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Condensed Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
ASSETS    
Cash and cash equivalents $ 13,684 $ 45,811
Accounts receivable — oil and gas revenues 134,518 130,934
Accounts receivable — joint interest partners 96,275 175,537
Inventory 17,669 21,354
Prepaid expenses 5,764 14,273
Derivative instruments 108,742 302,159
Other current assets 1,001 6,539
Total current assets 377,653 696,607
Property, plant and equipment    
Oil and gas properties (successful efforts method) 6,278,726 5,966,140
Other property and equipment 416,417 313,439
Less: accumulated depreciation, depletion, amortization and impairment (1,338,486) (1,092,793)
Total property, plant and equipment, net 5,356,657 5,186,786
Derivative instruments 1,077 13,348
Deferred financing costs and other assets 48,545 41,671
Total assets 5,783,932 5,938,412
Current liabilities    
Accounts payable 10,452 20,958
Revenues and production taxes payable 193,270 209,890
Accrued liabilities 259,066 410,379
Accrued interest payable 49,458 49,786
Deferred income taxes 26,808 97,499
Advances from joint interest partners 6,210 6,616
Total current liabilities 545,264 795,128
Long-term debt 2,355,000 2,700,000
Deferred income taxes 559,239 526,770
Asset retirement obligations 44,230 42,097
Other liabilities 3,267 2,116
Total liabilities $ 3,507,000 $ 4,066,111
Commitments and contingencies (Note 14)    
Stockholders’ equity    
Common stock, $0.01 par value: 300,000,000 shares authorized; 139,560,426 shares issued and 139,156,287 shares outstanding at June 30, 2015 and 101,627,296 shares issued and 101,341,619 shares outstanding at December 31, 2014 $ 1,373 $ 1,001
Treasury stock, at cost: 404,139 and 285,677 shares at June 30, 2015 and December 31, 2014, respectively (12,603) (10,671)
Additional paid-in capital 1,484,664 1,007,202
Retained earnings 803,498 874,769
Total stockholders’ equity 2,276,932 1,872,301
Total liabilities and stockholders’ equity $ 5,783,932 $ 5,938,412