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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 7,139 $ 867
Accounts receivable:    
Joint owners, net 4,556 17,110
Oil and gas production sales 17,711 21,991
Other 1,002 535
Total accounts receivable 23,269 39,636
Derivative asset - short-term 4,388 9,602
Assets held for sale 7,876
Other current assets 921 626
Total current assets 43,593 50,731
Proved oil and gas properties, full cost method 1,153,672 1,091,905
Other property and equipment 39,580 39,453
Total 1,193,252 1,131,358
Less accumulated depreciation, depletion, amortization and impairment (806,916) (768,140)
Total property and equipment, net 386,336 363,218
Operating lease ROU asset 441
Deferred financing fees, net 822 1,149
Derivative asset, long-term 9,577 10,527
Other assets 255 265
Total assets 441,024 425,890
Current liabilities:    
Accounts payable 32,542 39,571
Joint interest oil and gas production payable 19,062 23,063
Accrued interest 283 335
Other accrued expenses 1,235 511
Operating lease liability - current 189
Derivative liability short-term 5,560 616
Current maturities of long-term debt 276 267
Total current liabilities 59,147 64,363
Long-term debt – less current maturities 200,883 183,091
Operating lease liabilities - long-term 224
Derivative liability long-term 1,754 4,434
Future site restoration 7,443 7,492
Total liabilities 269,451 259,380
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; 168,399,643 and 166,713,784 issued and outstanding at September 30, 2019 and December 31, 2018, respectively 1,684 1,667
Additional paid-in capital 419,626  
Accumulated deficit (249,737) (253,001)
Total stockholders’ equity 171,573 166,510
Total liabilities and stockholders’ equity $ 441,024 $ 425,890