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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 255,722 $ 137,260
Restricted cash - other 1,746 2,264
Accounts receivable, net 34,735 21,505
Derivative contracts 4,429 0
Prepaid expenses 523 626
Other current assets 7,747 80
Total current assets 304,902 161,735
Oil and natural gas properties, using full cost method of accounting    
Proved 1,507,690 1,454,016
Unproved 11,516 12,255
Less: accumulated depreciation, depletion and impairment (1,380,574) (1,373,217)
Net oil and natural gas properties capitalized costs 138,632 93,054
Other property, plant and equipment, net 92,244 97,791
Other assets 190 332
Deferred tax assets 64,529 0
Total assets 600,497 352,912
Current liabilities    
Accounts payable and accrued expenses 46,335 45,779
Asset retirement obligations 16,074 17,606
Derivative contracts 0 21
Other current liabilities 870 627
Total current liabilities 63,279 64,033
Asset retirement obligations, net of current 47,635 41,762
Other long-term obligations 1,661 1,795
Total liabilities 112,575 107,590
Commitments and contingencies
Stockholders’ Equity    
Common stock, $0.001 par value; 250,000 shares authorized; 36,868 issued and outstanding at December 31, 2022 and 36,675 issued and outstanding at December 31, 2021 37 37
Warrants 0 88,520
Additional paid-in capital 1,151,689 1,062,737
Accumulated deficit (663,804) (905,972)
Total stockholders’ equity 487,922 245,322
Total liabilities and stockholders’ equity $ 600,497 $ 352,912