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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 24,876 $ 49,704
Restricted cash 325 325
Accounts receivable 25,086 29,514
Short-term derivative instruments 276 18,813
Prepaid expenses and other current assets 9,738 7,241
Total current assets 60,301 105,597
Property and equipment, at cost:    
Oil and natural gas properties, successful efforts method 609,414 598,331
Support equipment and facilities 110,725 108,760
Other 6,687 6,625
Accumulated depreciation, depletion and impairment (96,701) (85,535)
Property and equipment, net 630,125 628,181
Long-term derivative instruments 288 2,469
Restricted investments 94,536 94,467
Operating lease - long term right-of-use asset 5,011 0
Other long-term assets 5,922 6,129
Total assets 796,183 836,843
Current liabilities:    
Accounts payable 4,580 2,345
Revenues payable 24,136 24,779
Accrued liabilities (see Note 13) 21,199 23,155
Short-term derivative instruments 9,108 139
Total current liabilities 59,023 50,418
Long-term debt (see Note 8) 270,000 294,000
Asset retirement obligations 77,082 75,867
Long-term derivative instruments 1,429 0
Operating lease liability 3,090 0
Other long-term liabilities 62 0
Total liabilities 410,686 420,285
Commitments and contingencies (see Note 15)
Stockholders' equity:    
Preferred stock, $0.0001 par value: 45,000,000 shares authorized; no shares issued and outstanding at March 31, 2019 and December 31, 2018, respectively 0 0
Warrants, 2,173,913 warrants issued and outstanding at March 31, 2019 and December 31, 2018, respectively 4,788 4,788
Common stock, $0.0001 par value: 300,000,000 shares authorized; 22,258,450 and 22,181,881 shares issued and outstanding at March 31, 2019 and December 31, 2018, respectively 3 3
Additional paid-in capital 356,288 355,872
Accumulated earnings (deficit) 24,418 55,895
Total stockholders' equity 385,497 416,558
Total liabilities and equity $ 796,183 $ 836,843