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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash $ 10,930 $ 50,833
Revenue receivable 65,702 72,287
Advances to operators 19,855 8,908
Prepaid costs and other 2,239 4,203
Derivative assets - commodity derivatives 16,608 10,089
Total current assets 115,334 146,320
Property and equipment:    
Oil and gas properties, successful efforts method 1,154,886 1,028,662
Accumulated depletion (417,442) (383,673)
Total property and equipment, net 737,444 644,989
Long-term assets:    
Other long-term assets 3,305 3,468
Total long-term assets 3,305 3,468
Total assets 856,083 794,777
Current liabilities:    
Accrued expenses 69,601 62,180
Other liabilities 2,350 1,523
Derivative liabilities - commodity derivatives 13 431
Total current liabilities 71,964 64,134
Long-term liabilities:    
Long-term debt 25,000 0
Derivative liabilities - common stock warrants 6,624 11,902
Asset retirement obligations 5,916 4,745
Deferred tax liability 101,522 91,592
Total long-term liabilities 139,062 108,239
Total liabilities 211,026 172,373
Stockholders' Equity:    
Common stock, $0.0001 par value, 431,000,000 shares authorized, 133,477,494 and 133,294,897 issued at March 31, 2023 and December 31, 2022, respectively 13 13
Additional paid-in capital 592,578 590,232
Retained earnings 54,496 32,388
Treasury stock, at cost, 311,133 and 25,920 shares at March 31, 2023 and December 31, 2022, respectively (2,030) (229)
Total stockholders' equity 645,057 622,404
Total liabilities and stockholders' equity $ 856,083 $ 794,777