XML 13 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 107,855 $ 87,022
Accounts receivable    
Trade, net 67,042 107,842
Joint interest, net 52,777 16,552
Other 21,697 6,346
Assets from price risk management activities 72,666 8,393
Prepaid assets 45,689 65,877
Other current assets 1,982 1,952
Total current assets 369,708 293,984
Property and equipment:    
Proved properties 4,674,529 4,066,260
Unproved properties, not subject to amortization 274,690 194,532
Other property and equipment 32,262 29,843
Total property and equipment 4,981,481 4,290,635
Accumulated depreciation, depletion and amortization (2,247,009) (2,065,023)
Total property and equipment, net 2,734,472 2,225,612
Other long-term assets:    
Assets from price risk management activities 1,409  
Other well equipment inventory 14,458 7,732
Operating lease assets 7,351 7,779
Other assets 47,250 54,375
Total assets 3,174,648 2,589,482
Current liabilities:    
Accounts payable 104,151 71,357
Accrued liabilities 184,992 154,816
Accrued royalties 12,772 31,729
Current portion of asset retirement obligations 44,977 61,051
Liabilities from price risk management activities 26,615 19,476
Accrued interest payable 10,603 10,249
Current portion of operating lease liabilities 1,695 1,594
Other current liabilities 22,073 20,180
Total current liabilities 407,878 370,452
Long-term liabilities:    
Long-term debt, net of discount and deferred financing costs 997,041 732,981
Asset retirement obligations 387,083 308,427
Liabilities from price risk management activities 7,018 511
Operating lease liabilities 19,228 17,239
Other long-term liabilities 61,847 81,595
Total liabilities 1,880,095 1,511,205
Commitments and contingencies (Note 11)
Stockholders' Equity:    
Preferred stock, $0.01 par value; 30,000,000 shares authorized and no shares issued or outstanding as of June 30, 2020 and December 31, 2019
Common stock $0.01 par value; 270,000,000 shares authorized; 68,414,782 and 54,197,004 shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively 684 542
Additional paid-in capital 1,545,138 1,346,142
Accumulated deficit (251,269) (268,407)
Total stockholders' equity 1,294,553 1,078,277
Total liabilities and stockholders' equity $ 3,174,648 $ 2,589,482