| Cash and cash equivalents |
2.01M |
| Joint interest billings |
1.76M |
| Revenue |
780.95K |
| Inventory |
359.52K |
| Derivative instruments |
| Prepaid expenses |
14.37K |
| Total |
5.28M |
| Proved properties |
265.44M |
| Unproved properties |
31.72M |
| Facilities and equipment |
1.52M |
| Furniture, fixtures and other |
| Total |
299.19M |
| Less accumulated depletion, depreciation, amortization and impairment |
-254.37M |
| Total |
44.82M |
| Deposit |
551.37K |
| Derivative instruments |
| Note receivable |
| Deferred financing costs |
629.36K |
| Total |
1.18M |
| TOTAL ASSETS |
51.28M |
| Accounts payable |
1.57M |
| Revenue payable |
| Advances from joint interest owners |
| Current portion of long-term debt |
| 5.5% Convertible Senior Notes due 2011 |
| Accrued interest |
2.5M |
| Derivative instruments |
| Accrued expenses |
236K |
| Total |
37.7M |
| 5.5% Convertible Senior Notes due 2015, net of unamortized discount of $24,242,242 as of June 30, 2011 and $25,682,482 as of December 31, 2010 |
| Long-term debt |
| Deferred income from sale of assets |
| Asset retirement obligation |
| Derivative instruments |
71K |
| Total |
3.54M |
| STOCKHOLDERS' EQUITY |
| Common stock - $.0001 par value; 600,000,000 shares authorized; 152,013,515 shares issued and 151,939,815 outstanding as of June 30, 2011 and 121,255,748 shares issued and 121,182,048 outstanding as of December 31, 2010 |
16.97K |
| Additional paid-in capital |
262.76M |
| Accumulated deficit |
-252.62M |
| Less cost of treasury stock of 73,700 common shares |
-130.3K |
| Total |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY |
51.28M |
| STOCKHOLDERS' EQUITY |
| Convertible Preferred stock |
0 |
| STOCKHOLDERS' EQUITY |
| Convertible Preferred stock |
182 |
