| Assets |
| Cash and cash equivalents |
224.74M |
| Restricted cash |
15.04M |
| Accounts receivable (net of allowance of $225 and $225, respectively) |
85.43M |
| Deferred tax asset |
2.66M |
| Derivative asset |
0 |
| Other current assets |
18.22M |
| Total current assets |
346.09M |
| Oil and gas properties (using the successful efforts method of accounting): |
| Proved properties |
5.05B |
| Unproved properties |
24.69M |
| Total oil and gas |
5.07B |
| Less accumulated depletion, depreciation, impairment and amortization |
-1.85B |
| Oil and gas properties, net |
3.22B |
| Restricted cash |
10M |
| Deferred financing costs, net |
37.87M |
| Other assets, net |
23.39M |
| Total assets |
3.64B |
| Liabilities and Equity |
| Accounts payable and accruals |
295.6M |
| Current maturities of long-term debt |
36.63M |
| Asset retirement obligation |
53.05M |
| Deferred tax liability |
0 |
| Derivative liability |
117.48M |
| Current maturities of other long-term obligations |
111.25M |
| Total current liabilities |
614.01M |
| Long-term debt |
2.12B |
| Other long-term obligations |
594.43M |
| Asset retirement obligation |
119.06M |
| Deferred tax liability |
41.74M |
| Derivative liability |
1.12M |
| Total liabilities |
3.49B |
| Commitments and contingencies (Note 13) |
0 |
| Temporary equity: |
| Redeemable noncontrolling interest |
115.82M |
| 8% convertible perpetual preferred stock: $0.001 par value; 785,189 issued and outstanding at June 30, 2011; None issued at December 31, 2010; Liquidation value of $78.5 million |
71.19M |
| Shareholders' equity: |
| 8% convertible perpetual preferred stock: $0.001 par value, 10,000,000 shares authorized; 2,339,811 issued and outstanding at June 30, 2011; 1,400,000 issued and outstanding at December 31, 2010. Liquidation value of $234.0 million and $140.0 million at June 30, 2011 and December 31, 2010, respectively. |
219.55M |
| Common stock: $0.001 par value, 100,000,000 shares authorized; 51,691,526 issued and 51,615,686 outstanding at June 30, 2011; 51,347,163 issued and 51,271,323 outstanding at December 31, 2010 |
52K |
| Additional paid-in capital |
527.1M |
| Accumulated deficit |
-687.67M |
| Accumulated other comprehensive loss |
-92.57M |
| Treasury stock, at cost |
-911K |
| Total shareholders' equity |
-34.44M |
| Total liabilities and equity |
3.64B |
