v3.10.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
CURRENT ASSETS:    
Cash and cash equivalents $ 6,213 $ 68,498
Accounts receivable:    
Oil and gas sales 29,472 32,455
Joint interest billing 3,178 3,297
Other 449 166
Commodity derivative contracts   762
Other current assets 1,813 1,510
Total current assets 41,125 106,688
Oil and gas properties, on the basis of full-cost accounting    
Proved properties 803,841 765,308
Unproved properties not being amortized 4,505 7,065
Other property and equipment 6,369 6,508
Less accumulated depreciation, depletion, amortization and impairment (251,432) (204,419)
Net property and equipment 563,283 574,462
OTHER NONCURRENT ASSETS 5,591 6,978
TOTAL 609,999 688,128
CURRENT LIABILITIES:    
Accounts payable 14,322 11,547
Accrued liabilities 36,703 42,842
Commodity derivative contracts 13,210 3,433
Total current liabilities 64,235 57,822
LONG-TERM LIABILITIES:    
Asset retirement obligations 7,816 15,506
Commodity derivative contracts 4,361 562
Long-term debt 28,059 128,059
Other long-term liabilities 569 592
Total long-term liabilities 40,805 144,719
COMMITMENTS AND CONTINGENCIES (Note 14)
STOCKHOLDERS' EQUITY:    
Preferred stock, $0.01 par value, 50,000,000 shares authorized; no shares issued or outstanding at September 30, 2018 and December 31, 2017
Warrants, 6,625,554 warrants outstanding at September 30, 2018 and December 31, 2017 37,329 37,329
Common stock, $0.01 par value, 250,000,000 shares authorized; 25,386,104 shares issued and 25,256,957 shares outstanding at September 30, 2018; 25,272,969 shares issued and 25,173,346 shares outstanding at December 31, 2017 254 253
Treasury stock (2,081) (1,603)
Additional paid-in-capital 530,627 524,755
Retained deficit (61,170) (75,147)
Total stockholders' equity 504,959 485,587
TOTAL $ 609,999 $ 688,128

Source