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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net income (loss) $ (92,744) $ (33,375)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depletion, depreciation and accretion 10,220 10,595
Stock-based compensation, net 384 594
Unrealized loss (gain) on derivative contracts 91,038 36,052
Amortization of deferred loan costs 899
Reorganization items, net (744)
Accrued settlements on derivative contracts 12,809 4,568
Change in fair value of Change of Control Call Option (2,032)  
Other income (expense)   (117)
Change in assets and liabilities:    
Accounts receivable (5,638) (7,613)
Prepaids and other 98 149
Accounts payable and accrued liabilities (2,243) 2,505
Net cash provided by (used in) operating activities 12,047 13,358
Cash flows from investing activities:    
Oil and natural gas capital expenditures (15,684) (13,792)
Proceeds received from sale of oil and natural gas properties   1,076
Funds held in escrow and other (160) (3)
Net cash provided by (used in) investing activities (15,844) (12,719)
Cash flows from financing activities:    
Proceeds from borrowings   16,000
Repayments of borrowings (85) (19,000)
Debt issuance costs (379)
Other (461) (263)
Net cash provided by (used in) financing activities (925) (3,263)
Net increase (decrease) in cash, cash equivalents and restricted cash (4,722) (2,624)
Cash, cash equivalents and restricted cash at beginning of period 48,359 4,295
Cash, cash equivalents and restricted cash at end of period 43,637 1,671
Supplemental cash flow information:    
Cash paid for reorganization items $ 744