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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 148,533 $ 182,633
Accounts receivable 61,243 105,775
Drilling advances 473 299
Other current assets 4,613 4,511
Total current assets 214,862 293,218
PROPERTY, PLANT AND EQUIPMENT    
Oil and natural gas properties 2,105,774 3,815,221
Other 4,063 3,087
Accumulated depreciation, depletion and amortization (939,888) (701,551)
Total property, plant and equipment, net 1,169,949 3,116,757
OTHER ASSETS    
Deferred financing costs, net 6,632 8,390
Equity method investment 21,789 19,730
Intangible assets, net 12,973 23,851
Other long-term assets 8,074 4,460
TOTAL ASSETS 1,434,279 3,466,406
CURRENT LIABILITIES    
Accounts payable 63,475 79,428
Other current liabilities (Note 8) 60,987 95,780
Total current liabilities 124,462 175,208
LONG-TERM LIABILITIES    
Long-term debt, net 390,787 389,835
Asset retirement obligations, net of current 100,800 93,524
Deferred taxes, net 0 77,834
Other long-term liabilities 6,049 1,476
Total long-term liabilities 497,636 562,669
COMMITMENTS AND CONTINGENCIES (Note 10)
Additional paid-in capital 1,709,043 1,703,362
Treasury Stock, at cost, 3,100 shares and 1,000 shares in 2020 and 2019, respectively (23,240) (10,277)
Retained earnings (Accumulated deficit) (1,153,195) 82,940
Noncontrolling interest 279,547 952,478
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 1,434,279 3,466,406
Class A Common Stock    
Common stock 17 17
Class B Common Stock    
Common stock $ 9 $ 9