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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash $ 10,364 $ 0
Restricted cash 0 325
Accounts receivable, net 30,901 33,145
Short-term derivative instruments 0 5,879
Prepaid expenses and other current assets 15,572 13,238
Total current assets 56,837 52,587
Property and equipment, at cost:    
Oil and natural gas properties, successful efforts method 775,167 797,005
Support equipment and facilities 142,208 140,023
Other 9,102 8,045
Accumulated depreciation, depletion and impairment (609,231) (141,350)
Property and equipment, net 317,246 803,723
Long-term derivative instruments 873 6,364
Restricted investments 4,623 4,622
Operating lease - long term right-of-use asset 2,500 4,406
Other long-term assets 2,680 5,837
Total assets 384,759 877,539
Current liabilities:    
Accounts payable 798 8,310
Revenues payable 22,563 29,167
Accrued liabilities (see Note 14) 22,677 23,358
Short-term derivative instruments 10,824 253
Total current liabilities 56,862 61,088
Long-term debt (see Note 9) 260,516 285,000
Asset retirement obligations 96,725 90,466
Long-term derivative instruments 847 305
Operating lease liability 266 2,720
Other long-term liabilities 3,280 3,753
Total liabilities 418,496 443,332
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, 2020 and 2019, respectively 0 0
Warrants, 2,173,913 and 9,153,522 warrants issued and outstanding at December 31, 2020 and 2019, respectively 4,788 4,790
Common stock, $0.01 par value: 250,000,000 shares authorized; 37,663,509 and 37,566,540 shares issued and outstanding at December 31, 2020 and 2019, respectively 378 209
Additional paid-in capital 424,104 424,399
Accumulated earnings (deficit) (463,007) 4,809
Total stockholders' equity (deficit) (33,737) 434,207
Total liabilities and equity $ 384,759 $ 877,539