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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 18,799 $ 10,364
Accounts receivable, net (see Note 13) 91,967 30,901
Prepaid expenses and other current assets 15,018 15,572
Total current assets 125,784 56,837
Property and equipment, at cost:    
Oil and natural gas properties, successful efforts method 799,532 775,167
Support equipment and facilities 145,324 142,208
Other 9,641 9,102
Accumulated depreciation, depletion and amortization (634,212) (609,231)
Property and equipment, net 320,285 317,246
Long-term derivative instruments 0 873
Restricted investments 4,622 4,623
Operating lease - long term right-of-use asset 2,716 2,500
Other long-term assets 1,693 2,680
Total assets 455,100 384,759
Current liabilities:    
Accounts payable 33,819 798
Revenues payable 20,374 22,563
Accrued liabilities (see Note 13) 57,826 22,677
Short-term derivative instruments 53,144 10,824
Total current liabilities 165,163 56,862
Long-term debt (see Note 8) 230,000 260,516
Asset retirement obligations 102,398 96,725
Long-term derivative instruments 9,664 847
Operating lease liability 2,017 266
Other long-term liabilities 10,699 3,280
Total liabilities 519,941 418,496
Commitments and contingencies (see Note 16)
Stockholders' equity (deficit):    
Preferred stock, $0.01 par value: 50,000,000 shares authorized; no shares issued and outstanding at December 31, 2021 and December 31, 2020 0 0
Warrants, 2,173,913 warrants issued and outstanding at December 31, 2021 and December 31, 2020 4,788 4,788
Common stock, $0.01 par value: 250,000,000 shares authorized; 38,024,142 and 37,663,509 shares issued and outstanding at December 31, 2021 and December 31, 2020, respectively 382 378
Additional paid-in capital 425,066 424,104
Accumulated deficit (495,077) (463,007)
Total stockholders' deficit (64,841) (33,737)
Total liabilities and equity $ 455,100 $ 384,759