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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 172,114 $ 10,709
Restricted cash 0 4,370
Accounts receivable, net 377,202 202,240
Inventory 28,956 21,624
Prepaid expenses 6,016 5,815
Derivative instruments 0 467
Other current assets 1,836 78
Current assets held for sale 1,029,318 26,314
Total current assets 1,615,442 271,617
Property, plant and equipment    
Oil and gas properties (successful efforts method) 1,395,837 810,604
Other property and equipment 48,981 51,505
Less: accumulated depreciation, depletion and amortization (124,386) (14,284)
Total property, plant and equipment, net 1,320,432 847,825
Derivative instruments 44,865 0
Long-term inventory 17,510 14,522
Operating right-of-use assets 15,782 4,440
Other assets 12,756 18,329
Non-current assets held for sale 0 1,002,304
Total assets 3,026,787 2,159,037
Current liabilities    
Accounts payable 2,136 2,562
Revenues and production taxes payable 270,306 144,865
Accrued liabilities 150,674 108,142
Accrued interest payable 2,150 620
Derivative instruments 89,447 56,944
Advances from joint interest partners 1,892 2,723
Current operating lease liabilities 7,893 1,662
Other current liabilities 1,046 1,604
Current liabilities held for sale 699,653 22,109
Total current liabilities 1,225,197 341,231
Long-term debt 392,524 260,000
Deferred income taxes 7 984
Asset retirement obligations 57,604 45,532
Derivative instruments 115,282 37,614
Operating lease liabilities 6,724 1,629
Other liabilities 7,876 3,557
Non-current liabilities held for sale 0 455,751
Total liabilities 1,805,214 1,146,298
Commitments and contingencies (Note 22)
Stockholders’ equity    
Common stock, $0.01 par value: 60,000,000 shares authorized; 20,147,199 shares issued and 19,276,181 shares outstanding at December 31, 2021 and 20,093,017 shares issued and 20,093,017 shares outstanding at December 31, 2020 200 200
Treasury stock, at cost: 871,018 and no shares at December 31, 2021 and December 31, 2020, respectively (100,000) 0
Additional paid-in capital 863,010 965,654
Retained earnings (accumulated deficit) 269,690 (49,912)
Oasis share of stockholders’ equity 1,032,900 915,942
Non-controlling interests 188,673 96,797
Total stockholders’ equity 1,221,573 1,012,739
Total liabilities and stockholders’ equity $ 3,026,787 $ 2,159,037