v3.10.0.1
Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
CURRENT ASSETS:    
Cash and cash equivalents $ 22 $ 21
Accounts receivable:    
Joint interest owners 79 117
Oil, NGLs and gas sales 10,687 9,678
Derivative instruments 90 1,398
Prepaid expenses and other current assets 3,618 5,486
Total current assets 14,496 16,700
PROPERTIES AND EQUIPMENT:    
Oil and gas properties, at cost, using the successful efforts method of accounting 1,976,842 1,930,577
Furniture, fixtures and equipment 5,689 5,658
Total oil and gas properties and equipment 1,982,531 1,936,235
Less accumulated depletion, depreciation and amortization (899,686) (853,359)
Net oil and gas properties and equipment 1,082,845 1,082,876
Total assets 1,097,341 1,099,576
CURRENT LIABILITIES:    
Accounts payable 12,969 9,450
Oil, NGLs and gas sales payable 6,105 5,363
Derivative instruments 4,117 2,181
Accrued liabilities 18,061 8,073
Total current liabilities 41,252 25,067
NON-CURRENT LIABILITIES:    
Senior secured credit facility, net 294,321 289,275
Senior notes, net 84,411 84,185
Derivative instruments 80  
Deferred income taxes 77,361 82,102
Asset retirement obligations 11,302 11,065
Other non-current liabilities 819 466
Total liabilities 509,546 492,160
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.01 par value, 10,000,000 shares authorized, none outstanding
Common stock, $0.01 par value, 180,000,000 shares authorized, 94,478,333 and 94,533,246 issued and outstanding, respectively 945 945
Additional paid-in capital 743,503 742,391
Accumulated other comprehensive income 46  
Accumulated deficit (156,699) (135,920)
Total stockholders’ equity 587,795 607,416
Total liabilities and stockholders’ equity $ 1,097,341 $ 1,099,576