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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 34,233 $ 87,022
Accounts receivable    
Trade, net 106,220 107,842
Joint interest, net 50,471 16,552
Other 18,448 6,346
Assets from price risk management activities 6,876 8,393
Prepaid assets 29,285 65,877
Other current assets 1,859 1,952
Total current assets 247,392 293,984
Property and equipment:    
Proved properties 4,945,550 4,066,260
Unproved properties, not subject to amortization 254,994 194,532
Other property and equipment 32,853 29,843
Total property and equipment 5,233,397 4,290,635
Accumulated depreciation, depletion and amortization (2,697,228) (2,065,023)
Total property and equipment, net 2,536,169 2,225,612
Other long-term assets:    
Assets from price risk management activities 945  
Other well equipment inventory 18,927 7,732
Operating lease assets 6,855 7,779
Other assets 24,258 54,375
Total assets 2,834,546 2,589,482
Current liabilities:    
Accounts payable 104,864 71,357
Accrued liabilities 163,379 154,816
Accrued royalties 27,903 31,729
Current portion of asset retirement obligations 49,921 61,051
Liabilities from price risk management activities 66,010 19,476
Accrued interest payable 9,509 10,249
Current portion of operating lease liabilities 1,793 1,594
Other current liabilities 24,155 20,180
Total current liabilities 447,534 370,452
Long-term liabilities:    
Long-term debt, net of discount and deferred financing costs 985,512 732,981
Asset retirement obligations 392,348 308,427
Liabilities from price risk management activities 9,625 511
Operating lease liabilities 18,554 17,239
Other long-term liabilities 54,372 81,595
Total liabilities 1,907,945 1,511,205
Commitments and contingencies (Note 12)
Stockholdersʼ Equity:    
Preferred stock, $0.01 par value; 30,000,000 shares authorized and no shares issued or outstanding as of December 31, 2020 and 2019
Common stock $0.01 par value; 270,000,000 shares authorized; 81,279,989 and 54,197,004 shares issued and outstanding as of December 31, 2020 and 2019, respectively 813 542
Additional paid-in capital 1,659,800 1,346,142
Accumulated deficit (734,012) (268,407)
Total stockholdersʼ equity 926,601 1,078,277
Total liabilities and stockholdersʼ equity $ 2,834,546 $ 2,589,482