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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 238,859 $ 137,260
Restricted cash - other 1,744 2,264
Accounts receivable, net 31,075 21,505
Derivative contracts 4,040 0
Prepaid expenses 1,346 626
Other current assets 1,582 80
Total current assets 278,646 161,735
Oil and natural gas properties, using full cost method of accounting    
Proved 1,493,956 1,454,016
Unproved 11,553 12,255
Less: accumulated depreciation, depletion and impairment (1,377,639) (1,373,217)
Net oil and natural gas properties 127,870 93,054
Other property, plant and equipment, net 93,691 97,791
Other assets 230 332
Total assets 500,437 352,912
Current liabilities    
Accounts payable and accrued expenses 54,077 45,779
Derivative contracts 0 21
Asset retirement obligation 17,142 17,606
Other current liabilities 841 627
Total current liabilities 72,060 64,033
Asset retirement obligation 44,321 41,762
Other long-term obligations 1,757 1,795
Total liabilities 118,138 107,590
Commitments and Contingencies
Stockholders’ Equity    
Common stock, $0.001 par value; 250,000 shares authorized; 36,865 issued and outstanding at September 30, 2022 and 36,675 issued and outstanding at December 31, 2021 37 37
Warrants 88,518 88,520
Additional paid-in capital 1,062,775 1,062,737
Accumulated deficit (769,031) (905,972)
Total stockholders’ equity 382,299 245,322
Total liabilities and stockholders’ equity $ 500,437 $ 352,912