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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 3,624 $ 996
Accounts receivable, net 14,341 7,221
Prepaid obligations 781 590
Other current assets 568 104
Total Current Assets 19,314 8,911
Property and Equipment, at cost    
Oil and gas properties (successful efforts method), net 176,497 185,098
Field and office equipment, net 5,774 5,955
Total Property and Equipment, Net 182,271 191,053
Other assets 593 520
Total Assets 202,178 200,484
Current Liabilities    
Accounts payable 11,387 5,217
Accrued liabilities 6,896 6,787
Due to Related Parties 34 38
Current portion of long-term debt 1,365 487
Current portion of asset retirement and other long-term obligations 816 867
Derivative liability short-term 6,177 724
Total Current Liabilities 26,675 14,120
Long-Term Bank Debt 32,164 38,267
Asset Retirement Obligations 13,281 12,891
Derivative Liability Long-Term 1,657 44
Deferred Income Taxes 34,667 36,367
Other Long-Term Obligations 759 797
Total Liabilities 109,203 102,486
Commitments and Contingencies
Equity    
Common stock, $.10 par value; Authorized: 2,810,000 shares; Outstanding: 1,994,177 shares 281 281
Paid-in capital 7,560 7,541
Retained earnings 121,783 126,804
Treasury stock, at cost; 815,823 shares (37,502) (37,502)
Total Stockholders' Equity – PrimeEnergy Resources 92,122 97,124
Non-controlling interest 853 874
Total Equity 92,975 97,998
Total Liabilities and Equity $ 202,178 $ 200,484