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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 69,852 $ 34,233
Accounts receivable    
Trade, net 173,241 106,220
Joint interest, net 28,165 50,471
Other 18,062 18,448
Assets from price risk management activities 967 6,876
Prepaid assets 48,042 29,285
Other current assets 1,674 1,859
Total current assets 340,003 247,392
Property and equipment:    
Proved properties 5,232,479 4,945,550
Unproved properties, not subject to amortization 219,055 254,994
Other property and equipment 29,091 32,853
Total property and equipment 5,480,625 5,233,397
Accumulated depreciation, depletion and amortization (3,092,043) (2,697,228)
Total property and equipment, net 2,388,582 2,536,169
Other long-term assets:    
Assets from price risk management activities 2,770 945
Other well equipment inventory 17,449 18,927
Operating lease assets 5,714 6,855
Other assets 12,297 24,258
Total assets 2,766,815 2,834,546
Current liabilities:    
Accounts payable 85,815 104,864
Accrued liabilities 130,459 163,379
Accrued royalties 59,037 27,903
Current portion of long-term debt 6,060 0
Current portion of asset retirement obligations 60,311 49,921
Liabilities from price risk management activities 186,526 66,010
Accrued interest payable 37,542 9,509
Current portion of operating lease liabilities 1,715 1,793
Other current liabilities 33,061 24,155
Total current liabilities 600,526 447,534
Long-term liabilities:    
Long-term debt, net of discount and deferred financing costs 956,667 985,512
Asset retirement obligations 373,695 392,348
Liabilities from price risk management activities 13,938 9,625
Operating lease liabilities 16,330 18,554
Other long-term liabilities 45,006 54,372
Total liabilities 2,006,162 1,907,945
Commitments and contingencies (Note 12)
Stockholdersʼ Equity:    
Preferred stock, $0.01 par value; 30,000,000 shares authorized and no shares issued or outstanding as of December 31, 2021 and 2020 0 0
Common stock $0.01 par value; 270,000,000 shares authorized; 81,881,477 and 81,279,989 shares issued and outstanding as of December 31, 2021 and 2020, respectively 819 813
Additional paid-in capital 1,676,798 1,659,800
Accumulated deficit (916,964) (734,012)
Total stockholdersʼ equity 760,653 926,601
Total liabilities and stockholdersʼ equity $ 2,766,815 $ 2,834,546