Accounts Payable and Accrued Liabilities

6 Months Ended

Jun. 30, 2019

Payables and Accruals [Abstract]

ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

NOTE 5 – ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

Accounts payable and accrued liabilities at June 30, 2019 and December 31, 2018 consist of the following:

(in thousands)	June 30, 2019		December 31, 2018
Accounts payable	$	4,982	$	7,670
Oil and gas revenue suspense		3,123		2,675
Gathering and transportation payables		1,788		1,774
Production taxes payable		2,520		1,860
Accrued operating costs		875		3,155
Accrued ad valorem taxes – current		6,104		3,474
Accrued general and administrative expenses		1,750		3,111
Accrued asset retirement obligation – current		3,708		3,099
Accrued interest		1,513		955
Accrued gas purchases		2,912		5,440
Other liabilities		1,222		1,603
Total accounts payable and accrued liabilities	$	30,497	$	34,816