| Jun'18 | Mar'18 | Dec'17 | Sep'17 | Dec'16 | ||
|---|---|---|---|---|---|---|
ASSETS | ||||||
Current Assets | ||||||
Cash and cash equivalents | ||||||
97,900 | 112,062 | 151,729 | 173,364 | 165,368 | ||
Accounts receivable | ||||||
Oil and natural gas sales | ||||||
55,413 | 54,662 | 55,598 | 49,200 | 69,744 | ||
Joint interest billings, net | ||||||
4,004 | 5,764 | 6,336 | 3,249 | 6,029 | ||
Other | ||||||
19,920 | 15,290 | 15,726 | 17,762 | 17,944 | ||
Prepaid expenses and other current assets | ||||||
11,873 | 12,147 | 21,602 | 16,096 | 17,980 | ||
Restricted cash | ||||||
6,432 | 6,409 | 6,392 | 6,378 | 32,337 | ||
Total Current Assets | ||||||
195,542 | 206,334 | 257,383 | 266,049 | 309,402 | ||
Property and Equipment | ||||||
Oil and natural gas properties, net - full cost method of accounting, including $192.3 million and $200.2 million of unevaluated properties not being amortized at June 30, 2018 and December 31, 2017, respectively | ||||||
773,153 | 759,483 | 764,922 | 869,810 | 1,097,471 | ||
Other property and equipment, net | ||||||
8,269 | 9,157 | 10,120 | 13,860 | 20,007 | ||
Total Property and Equipment, net of accumulated depreciation, depletion, amortization and impairment | ||||||
781,422 | 768,640 | 775,042 | 883,670 | 1,117,478 | ||
Other Assets | ||||||
Restricted cash | ||||||
25,814 | 25,758 | 25,712 | 25,675 | 25,583 | ||
Other assets | ||||||
29,468 | 24,303 | 18,845 | 26,840 | 28,244 | ||
Total Other Assets | ||||||
55,282 | 50,061 | 44,557 | 52,515 | 53,827 | ||
Total Assets | ||||||
1,032,246 | 1,025,035 | 1,076,982 | 1,202,234 | 1,480,707 | ||
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) | ||||||
Current Liabilities | ||||||
Accounts payable | ||||||
79,154 | 66,769 | 85,122 | 86,691 | 101,117 | ||
Accrued liabilities | ||||||
52,111 | 41,332 | 45,494 | 38,652 | 55,675 | ||
Asset retirement obligations | ||||||
55,952 | 53,415 | 51,398 | 64,066 | 56,601 | ||
Derivative financial instruments | ||||||
36,793 | 32,354 | 32,567 | 3,302 | - | ||
Current maturities of long-term debt | ||||||
17 | 5,571 | 21 | 23 | 4,268 | ||
Total Current Liabilities | ||||||
224,027 | 199,441 | 214,602 | 192,734 | 217,661 | ||
Long-term debt, less current maturities | ||||||
58,413 | 58,407 | 73,952 | 73,946 | 74,229 | ||
Asset retirement obligations | ||||||
625,496 | 620,105 | 613,453 | 556,301 | 680,507 | ||
Derivative financial instruments | ||||||
6,305 | - | - | 574 | - | ||
Other liabilities | ||||||
14,932 | 12,673 | 10,783 | 18,134 | 12,595 | ||
Total Liabilities | ||||||
929,173 | 890,626 | 912,790 | 841,689 | 984,992 | ||
Commitments and Contingencies (Note 13) | ||||||
0 | 0 | 0 | 0 | 0 | ||
Stockholders' Equity | ||||||
Preferred stock, $0.01 par value, 10,000,000 shares authorized and no shares outstanding at June 30, 2018 and December 31, 2017 | ||||||
0 | 0 | 0 | 0 | - | ||
Common stock, $0.01 par value, 100,000,000 shares authorized and 33,396,563 and 33,254,963 shares issued and outstanding at June 30, 2018 and December 31, 2017, respectively | ||||||
334 | 333 | 333 | 332 | 332 | ||
Additional paid-in capital | ||||||
916,525 | 913,828 | 911,144 | 887,026 | 901,658 | ||
Accumulated deficit | ||||||
-813,786 | -779,752 | -747,285 | -526,813 | -406,275 | ||
Total Stockholders' Equity | ||||||
103,073 | 134,409 | 164,192 | 360,545 | 495,715 | ||
Total Liabilities and Stockholders' Equity | ||||||
1,032,246 | 1,025,035 | 1,076,982 | 1,202,234 | 1,480,707 | ||