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Click line-items for a historical chart and %
| CURRENT ASSETS | |
| Cash and cash equivalents | 2.01M |
| Accounts receivable | |
| Joint interest billings | 1.76M |
| Revenue | 780.95K |
| Inventory | 359.52K |
| Derivative instruments | |
| Prepaid expenses | 14.37K |
| Total | 5.28M |
| Oil and gas properties (full cost method) | |
| 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 |
| OTHER ASSETS | |
| Deposit | 551.37K |
| Derivative instruments | |
| Note receivable | |
| Deferred financing costs | 629.36K |
| Total | 1.18M |
| TOTAL ASSETS | 51.28M |
| CURRENT LIABILITIES | |
| 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 |
| NONCURRENT LIABILITIES | |
| 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 |
| Series B Convertible Preferred stock | |
| STOCKHOLDERS' EQUITY | |
| Convertible Preferred stock | 0 |
| Series C Convertible Preferred stock | |
| STOCKHOLDERS' EQUITY | |
| Convertible Preferred stock | 182 |
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