| Cash and cash equivalents |
6.5M |
| Restricted cash |
| Accounts receivable, trade and other, net of allowance |
| Income taxes receivable |
| Accrued oil and gas revenue |
3.71M |
| Fair value of oil and natural gas derivatives |
| Inventory |
5.95M |
| Prepaid expenses and other |
| Total current assets |
17.94M |
| Oil and gas properties (successful efforts method) |
975.58M |
| Furniture, fixtures and equipment |
7.3M |
| Gross property and equipment |
982.88M |
| Less: Accumulated depletion, depreciation and amortization |
-918.85M |
| Net property and equipment |
64.03M |
| Fair value of oil and natural gas derivatives |
| Deferred tax assets |
| Deferred financing cost |
| TOTAL ASSETS |
82.08M |
| Accounts payable |
2.67M |
| Accrued liabilities |
9.56M |
| Accrued abandonment costs |
83K |
| Deferred tax liabilities current |
| Fair value of oil and natural gas derivatives |
0 |
| Current portion of debt |
39.75M |
| Total current liabilities |
52.06M |
| LONG-TERM DEBT |
| Accrued abandonment costs |
3.85M |
| Fair value of oil and natural gas derivatives |
| Total liabilities |
492.78M |
| Commitments and contingencies (See Note 9) |
0 |
| Preferred stock: 10,000,000 shares authorized: Series B convertible preferred stock, $1.00 par value, issued and outstanding 2,250,000 shares |
1.48M |
| Common stock: $0.20 par value, 100,000,000 shares authorized; issued and outstanding 36,121,963 and 37,685,378 shares, respectively |
16M |
| Treasury stock (74 and 12,377 shares, respectively) |
-46K |
| Additional paid in capital |
1.1B |
| Retained earnings (accumulated deficit) |
-1.53B |
| Total stockholders' equity |
-410.7M |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
82.08M |
