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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 2,118 $ 1,358
Accounts receivable 25,850 36,996
Fair value of commodity derivatives 4,821 12,833
Other current assets 2,184 2,121
Total Current Assets 34,973 53,308
Property and Equipment:    
Property and Equipment, Full-Cost Method, including $28,090 and $41,201 of unproved property costs not being amortized 1,343,373 1,247,717
Less - Accumulated depreciation, depletion, and amortization (801,279) (380,728)
Property and Equipment, Net 542,094 866,989
Operating Lease, Right-of-Use Asset 4,366 9,374
Fair value of long-term commodity derivatives 281 3,854
Deferred Tax Assets, Net 0 22,669
Other Long-Term Assets 1,421 3,622
Total Assets 583,135 959,816
Current Liabilities:    
Accounts payable and accrued liabilities 26,991 39,343
Fair value of commodity derivatives 8,171 6,644
Accrued capital costs 7,324 17,889
Accrued interest 983 1,397
Current lease liability 3,473 6,707
Undistributed oil and gas revenues 11,098 9,166
Total Current Liabilities 58,040 81,146
Long-Term Debt 424,905 472,900
Non-current lease liability 951 2,813
Deferred tax liabilities, net 303 1,582
Asset Retirement Obligation 4,533 4,055
Fair value of long-term commodity derivatives 2,946 1,613
Other long-term liabilities 424 0
Stockholders' Equity:    
Preferred Stock, Value, Outstanding 0 0
Common Stock, Value, Issued 121 119
Additional paid-in capital 297,712 292,916
Treasury Stock, Value (2,372) (2,282)
Retained earnings (Accumulated deficit) (204,428) 104,954
Total Stockholders' Equity (Deficit) 91,033 395,707
Total Liabilities and Stockholders' Equity $ 583,135 $ 959,816