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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 230,706 $ 255,722
Restricted cash - other 1,537 1,746
Accounts receivable, net 25,657 34,735
Derivative contracts 0 4,429
Prepaid expenses 926 523
Other current assets 1,479 7,747
Total current assets 260,305 304,902
Oil and natural gas properties, using full cost method of accounting    
Proved 1,538,863 1,507,690
Unproved 11,189 11,516
Less: accumulated depreciation, depletion and impairment (1,388,781) (1,380,574)
Net oil and natural gas properties 161,271 138,632
Other property, plant and equipment, net 87,824 92,244
Other assets 3,172 190
Deferred tax assets 64,529 64,529
Total assets 577,101 600,497
Current liabilities    
Accounts payable and accrued expenses 38,937 46,335
Asset retirement obligation 15,574 16,074
Other current liabilities 659 870
Total current liabilities 55,170 63,279
Asset retirement obligation 50,382 47,635
Other long-term obligations 2,032 1,661
Total liabilities 107,584 112,575
Commitments and contingencies (Note 7)
Shareholders’ Equity    
Common stock, $0.001 par value; 250,000 shares authorized; 37,091 issued and outstanding at September 30, 2023 and 36,868 issued and outstanding at December 31, 2022 37 37
Additional paid-in capital 1,074,219 1,151,689
Accumulated deficit (604,739) (663,804)
Total shareholders’ equity 469,517 487,922
Total liabilities and shareholders’ equity $ 577,101 $ 600,497