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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 516 $ 38,560
Accrued production receivable 139,407 125,788
Trade and other receivables, net 18,318 26,970
Derivative assets 11,936 93,080
Other current assets 10,434 11,896
Total current assets 180,611 296,294
Oil and natural gas properties (using full cost accounting)    
Proved properties 11,447,680 11,072,209
Unevaluated properties 872,910 996,700
CO2 properties 1,198,846 1,196,795
Pipelines and plants 2,329,078 2,302,817
Other property and equipment 212,334 250,279
Less accumulated depletion, depreciation, amortization and impairment (11,688,020) (11,500,190)
Net property and equipment 4,372,828 4,318,610
Operating lease right-of-use assets 34,099 0
Derivative assets 0 4,195
Other assets 104,329 104,123
Total assets 4,691,867 4,723,222
Current liabilities    
Accounts payable and accrued liabilities 183,832 198,380
Oil and gas production payable 62,869 61,288
Derivative liabilities 8,346 0
Current maturities of long-term debt (including future interest payable of $86,054 and $85,303, respectively – see Note 6) 102,294 [1] 105,125
Operating lease liabilities 6,901 0
Total current liabilities 364,242 364,793
Long-term liabilities    
Long-term debt, net of current portion (including future interest payable of $78,860 and $164,914, respectively – see Note 6) 2,232,570 2,664,211
Asset retirement obligations 177,108 174,470
Deferred tax liabilities, net 410,230 309,758
Operating lease liabilities 41,932 0
Other liabilities 53,526 68,213
Total long-term liabilities 2,915,366 3,216,652
Commitments and contingencies (Note 12)
Stockholders' equity    
Preferred stock, $.001 par value, 25,000,000 shares authorized, none issued and outstanding 0 0
Common stock, $.001 par value, 750,000,000 shares authorized; 508,065,495 and 462,355,725 shares issued, respectively 508 462
Paid-in capital in excess of par 2,739,099 2,685,211
Accumulated deficit (1,321,314) (1,533,112)
Treasury stock, at cost, 1,652,771 and 1,941,749 shares, respectively (6,034) (10,784)
Total stockholders' equity 1,412,259 1,141,777
Total liabilities and stockholders' equity $ 4,691,867 $ 4,723,222
[1]
Our current maturities of long-term debt as of December 31, 2019 include $86.1 million of future interest payable related to the 2021 Senior Secured Notes and 2022 Senior Secured Notes that is due within the next twelve months.