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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 11,203 $ 16,449
Accounts receivable, net of allowance 53,595 62,120
Derivative assets 126,207 3,916
Prepayments and other current assets 2,709 3,952
Total current assets 193,714 86,437
Property and equipment - at cost, successful efforts method for oil and gas properties:    
Proved oil and gas properties 2,657,302 2,644,129
Unproved oil and gas properties, excluded from amortization 315,216 357,793
Furniture, equipment and other 29,943 29,804
Property, plant and equipment, gross 3,002,461 3,031,726
Accumulated depreciation, depletion, amortization and impairment (2,210,712) (967,552)
Total property and equipment, net 791,749 2,064,174
Derivative assets 35,979 0
Other noncurrent assets 4,560 5,441
Total 1,026,002 2,156,052
Current Liabilities:    
Accounts payable and accrued liabilities 100,253 71,638
Amounts payable to oil and gas property owners 44,004 37,922
Production taxes payable 58,455 61,507
Derivative liabilities 0 4,411
Total current liabilities 202,712 175,478
Long-term debt, net of debt issuance costs 714,292 758,911
Asset retirement obligations 23,407 23,491
Deferred income taxes 2,137 97,418
Other noncurrent liabilities 14,982 17,436
Commitments and contingencies (Note 11)
Stockholders' Equity:    
Common stock, $0.001 par value; authorized 400,000,000 shares; 215,064,108 and 213,669,597 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively, with 3,531,812 and 2,968,497 shares subject to restrictions, respectively 212 211
Additional paid-in capital 1,778,571 1,777,779
Retained earnings (accumulated deficit) (1,710,311) (694,672)
Treasury stock, at cost: zero shares at March 31, 2020 and December 31, 2019 0 0
Total stockholders' equity 68,472 1,083,318
Total liabilities and stockholders' equity $ 1,026,002 $ 2,156,052