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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 203,442 $ 137,260
Restricted cash - other 1,743 2,264
Accounts receivable, net 32,187 21,505
Prepaid expenses 3,198 626
Other current assets 80 80
Total current assets 240,650 161,735
Oil and natural gas properties, using full cost method of accounting    
Proved 1,477,699 1,454,016
Unproved 11,487 12,255
Less: accumulated depreciation, depletion and impairment (1,376,147) (1,373,217)
Net oil and natural gas properties 113,039 93,054
Other property, plant and equipment, net 94,851 97,791
Other assets 268 332
Total assets 448,808 352,912
Current liabilities    
Accounts payable and accrued expenses 56,635 45,779
Derivative contracts 0 21
Asset retirement obligation 17,256 17,606
Other current liabilities 702 627
Total current liabilities 74,593 64,033
Asset retirement obligation 43,482 41,762
Other long-term obligations 1,606 1,795
Total liabilities 119,681 107,590
Commitments and Contingencies
Stockholders’ Equity    
Common stock, $0.001 par value; 250,000 shares authorized; 36,742 issued and outstanding at June 30, 2022 and 36,675 issued and outstanding at December 31, 2021 37 37
Warrants 88,520 88,520
Additional paid-in capital 1,063,326 1,062,737
Accumulated deficit (822,756) (905,972)
Total stockholders’ equity 329,127 245,322
Total liabilities and stockholders’ equity $ 448,808 $ 352,912