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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
CURRENT ASSETS    
Cash and cash equivalents $ 12,056 $ 5,959
Accounts receivable 77,402 119,332
Assets held for sale 1,047  
Other current assets 35,509 8,639
Total current assets 126,014 133,930
Oil and natural gas properties, successful efforts method:    
Unproved properties 508,576 482,475
Proved oil and gas properties, net 1,251,105 807,583
Other property and equipment, net 11,226 6,300
Total property and equipment, net 1,770,907 1,296,358
OTHER NONCURRENT ASSETS    
Other assets 7,616 3,481
Operating lease right-of-use assets 36,975  
Assets held for sale 9,665  
TOTAL ASSETS 1,951,177 1,433,769
CURRENT LIABILITIES    
Accounts payable 119,907 116,735
Accrued capital expenditures 43,500 12,979
Accrued liabilities 53,866 56,909
Accrued interest payable 21,308 21,661
Liabilities associated with assets held for sale 2,815  
Operating lease liability 12,666  
Total current liabilities 254,062 208,284
NONCURRENT LIABILITIES    
Debt, net of unamortized discount and debt issuance costs 500,541 497,778
Revolving credit facility 130,000 32,500
Asset retirement obligations 29,877 7,110
Other liabilities 8,029 611
Operating lease liability 24,569  
Liabilities associated with assets held for sale 7,013  
Total liabilities 954,091 746,283
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Preferred stock, 50,000,000 authorized, no shares issued and outstanding
Common stock, $0.01 par value, 1,000,000,000 authorized, 35,770,934 and 20,169,063 shares issued and outstanding, respectively 383 3,043
Additional paid in capital 2,352,309 2,065,119
Treasury stock, shares at cost; 2,508,485 and 1,747,624 shares, respectively (10,049) (3,357)
Accumulated deficit (1,345,557) (1,377,319)
Total stockholders’ equity 997,086 687,486
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,951,177 $ 1,433,769