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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 1,868 $ 4,295
Accounts receivable, net 40,162 32,242
Assets from derivative contracts 813 8,559
Prepaids and other 1,195 2,740
Total current assets 44,038 47,836
Oil and natural gas properties (full cost method):    
Evaluated 550,522 509,274
Unevaluated 76,136 75,494
Gross oil and natural gas properties 626,658 584,768
Less - accumulated depletion (327,233) (295,163)
Net oil and natural gas properties 299,425 289,605
Other operating property and equipment:    
Other operating property and equipment 3,106 3,535
Less - accumulated depreciation (1,012) (1,149)
Net other operating property and equipment 2,094 2,386
Other noncurrent assets:    
Assets from derivative contracts 110 4,009
Operating lease right of use assets 811 310
Other assets 2,737 2,351
Total assets 349,215 346,497
Current liabilities:    
Accounts payable and accrued liabilities 60,403 58,928
Liabilities from derivative contracts 74,287 22,125
Current portion of long-term debt 149 1,720
Operating lease liabilities 365 403
Total current liabilities 135,204 83,176
Long-term debt 155,000 158,489
Other noncurrent liabilities:    
Liabilities from derivative contracts 9,536 4,291
Asset retirement obligations 11,786 10,583
Operating lease liabilities 446  
Commitments and contingencies (Note 10)
Stockholders' equity:    
Common stock: 100,000,000 shares of $0.0001 par value authorized;16,273,913 and 16,203,979 shares issued and outstanding as of September 30, 2021 and December 31, 2020, respectively 2 2
Additional paid-in capital 331,660 330,123
Retained earnings (accumulated deficit) (294,419) (240,167)
Total stockholders' equity 37,243 89,958
Total liabilities and stockholders' equity $ 349,215 $ 346,497