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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 32,774 $ 314,466
Accounts receivable, net of allowance for doubtful accounts 72,943 51,415
Derivative assets 81,166 0
Prepayments and other current assets 2,898 1,782
Total current assets 189,781 367,663
Property and equipment - at cost, successful efforts method for oil and gas properties:    
Proved oil and gas properties 2,195,310 1,361,168
Unproved oil and gas properties, excluded from amortization 468,208 84,676
Furniture, equipment and other 20,662 17,899
Property, plant and equipment, gross 2,684,180 1,463,743
Accumulated depreciation, depletion, amortization and impairment (654,657) (444,863)
Total property and equipment, net 2,029,523 1,018,880
Derivative assets 27,289 0
Deferred financing costs and other noncurrent assets 5,867 4,163
Total 2,252,460 1,390,706
Current liabilities:    
Accounts payable and accrued liabilities 131,379 84,055
Amounts payable to oil and gas property owners 55,792 16,594
Production taxes payable 59,155 26,876
Derivative liabilities 0 20,940
Current portion of long-term debt 1,859 469
Total current liabilities 248,185 148,934
Long-term debt, net of debt issuance costs 617,387 617,744
Asset retirement obligations 27,330 16,097
Deferred income taxes 139,534 0
Derivatives and other noncurrent liabilities 7,926 9,377
Commitments and contingencies (Note 13)
Stockholders' equity:    
Common stock, $0.001 par value; authorized 400,000,000 and 300,000,000 shares at December 31, 2018 and 2017 respectively; 212,477,101 and 110,363,539 shares issued and outstanding at December 31, 2018 and 2017, respectively, with 2,912,166 and 1,394,868 shares subject to restrictions, respectively 210 109
Additional paid-in capital 1,771,730 1,279,507
Retained earnings (accumulated deficit) (559,842) (681,062)
Treasury stock, at cost: zero shares at December 31, 2018 and 2017 0 0
Total stockholders' equity 1,212,098 598,554
Total $ 2,252,460 $ 1,390,706