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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 388,915 $ 15,856
Restricted cash 0 4,370
Accounts receivable, net 302,506 206,539
Inventory 32,833 33,929
Prepaid expenses 5,186 9,729
Derivative instruments 0 467
Other current assets 2,892 727
Total current assets 732,332 271,617
Property, plant and equipment    
Oil and gas properties (successful efforts method) 689,958 810,328
Other property and equipment 946,054 935,950
Less: accumulated depreciation, depletion and amortization (81,327) (17,491)
Total property, plant and equipment, net 1,554,685 1,728,787
Restricted cash – non–current 400,000 0
Assets held for sale, net 0 5,500
Derivative instruments 32,860 0
Long-term inventory 8,683 14,522
Operating right-of-use assets 4,951 6,083
Intangible assets 42,305 43,667
Goodwill 70,534 70,534
Other assets 90,366 18,327
Total assets 2,936,716 2,159,037
Current liabilities    
Accounts payable 4,867 3,242
Revenues and production taxes payable 189,963 146,497
Accrued liabilities 223,119 126,284
Accrued interest payable 11,082 980
Derivative instruments 256,055 56,944
Advances from joint interest partners 2,334 2,723
Current operating lease liabilities 2,193 2,607
Other current liabilities 1,812 1,954
Total current liabilities 691,425 341,231
Long-term debt 1,044,474 710,000
Deferred income taxes 984 984
Asset retirement obligations 44,993 46,363
Derivative instruments 125,594 37,614
Operating lease liabilities 1,552 2,362
Other liabilities 5,921 7,744
Total liabilities 1,914,943 1,146,298
Commitments and contingencies (Note 18)
Stockholders’ equity    
Common stock, $0.01 par value: 60,000,000 shares authorized; 20,095,116 shares issued and 19,904,333 shares outstanding at June 30, 2021 and 20,093,017 shares issued and 20,093,017 shares outstanding at December 31, 2020 200 200
Treasury stock, at cost: 190,783 shares at June 30, 2021 and no shares at December 31, 2020 (14,560) 0
Additional paid-in capital 870,567 965,654
Accumulated deficit (20,140) (49,912)
Oasis share of stockholders’ equity 836,067 915,942
Non-controlling interests 185,706 96,797
Total stockholders’ equity 1,021,773 1,012,739
Total liabilities and stockholders’ equity $ 2,936,716 $ 2,159,037