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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 1,121 $ 2,118
Accounts receivable 49,777 25,850
Fair value of commodity derivatives 2,806 4,821
Other current assets 1,875 2,184
Total Current Assets 55,579 34,973
Property and Equipment:    
Property, Plant and Equipment, Gross 1,611,953 1,343,373
Less - Accumulated depreciation, depletion, and amortization (869,985) (801,279)
Property, Plant and Equipment, Net 741,968 542,094
Right of use assets 16,065 4,366
Fair value of long-term commodity derivatives 201 281
Other Long-Term Assets 5,641 1,421
Total Assets 819,454 583,135
Current Liabilities:    
Accounts payable and accrued liabilities 35,034 26,991
Fair value of commodity derivatives 47,453 8,171
Accrued capital costs 7,354 7,324
Accrued interest 697 983
Current lease liability 7,222 3,473
Undistributed oil and gas revenues 23,577 11,098
Total Current Liabilities 121,337 58,040
Long-Term Debt 372,825 424,905
Non-current lease liability 9,090 951
Deferred tax liabilities, net 6,516 303
Asset Retirement Obligation 5,526 4,533
Fair value of long-term commodity derivatives 8,585 2,946
Other long-term liabilities 3,043 424
Stockholders' Equity:    
Preferred Stock, Value, Outstanding 0 0
Common Stock, Value, Issued 168 121
Additional paid-in capital $ 413,017 $ 297,712
Treasury Stock, Shares 191,670 117,084
Treasury Stock, Value $ (2,984) $ (2,372)
Retained earnings (Accumulated deficit) (117,669) (204,428)
Total Stockholders' Equity (Deficit) 292,532 91,033
Total Liabilities and Stockholders' Equity 819,454 583,135
Capitalized Costs, Unproved Properties $ 17,090 $ 28,090
Preferred Stock, Par or Stated Value Per Share $ 0.01 $ 0.01
Preferred Stock, Shares Authorized 10,000,000 10,000,000
Common Stock, Par or Stated Value Per Share $ 0.01 $ 0.01
Common Stock, Shares Authorized 40,000,000 40,000,000
Common Stock, Shares, Issued 16,822,845 12,053,763
Common Stock, Shares, Outstanding 16,631,175 11,936,679