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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 4,275 $ 17,660
Restricted cash - other 1,693 1,985
Accounts receivable, net 28,644 45,503
Derivative contracts 114 5,286
Prepaid expenses 3,342 2,628
Other current assets 538 265
Total current assets 38,606 73,327
Oil and natural gas properties, using full cost method of accounting    
Proved 1,484,359 1,269,091
Unproved 24,603 60,152
Less: accumulated depreciation, depletion and impairment (1,129,622) (580,132)
Net oil and natural gas properties capitalized costs 379,340 749,111
Other property, plant and equipment, net 188,603  
Other property, plant and equipment, net   200,838
Other assets 1,140 1,062
Total assets 607,689 1,024,338
Current liabilities    
Accounts payable and accrued expenses 64,937 111,797
Asset retirement obligations 22,119 25,393
Other current liabilities 1,367 0
Total current liabilities 88,423 137,190
Long-term debt 57,500 0
Asset retirement obligations 52,897 34,671
Other long-term obligations 6,417 4,756
Total liabilities 205,237 176,617
Commitments and contingencies (Note 13)
Stockholders’ Equity    
Common stock, $0.001 par value; 250,000 shares authorized; 35,772 issued and outstanding at December 31, 2019 and 35,687 issued and outstanding at December 31, 2018 36 36
Warrants 88,520 88,516
Additional paid-in capital 1,059,253 1,055,164
Accumulated deficit (745,357) (295,995)
Total stockholders’ equity 402,452 847,721
Total liabilities and stockholders’ equity $ 607,689 $ 1,024,338