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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 46,864 $ 4,295
Accounts receivable, net 36,806 32,242
Assets from derivative contracts 1,383 8,559
Restricted cash 1,495  
Prepaids and other 1,366 2,740
Total current assets 87,914 47,836
Oil and natural gas properties (full cost method):    
Evaluated 569,886 509,274
Unevaluated 64,305 75,494
Gross oil and natural gas properties 634,191 584,768
Less - accumulated depletion (339,776) (295,163)
Net oil and natural gas properties 294,415 289,605
Other operating property and equipment:    
Other operating property and equipment 3,467 3,535
Less - accumulated depreciation (1,035) (1,149)
Net other operating property and equipment 2,432 2,386
Other noncurrent assets:    
Assets from derivative contracts 2,515 4,009
Operating lease right of use assets 721 310
Funds in escrow and other 2,270 2,351
Total assets 390,267 346,497
Current liabilities:    
Accounts payable and accrued liabilities 62,826 58,928
Liabilities from derivative contracts 58,322 22,125
Current portion of long-term debt 85 1,720
Operating lease liabilities 369 403
Total current liabilities 121,602 83,176
Long-term debt, net 181,565 158,489
Other noncurrent liabilities:    
Liabilities from derivative contracts 7,144 4,291
Asset retirement obligations 11,896 10,583
Operating lease liabilities 352  
Other 4,003  
Commitments and contingencies (Note 12)
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 December 31, 2021 and 2020, respectively 2 2
Additional paid-in capital 332,187 330,123
Retained earnings (accumulated deficit) (268,484) (240,167)
Total stockholders' equity 63,705 89,958
Total liabilities and stockholders' equity $ 390,267 $ 346,497