Current Assets |
Cash and cash equivalents |
29.55M |
Accounts receivable |
Trade |
93.51M |
Accrued sales revenues |
137.43M |
Inventory, prepaid expenses and other |
16.47M |
Total Current Assets |
300.64M |
Oil and gas properties (full cost method), at cost |
Proved oil and gas properties |
4.27B |
Unproved oil and gas properties |
528.25M |
Wells in progress |
Equipment and facilities |
27.81M |
Less-accumulated depletion, depreciation, amortization, accretion and writedowns |
-895.1M |
Net oil and gas properties |
3.93B |
Property and equipment, net of accumulated depreciation of $454 at June 30, 2011 and $377 at December 31, 2010 |
3.95M |
Deferred financing costs, net of amortization of $387 at June 30, 2011 and $83 at December 31, 2010 |
37.01M |
Total Assets |
4.27B |
Current Liabilities |
Accounts payable and accrued liabilities |
237.56M |
Advances from joint interest owners |
Commodity price risk management liability |
Total Current Liabilities |
267.95M |
Noncurrent Liabilities |
Long term debt |
870M |
Commodity price risk management liability |
Asset retirement obligations |
20.56M |
Total Noncurrent Liabilities |
2.65B |
Total Liabilities |
2.92B |
Commitments and Contingencies - Note 10 |
Stockholders' Equity: |
Common stock - no par value; unlimited authorized Issued and outstanding: 181,703,439 shares as of June 30, 2011 and 178,168,205 shares as of December 31, 2010 |
1.04B |
Contributed surplus |
Accumulated deficit |
311.09M |
Total Stockholders' Equity |
Total Liabilities and Stockholders' Equity |
4.27B |