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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 6,917 $ 516
Accrued production receivable 72,470 139,407
Trade and other receivables, net 41,497 18,318
Derivative assets 125,724 11,936
Other current assets 10,312 10,434
Total current assets 256,920 180,611
Oil and natural gas properties (using full cost accounting)    
Proved properties 11,683,339 11,447,680
Unevaluated properties 636,656 872,910
CO2 properties 1,198,902 1,198,846
Pipelines and plants 2,335,198 2,329,078
Other property and equipment 217,066 212,334
Less accumulated depletion, depreciation, amortization and impairment (11,854,989) (11,688,020)
Net property and equipment 4,216,172 4,372,828
Operating lease right-of-use assets 32,886 34,099
Other assets 101,113 104,329
Total assets 4,607,091 4,691,867
Current liabilities    
Accounts payable and accrued liabilities 106,546 183,832
Oil and gas production payable 46,921 62,869
Derivative liabilities 0 8,346
Current maturities of long-term debt (including future interest payable of $83,751 and $86,054, respectively - see Note 4) [1] 98,212 102,294
Operating lease liabilities 7,044 6,901
Total current liabilities 258,723 364,242
Long-term liabilities    
Long-term debt, net of current portion (including future interest payable of $59,998 and $78,860, respectively - see Note 4) 2,185,984 2,232,570
Asset retirement obligations 173,214 177,108
Deferred tax liabilities, net 406,021 410,230
Operating lease liabilities 40,112 41,932
Other liabilities 53,592 53,526
Total long-term liabilities 2,858,923 2,915,366
Commitments and contingencies (Note 8)
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; 508,415,378 and 508,065,495 shares issued, respectively 508 508
Paid-in capital in excess of par 2,742,303 2,739,099
Accumulated deficit (1,247,298) (1,321,314)
Treasury stock, at cost, 1,828,444 and 1,652,771 shares, respectively (6,068) (6,034)
Total stockholders' equity 1,489,445 1,412,259
Total liabilities and stockholders' equity $ 4,607,091 $ 4,691,867
[1]
Our current maturities of long-term debt as of March 31, 2020 include $83.8 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.