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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 16,449 $ 32,774
Accounts receivable, net of allowance for doubtful accounts 62,120 72,943
Derivative assets 3,916 81,166
Prepayments and other current assets 3,952 2,898
Total current assets 86,437 189,781
Property and equipment — at cost, successful efforts method for oil and gas properties:    
Proved oil and gas properties 2,644,129 2,195,310
Unproved oil and gas properties, excluded from amortization 357,793 468,208
Furniture, equipment and other 29,804 20,662
Property, plant and equipment, gross 3,031,726 2,684,180
Accumulated depreciation, depletion, amortization and impairment 967,552 654,657
Total property and equipment, net 2,064,174 2,029,523
Derivative assets 0 27,289
Other noncurrent assets 5,441 5,867
Total 2,156,052 2,252,460
Current liabilities:    
Accounts payable and accrued liabilities 71,638 131,379
Amounts payable to oil and gas property owners 37,922 55,792
Production taxes payable 61,507 59,155
Derivative liabilities 4,411 0
Current portion of long-term debt 0 1,859
Total current liabilities 175,478 248,185
Long-term debt, net of debt issuance costs 758,911 617,387
Asset retirement obligations 23,491 27,330
Deferred income taxes 97,418 139,534
Other noncurrent liabilities 17,436 7,926
Commitments and contingencies (Note 14)
Stockholders' equity:    
Common stock, $0.001 par value; authorized 400,000,000 shares; 213,669,597 and 212,477,101 shares issued and outstanding at December 31, 2019 and 2018, respectively, with 2,968,497 and 2,912,166 shares subject to restrictions, respectively 211 210
Additional paid-in capital 1,777,779 1,771,730
Retained earnings (accumulated deficit) (694,672) (559,842)
Treasury stock, at cost: zero shares at December 31, 2019 and 2018 0 0
Total stockholders' equity 1,083,318 1,212,098
Total $ 2,156,052 $ 2,252,460