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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash $ 15,150 $ 10,364
Accounts receivable, net 39,647 30,901
Prepaid expenses and other current assets 12,570 15,572
Total current assets 67,367 56,837
Property and equipment, at cost:    
Oil and natural gas properties, successful efforts method 786,089 775,167
Support equipment and facilities 144,458 142,208
Other 9,553 9,102
Accumulated depreciation, depletion and amortization (620,881) (609,231)
Property and equipment, net 319,219 317,246
Long-term derivative instruments 0 873
Restricted investments 4,623 4,623
Operating lease - long term right-of-use asset 1,771 2,500
Other long-term assets 2,345 2,680
Total assets 395,325 384,759
Current liabilities:    
Accounts payable 14,382 798
Revenues payable 19,159 22,563
Accrued liabilities (see Note 12) 26,060 22,677
Short-term derivative instruments 63,071 10,824
Total current liabilities 122,672 56,862
Long-term debt (see Note 7) 235,000 260,516
Asset retirement obligations 99,412 96,725
Long-term derivative instruments 17,739 847
Operating lease liability 301 266
Other long-term liabilities 7,576 3,280
Total liabilities 482,700 418,496
Commitments and contingencies (see Note 14)
Stockholders' equity (deficit):    
Preferred stock, $0.01 par value: 50,000,000 shares authorized; no shares issued and outstanding at June 30, 2021 and December 31, 2020 0 0
Warrants, 2,173,913 warrants issued and outstanding at June 30, 2021 and December 31, 2020 4,788 4,788
Common stock, $0.01 par value: 250,000,000 shares authorized; 37,987,145 and 37,663,509 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively 381 378
Additional paid-in capital 424,814 424,104
Accumulated deficit (517,358) (463,007)
Total stockholders' deficit (87,375) (33,737)
Total liabilities and equity $ 395,325 $ 384,759