Quarterly report pursuant to Section 13 or 15(d)

Supplemental Guarantor Information - Condensed Consolidating Balance Sheet (Details)

v3.3.0.814
Supplemental Guarantor Information - Condensed Consolidating Balance Sheet (Details) - USD ($)
$ in Thousands
Mar. 31, 2015
Dec. 31, 2014
Mar. 31, 2014
Dec. 31, 2013
Current assets:        
Cash and cash equivalents $ 8,367 $ 23,666 $ 20,335 $ 15,800
Receivables:        
Oil and natural gas sales 46,121 67,242    
Joint interest and other 29,300 43,645    
Total receivables 75,421 110,887    
Deferred income taxes 3,196 11,662    
Prepaid expenses and other assets 18,842 36,347    
Total current assets 105,826 182,562    
Property and equipment - at cost:        
Oil and natural gas properties and equipment 8,133,244 8,045,666    
Furniture, fixtures and other 23,495 23,269    
Total property and equipment 8,156,739 8,068,935    
Less accumulated depreciation, depletion and amortization 5,955,539 5,575,078    
Net property and equipment 2,201,200 2,493,857    
Restricted deposits for asset retirement obligations 15,501 15,444    
Other assets 16,534 17,244    
Total assets 2,339,061 2,709,107    
Current liabilities:        
Accounts payable 128,277 194,109    
Undistributed oil and natural gas proceeds 29,171 37,009    
Asset retirement obligations 16,500 36,003    
Accrued liabilities 28,220 17,377    
Total current liabilities 202,168 284,498    
Long-term debt, less current maturities 1,426,437 1,360,057    
Asset retirement obligations, less current portion 364,723 354,565    
Deferred income taxes 74,875 186,988    
Other liabilities 13,900 13,691    
Shareholders’ equity:        
Common stock 1 1    
Additional paid-in capital 417,325 414,580    
Retained earnings (accumulated deficit) (136,201) 118,894    
Treasury stock, at cost (24,167) (24,167)    
Total shareholders’ equity 256,958 509,308    
Total liabilities and shareholders’ equity 2,339,061 2,709,107    
Parent Company        
Current assets:        
Cash and cash equivalents 8,367 23,666 $ 20,335 $ 15,800
Receivables:        
Oil and natural gas sales 27,184 41,820    
Joint interest and other 115,017 142,885    
Total receivables 142,201 184,705    
Deferred income taxes 34,656 9,797    
Prepaid expenses and other assets 14,400 28,728    
Total current assets 199,624 246,896    
Property and equipment - at cost:        
Oil and natural gas properties and equipment 6,058,159 6,038,915    
Furniture, fixtures and other 23,495 23,269    
Total property and equipment 6,081,654 6,062,184    
Less accumulated depreciation, depletion and amortization 4,705,609 4,442,899    
Net property and equipment 1,376,045 1,619,285    
Restricted deposits for asset retirement obligations 15,501 15,444    
Other assets 911,505 974,049    
Total assets 2,502,675 2,855,674    
Current liabilities:        
Accounts payable 122,627 188,654    
Undistributed oil and natural gas proceeds 28,152 36,130    
Asset retirement obligations 10,153 30,711    
Accrued liabilities 28,592 17,437    
Total current liabilities 189,524 272,932    
Long-term debt, less current maturities 1,426,437 1,360,057    
Asset retirement obligations, less current portion 240,943 235,876    
Deferred income taxes 382 59,616    
Other liabilities 388,431 417,885    
Shareholders’ equity:        
Common stock 1 1    
Additional paid-in capital 417,325 414,580    
Retained earnings (accumulated deficit) (136,201) 118,894    
Treasury stock, at cost (24,167) (24,167)    
Total shareholders’ equity 256,958 509,308    
Total liabilities and shareholders’ equity 2,502,675 2,855,674    
Guarantor Subsidiaries        
Receivables:        
Oil and natural gas sales 18,937 25,422    
Total receivables 18,937 25,422    
Deferred income taxes 1,865 1,865    
Prepaid expenses and other assets 4,442 7,619    
Total current assets 25,244 34,906    
Property and equipment - at cost:        
Oil and natural gas properties and equipment 2,075,085 2,006,751    
Total property and equipment 2,075,085 2,006,751    
Less accumulated depreciation, depletion and amortization 1,249,930 1,132,179    
Net property and equipment 825,155 874,572    
Other assets 316,253 349,912    
Total assets 1,166,652 1,259,390    
Current liabilities:        
Accounts payable 5,650 5,455    
Undistributed oil and natural gas proceeds 1,019 879    
Asset retirement obligations 6,347 5,292    
Accrued liabilities 85,345 99,180    
Total current liabilities 98,361 110,806    
Asset retirement obligations, less current portion 123,780 118,689    
Deferred income taxes 107,818 127,372    
Shareholders’ equity:        
Additional paid-in capital 703,237 703,440    
Retained earnings (accumulated deficit) 133,456 199,083    
Total shareholders’ equity 836,693 902,523    
Total liabilities and shareholders’ equity 1,166,652 1,259,390    
Eliminations        
Receivables:        
Joint interest and other (85,717) (99,240)    
Total receivables (85,717) (99,240)    
Deferred income taxes (33,325)      
Total current assets (119,042) (99,240)    
Property and equipment - at cost:        
Other assets (1,211,224) (1,306,717)    
Total assets (1,330,266) (1,405,957)    
Current liabilities:        
Accrued liabilities (85,717) (99,240)    
Total current liabilities (85,717) (99,240)    
Deferred income taxes (33,325)      
Other liabilities (374,531) (404,194)    
Shareholders’ equity:        
Additional paid-in capital (703,237) (703,440)    
Retained earnings (accumulated deficit) (133,456) (199,083)    
Total shareholders’ equity (836,693) (902,523)    
Total liabilities and shareholders’ equity $ (1,330,266) $ (1,405,957)