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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 54,874 $ 22,711
Accounts receivable 5,949 3,363
Prepaid expenses 2,801 25
Right-of-use assets 541
Inventory 405 184
Deposits 50 61,550
Notes receivable 4,193
Total current assets 64,620 92,026
Oil and natural gas properties, using the successful efforts method of accounting:    
Proved properties 272,167 178,835
Unproved properties 204,335 228,105
Accumulated depletion, depreciation and amortization (10,135) (1,566)
Total oil and natural gas properties, net 466,367 405,374
Other property and equipment, net 415 508
Right-of-use assets 100
Total assets 531,502 497,908
Current liabilities:    
Accounts payable - trade 8,971 11,118
Accrued liabilities 5,214 19,678
Operating leases 538
Revenues payable 329 184
Total current liabilities 15,052 30,980
Noncurrent liabilities:    
Deferred income taxes 40,496
Asset retirement obligations 2,399 2,212
Operating leases 103
Commitments and contingencies
Stockholders' equity / partners' capital:    
Partners' capital   464,716
Preferred stock, $0.0001 par value, 10,000,000 shares authorized, none issued and outstanding at September 30, 2020
Common stock, $0.0001 par value, 600,000,000 shares authorized, 91,592,354 shares issued and outstanding at September 30, 2020 9
Additional paid-in capital 575,739
Accumulated deficit (102,296)
Total stockholders' equity 473,452  
Total liabilities and stockholders' equity / partners' capital $ 531,502 $ 497,908