Supplemental Disclosures to the Consolidated Balance Sheet and Condensed Statement of Cash Flows

12 Months Ended

Dec. 31, 2020

Supplemental Disclosures To Condensed Consolidated Statements Of Cash Flows [Abstract]

Supplemental Disclosures to the Consolidated Balance Sheet and Condensed Statement of Cash Flows

Note 14. Supplemental Disclosures to the Consolidated Balance Sheet and Condensed Statement of Cash Flows

Accrued Liabilities

Current accrued liabilities consisted of the following at the dates indicated (in thousands):

	December 31,		December 31,
	2020		2019
Accrued lease operating expense	$	8,978	$	11,794
Accrued commitment fee and other expense		4,404		—
Accrued general and administrative expense		3,349		3,126
Operating lease liability		2,258		1,712
Accrued production and ad valorem tax		2,601		520
Accrued capital expenditures		173		5,515
Asset retirement obligations		424		623
Accrued current income taxes		110		—
Accrued interest payable		26		36
Other		354		32
Accrued liabilities	$	22,677	$	23,358

Cash and Cash Equivalents Reconciliation

The following table provides a reconciliation of cash and cash equivalents on the Consolidated Balance Sheet to cash, cash equivalents and restricted cash on the Statements of Consolidated Cash Flows (in thousands):

	December 31,		December 31,
	2020		2019
Cash and cash equivalents	$	10,364	$	—
Restricted cash		—		325
Total cash, cash equivalents and restricted cash	$	10,364	$	325

Supplemental Cash Flows

Supplemental cash flow for the periods presented (in thousands):

	For the Year Ended
	December 31,
	2020			2019
Supplemental cash flows:
Cash paid for interest, net of amounts capitalized	$	10,331		$	15,937
Cash paid for reorganization items, net		566			1,057
Cash paid for taxes		85			—
Noncash investing and financing activities:
Change in capital expenditures in payables and accrued liabilities		(5,343	)		2,143
Assumption of asset retirement obligations related to Merger		—			9,440
Assets acquired & liabilities assumed in the Merger:
Accounts receivable		—			14,633
Prepaids and other current assets		—			3,229
Other non-current assets		—			9,075
Oil and natural gas properties		—			149,421
Other property and equipment		—			1,694
Accounts payable and other current liabilities		—			(24,135	)
Other non-current liabilities		—			(5,067	)
Long-term debt		—			(76,559	)
Issuance of common stock in connection with the Merger		—			91,541