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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 163,514 $ 137,260
Restricted cash - other 2,264 2,264
Accounts receivable, net 26,711 21,505
Prepaid expenses 3,141 626
Other current assets 80 80
Total current assets 195,710 161,735
Oil and natural gas properties, using full cost method of accounting    
Proved 1,459,713 1,454,016
Unproved 12,478 12,255
Less: accumulated depreciation, depletion and impairment (1,374,767) (1,373,217)
Net oil and natural gas properties 97,424 93,054
Other property, plant and equipment, net 96,282 97,791
Other assets 294 332
Total assets 389,710 352,912
Current liabilities    
Accounts payable and accrued expenses 47,292 45,779
Derivative contracts 0 21
Asset retirement obligation 17,373 17,606
Other current liabilities 643 627
Total current liabilities 65,308 64,033
Asset retirement obligation 42,554 41,762
Other long-term obligations 1,653 1,795
Total liabilities 109,515 107,590
Commitments and Contingencies
Stockholders’ Equity    
Common stock, $0.001 par value; 250,000 shares authorized; 36,726 issued and outstanding at March 31, 2022 and 36,675 issued and outstanding at December 31, 2021 37 37
Warrants 88,520 88,520
Additional paid-in capital 1,062,886 1,062,737
Accumulated deficit (871,248) (905,972)
Total stockholders’ equity 280,195 245,322
Total liabilities and stockholders’ equity $ 389,710 $ 352,912