Current Assets |
Cash and cash equivalents |
26.76M |
Accounts receivable - trade |
9.88M |
Restricted investments in U.S. Treasury Bonds-available for sale, at fair value |
1.45M |
Other current assets |
5.44M |
Total current assets |
54.61M |
Other Assets |
Oil and gas properties-at cost, based on full cost method of accounting, net of accumulated depreciation, depletion and amortization (includes unproved properties excluded from amortization of $24,876 and $25,732 as of June 30, 2011 and December 31, 2010) |
162.69M |
Property and equipment-at cost, net |
1.55M |
Restricted investments in U.S. Treasury Bonds-available for sale, at fair value |
0 |
Derivative financial instruments |
Other assets |
3.11M |
Total other assets |
179.85M |
Total Assets |
234.46M |
Current Liabilities |
Current maturities of debentures and other long-term liabilities |
Accounts payable and accruals |
42.97M |
Derivative financial instruments |
Total current liabilities |
519.7M |
Long-Term Liabilities |
Debentures, less current portion |
0 |
Other long-term liabilities, less current portion |
38.32M |
Derivative financial instruments |
Line of credit |
Total noncurrent Liabilities |
Commitments and Contingencies |
0 |
Stockholders' Equity |
8% convertible preferred stock, par value $.0001; authorized 10,000,000 shares, issued and outstanding, 10,703 shares and 10,703 in 2011 and 2010, respectively (aggregate liquidation preference $128 in 2011 and $128 in 2010) |
128K |
Common stock - $.0001 par value; authorized, 100,000,000 shares; issued 71,475,044 shares in 2011 and 71,338,149 shares in 2010 |
9K |
Additional paid-in-capital |
516.72M |
Accumulated deficit |
-840.61M |
Accumulated other comprehensive income, net of applicable income taxes of $110 in 2011 and $103 in 2010 |
190K |
Total Stockholders' equity excluding common stock in Treasury |
Less common stock in Treasury-at cost; 632,250 shares in 2011 and 2010 |
Total stockholders' equity |
Total Liabilities and Stockholders' Equity |
234.46M |