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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 3,797 $ 996
Accounts receivable, net 10,243 7,221
Prepaid obligations 1,529 590
Other current assets 104 104
Total Current Assets 15,673 8,911
Property and Equipment, at cost    
Oil and gas properties (successful efforts method), net 176,493 185,098
Field and office equipment, net 5,901 5,955
Total Property and Equipment, Net 182,394 191,053
Other assets 438 520
Total Assets 198,505 200,484
Current Liabilities    
Accounts payable 8,544 5,217
Accrued liabilities 5,297 6,787
Due to related parties   38
Current portion of long-term debt 1,072 487
Current portion of asset retirement and other long-term obligations 893 867
Derivative liability short-term 4,860 724
Total Current Liabilities 20,666 14,120
Long-Term Bank Debt 32,682 38,267
Asset Retirement Obligations 13,906 12,891
Derivative Liability Long-Term 1,780 44
Deferred Income Taxes 34,853 36,367
Other Long-Term Obligations 489 797
Total Liabilities 104,376 102,486
Equity    
Common stock, $.10 par value; Authorized: 2,810,000 shares, Outstanding: 1,994,177 shares 281 281
Paid-in capital 7,541 7,541
Retained earnings 122,946 126,804
Treasury stock, at cost; 2021: 815,823 shares (37,502) (37,502)
Total Stockholders' Equity – PrimeEnergy Resources 93,266 97,124
Non-controlling interest 863 874
Total Equity 94,129 97,998
Total Liabilities and Equity $ 198,505 $ 200,484