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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 2,167 $ 792
Accounts receivable, net 63,940 89,714
Fair value of commodity derivatives 79,979 52,549
Other current assets 2,672 2,671
Total Current Assets 148,758 145,726
Property and Equipment:    
Property and Equipment, full cost method 2,638,716 2,529,223
Less - Accumulated depreciation, depletion, and amortization (1,048,062) (1,004,044)
Net Furniture, Fixtures and other equipment 1,590,654 1,525,179
Capitalized Costs, unproved property balance 18,196 16,272
Right of Use Assets 10,229 12,077
Fair value of long-term commodity derivatives 26,645 24,172
Other Long-Term Assets 8,646 9,208
Total Assets 1,784,932 1,716,362
Current Liabilities:    
Accounts payable and accrued liabilities 51,599 60,200
Fair value of commodity derivatives 13,450 40,796
Accrued capital costs 45,264 56,465
Accrued interest 2,225 2,665
Current lease liability 7,165 8,553
Undistributed oil and gas revenues 16,743 27,160
Total Current Liabilities 136,446 195,839
Long-Term Debt 705,715 688,531
Non-current Lease Liability 3,303 3,775
Deferred Tax Liabilities 42,753 16,141
Asset Retirement Obligation 9,451 9,171
Fair value of long-term commodity derivatives 2,394 7,738
Other Long-Term Liabilities 565 3,588
Stockholders' Equity:    
Preferred Stock, Value, Outstanding 0 0
Common stock, $0.01 par value 231 227
Additional paid-in capital 577,293 576,118
Treasury stock held, at cost (10,479) (7,534)
Retained earnings (Accumulated deficit) 317,260 222,768
Total Stockholders' Equity (Deficit) 884,305 791,579
Total Liabilities and Stockholders' Equity $ 1,784,932 $ 1,716,362
Preferred Stock, Par or Stated Value Per Share $ 0.01 $ 0.01
Preferred Stock, Shares Authorized 10,000,000 10,000,000
Preferred Stock, Shares Outstanding 0 0
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 23,081,653 22,663,135
Common Stock, Shares, Outstanding 22,602,018 22,309,740
Treasury Stock, Shares 479,635 353,395