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Consolidated balance sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 40,258 $ 40,857
Accounts receivable, net 60,298 85,223
Derivatives 81,129 51,929
Other current assets 17,828 22,470
Total current assets 199,513 200,479
Oil and natural gas properties, full cost method:    
Evaluated properties 7,773,776 7,421,799
Unevaluated properties not being depleted 83,558 142,354
Less accumulated depletion and impairment (6,669,537) (5,725,114)
Oil and natural gas properties, net 1,187,797 1,839,039
Midstream service assets, net 115,385 128,678
Other fixed assets, net 31,966 32,504
Property and equipment, net 1,335,148 2,000,221
Derivatives 9,117 23,387
Operating lease right-of-use assets 20,931 28,343
Other noncurrent assets, net 16,614 12,007
Total assets 1,581,323 2,264,437
Current liabilities:    
Accounts payable and accrued liabilities 46,090 40,521
Accrued capital expenditures 25,061 36,328
Undistributed revenue and royalties 25,492 33,123
Derivatives 852 7,698
Operating lease liabilities 11,812 14,042
Other current liabilities 33,801 39,184
Total current liabilities 143,108 170,896
Long-term debt, net 1,218,947 1,170,417
Derivatives 1,657 0
Asset retirement obligations 63,425 60,691
Operating lease liabilities 11,715 17,208
Other noncurrent liabilities 959 3,351
Total liabilities 1,439,811 1,422,563
Commitments and contingencies
Stockholders' equity:    
Preferred stock 0 0
Common stock [1] 120 2,373
Additional paid-in capital 2,395,487 2,385,355
Accumulated deficit (2,254,095) (1,545,854)
Total stockholders' equity 141,512 841,874
Total liabilities and stockholders' equity $ 1,581,323 $ 2,264,437
[1] Common stock shares were retroactively adjusted for the Company's 1-for-20 reverse stock split effective June 1, 2020. See Note 7.a.