XML 13 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
ASSETS    
Cash and Cash Equivalents $ 31,780  
Accounts Receivable:    
Oil and gas sales 61,003  
Joint interest operations 19,619  
Other Current Assets 19,070  
Total current assets 131,472  
Oil and gas properties, successful efforts method    
Proved 1,568,504  
Unproved 195,178  
Other 4,440  
Accumulated depreciation, depletion and amortization (174,520)  
Net property and equipment 1,593,602  
Goodwill 349,667  
Income Taxes Receivable 19,086  
Other Assets 549  
Total Assets 2,094,376  
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)    
Accounts Payable 124,008  
Accrued Expenses 53,261  
Derivative Financial Instruments 2,849  
Total current liabilities 180,118  
Long-term Debt 1,242,844  
Deferred Income Taxes 145,565  
Reserve for Future Abandonment Costs 4,738  
Total liabilities 1,573,265  
Commitments and Contingencies  
Stockholders' Equity (Deficit):    
Common stock — $0.50 par, 155,000,000 shares authorized, 105,879,064 shares issued and outstanding at September 30, 2018, 75,000,000 authorized, 15,427,561 shares issued and outstanding as of December 31, 2017 52,940  
Additional paid-in capital 454,348  
Accumulated earnings (deficit) 13,823  
Total stockholders' equity (deficit) 521,111  
Total liabilities and stockholders' equity (deficit) $ 2,094,376  
Predecessor    
ASSETS    
Cash and Cash Equivalents   $ 61,255
Accounts Receivable:    
Oil and gas sales   26,700
Joint interest operations   11,872
Derivative Financial Instruments   1,318
Assets Held For Sale   198,615
Other Current Assets   2,745
Total current assets   302,505
Oil and gas properties, successful efforts method    
Proved   2,631,750
Other   18,918
Accumulated depreciation, depletion and amortization   (2,042,739)
Net property and equipment   607,929
Income Taxes Receivable   19,086
Other Assets   899
Total Assets   930,419
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)    
Accounts Payable   126,034
Accrued Expenses   42,455
Total current liabilities   168,489
Long-term Debt   1,110,529
Deferred Income Taxes   10,266
Reserve for Future Abandonment Costs   10,407
Total liabilities   1,299,691
Commitments and Contingencies  
Stockholders' Equity (Deficit):    
Common stock — $0.50 par, 155,000,000 shares authorized, 105,879,064 shares issued and outstanding at September 30, 2018, 75,000,000 authorized, 15,427,561 shares issued and outstanding as of December 31, 2017   7,714
Common stock warrants   3,557
Additional paid-in capital   546,696
Accumulated earnings (deficit)   (927,239)
Total stockholders' equity (deficit)   (369,272)
Total liabilities and stockholders' equity (deficit)   $ 930,419