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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 43,487 $ 46,864
Accounts receivable, net 43,375 36,806
Assets from derivative contracts 3,596 1,383
Restricted cash 150 1,495
Prepaids and other 1,268 1,366
Total current assets 91,876 87,914
Oil and natural gas properties (full cost method):    
Evaluated 593,525 569,886
Unevaluated 64,885 64,305
Gross oil and natural gas properties 658,410 634,191
Less - accumulated depletion (349,843) (339,776)
Net oil and natural gas properties 308,567 294,415
Other operating property and equipment:    
Other operating property and equipment 3,627 3,467
Less - accumulated depreciation (1,079) (1,035)
Net other operating property and equipment 2,548 2,432
Other noncurrent assets:    
Assets from derivative contracts 5,195 2,515
Operating lease right of use assets 631 721
Other assets 1,973 2,270
Total assets 410,790 390,267
Current liabilities:    
Accounts payable and accrued liabilities 81,370 62,826
Liabilities from derivative contracts 103,232 58,322
Current portion of long-term debt 5,000 85
Operating lease liabilities 373 369
Total current liabilities 189,975 121,602
Long-term debt, net 177,463 181,565
Other noncurrent liabilities:    
Liabilities from derivative contracts 58,166 7,144
Asset retirement obligations 12,005 11,896
Operating lease liabilities 258 352
Other 1,971 4,003
Commitments and contingencies (Note 10)
Stockholders' equity:    
Common stock: 100,000,000 shares of $0.0001 par value authorized; 16,337,030 and 16,273,913 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively 2 2
Additional paid-in capital 332,178 332,187
Retained earnings (accumulated deficit) (361,228) (268,484)
Total stockholders' equity (29,048) 63,705
Total liabilities and stockholders' equity $ 410,790 $ 390,267