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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 867 $ 1,618
Accounts receivable:    
Joint owners, net 17,110 14,218
Oil and gas production sales 21,991 17,789
Other 535 86
Total accounts receivable 39,636 32,093
Derivative asset - short-term 9,602
Other current assets 626 778
Total current assets 50,731 34,489
Proved oil and gas properties 1,091,905 923,237
Other property and equipment 39,453 39,136
Total 1,131,358 962,373
Less accumulated depreciation, depletion, amortization and impairment (768,140) (724,606)
Total property and equipment - net 363,218 237,767
Derivative asset, long-term 10,527
Deferred financing fees - net 1,149 1,285
Other assets 265 265
Total assets 425,890 273,806
Current liabilities:    
Accounts payable 39,571 45,570
Joint interest oil and gas production payable 23,063 11,502
Accrued interest 335 140
Other accrued liabilities 511 539
Derivative liability, current 616 10,837
Current maturities of long-term debt 267 262
Total current liabilities 64,363 68,850
Long-term debt - less current maturities 183,091 87,354
Other liabilities 132
Derivative liability, long-term 4,434 2,387
Future site restoration 7,492 8,775
Total liabilities 259,380 167,498
Commitments and contingencies (Note 9)
Stockholders' Equity    
Preferred stock, par value $0.01 per share - authorized 1,000,000 shares; - 0- shares issued and outstanding
Common stock, par value $0.01 per share, authorized 400,000,000 shares; 165,889,901 and 166,713,784 issued and outstanding at December 31, 2017 and 2018, respectively 1,667 1,659
Additional paid-in capital 417,844 415,471
Accumulated deficit (253,001) (310,822)
Total stockholders' equity 166,510 106,308
Total liabilities and stockholders' equity $ 425,890 $ 273,806