Annual report pursuant to Section 13 and 15(d)

FRESH START ACCOUNTING - Reorganization Adjustment to Liabilities Subject to Compromise and Gain on Liabilities Subject to Compromise (Details)

v3.22.4
FRESH START ACCOUNTING - Reorganization Adjustment to Liabilities Subject to Compromise and Gain on Liabilities Subject to Compromise (Details)
$ in Thousands
 5 Months Ended
May 17, 2021
USD ($)
Reorganization, Chapter 11 [Line Items]  
Liabilities subject to compromise $ 2,224,449
Reorganization Chapter11 Plan Effect Adjustment General Unsecured Claims settled via Class 4A, 4B, and 5B distributions  
Reorganization, Chapter 11 [Line Items]  
Liabilities subject to compromise 74,098
Reorganization Chapter11 Plan Effect Adjustment, Predecessor Senior Notes and associated interest  
Reorganization, Chapter 11 [Line Items]  
Liabilities subject to compromise 1,842,035
Reorganization Chapter11 Plan Effect Adjustment, Pre-Petition Revolving Credit Facility  
Reorganization, Chapter 11 [Line Items]  
Liabilities subject to compromise 197,500
Reorganization Chapter11 Plan Effect Adjustment Reinstatement of Predecessor Claims as Successor liabilities  
Reorganization, Chapter 11 [Line Items]  
Liabilities subject to compromise 45,475
Reorganization Chapter11 Plan Effect Adjustment Reinstatement of Predecessor asset retirement obligations  
Reorganization, Chapter 11 [Line Items]  
Liabilities subject to compromise 65,341
Reorganization Adjustments  
Reorganization, Chapter 11 [Line Items]  
Liabilities subject to compromise (2,224,449)
Pre-petition General Unsecured Claims Settled at Emergence 74,098
Predecessor Senior Notes Claims settled at Emergence 1,842,035
Pre-Petition Revolving Credit Facility 197,500
Rollover of Pre-Petition Revolving Credit Facility into Exit RBL Facility (197,500)
Accrued payable for claims to be settled via Unsecured Claims Distribution Trust (1,000)
Accrued payable for claims to be settled via Convenience Claims Cash Pool (3,000)
Accrued payable for claims to be settled via Parent Cash Pool (10,000)
Accrued payable for shares to be transferred to trust (54,109)
Issuance of Common Stock to settle Predecessor liabilities (639,666)
Issuance of 2026 Senior Notes in settlement of Class 4B and 5B claims (550,000)
Gain on settlement of liabilities subject to compromise $ 658,358