
Other current liabilities   18,602
Total current liabilities   142,873
Long-term debt   352,376
Asset retirement obligations   154,019
Other long-term liabilities   17,315
Total liabilities not subject to compromise   666,583
Liabilities subject to compromise   1,110,182
Total liabilities   1,776,765
Commitments and contingencies  
Stockholders’ equity:    
Common stock, value   56
Predecessor treasury stock (1,658 shares, at cost)   (860)
Additional paid-in capital   1,659,731
Accumulated deficit   (2,296,209)
Total stockholders’ equity   (637,282)
Total liabilities and stockholders’ equity   $ 1,139,483