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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 285,814 $ 255,722
Restricted cash - other 1,750 1,746
Accounts receivable, net 26,572 34,735
Derivative contracts 0 4,429
Prepaid expenses 2,318 523
Other current assets 7,544 7,747
Total current assets 323,998 304,902
Oil and natural gas properties, using full cost method of accounting    
Proved 1,519,873 1,507,690
Unproved 11,565 11,516
Less: accumulated depreciation, depletion and impairment (1,382,740) (1,380,574)
Net oil and natural gas properties 148,698 138,632
Other property, plant and equipment, net 90,641 92,244
Other assets 311 190
Deferred tax assets 64,529 64,529
Total assets 628,177 600,497
Current liabilities    
Accounts payable and accrued expenses 49,142 46,335
Asset retirement obligation 16,075 16,074
Other current liabilities 1,061 870
Total current liabilities 66,278 63,279
Asset retirement obligation 48,560 47,635
Other long-term obligations 1,474 1,661
Total liabilities 116,312 112,575
Commitments and contingencies (Note 6)
Stockholders’ Equity    
Common stock, $0.001 par value; 250,000 shares authorized; 36,902 issued and outstanding at March 31, 2023 and 36,868 issued and outstanding at December 31, 2022 37 37
Additional paid-in capital 1,151,874 1,151,689
Accumulated deficit (640,046) (663,804)
Total stockholders’ equity 511,865 487,922
Total liabilities and stockholders’ equity $ 628,177 $ 600,497