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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 113,054 $ 15,856
Restricted cash 0 4,370
Accounts receivable, net 268,818 206,539
Inventory 29,423 33,929
Prepaid expenses 8,226 9,729
Derivative instruments 0 467
Other current assets 3,002 727
Total current assets 422,523 271,617
Property, plant and equipment    
Oil and gas properties (successful efforts method) 839,328 810,328
Other property and equipment 936,224 935,950
Less: accumulated depreciation, depletion and amortization (56,003) (17,491)
Total property, plant and equipment, net 1,719,549 1,728,787
Assets held for sale, net 0 5,500
Long-term inventory 15,805 14,522
Operating right-of-use assets 5,486 6,083
Intangible assets 42,986 43,667
Goodwill 70,534 70,534
Deferred income taxes 2,670 0
Other assets 17,625 18,327
Total assets 2,297,178 2,159,037
Current liabilities    
Accounts payable 6,492 3,242
Revenues and production taxes payable 185,044 146,497
Accrued liabilities 152,217 126,284
Accrued interest payable 509 980
Derivative instruments 156,450 56,944
Advances from joint interest partners 2,661 2,723
Current operating lease liabilities 2,143 2,607
Other current liabilities 3,123 1,954
Total current liabilities 508,639 341,231
Long-term debt 674,238 710,000
Deferred income taxes 0 984
Asset retirement obligations 47,398 46,363
Derivative instruments 96,560 37,614
Operating lease liabilities 1,934 2,362
Other liabilities 6,406 7,744
Total liabilities 1,335,175 1,146,298
Commitments and contingencies (Note 17)
Stockholders’ equity    
Common stock, $0.01 par value: 60,000,000 shares authorized; 20,093,084 shares issued and 20,093,084 shares outstanding at March 31, 2021 and 20,093,017 shares issued and 20,093,017 shares outstanding at December 31, 2020 200 200
Additional paid-in capital 958,081 965,654
Accumulated deficit (93,504) (49,912)
Oasis share of stockholders’ equity 864,777 915,942
Non-controlling interests 97,226 96,797
Total stockholders’ equity 962,003 1,012,739
Total liabilities and stockholders’ equity $ 2,297,178 $ 2,159,037