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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 43,640 $ 46,864
Accounts receivable, net 53,002 36,806
Assets from derivative contracts 6,146 1,383
Restricted cash 135 1,495
Prepaids and other 927 1,366
Total current assets 103,850 87,914
Oil and natural gas properties (full cost method):    
Evaluated 632,004 569,886
Unevaluated 64,760 64,305
Gross oil and natural gas properties 696,764 634,191
Less - accumulated depletion (362,257) (339,776)
Net oil and natural gas properties 334,507 294,415
Other operating property and equipment:    
Other operating property and equipment 4,045 3,467
Less - accumulated depreciation (1,027) (1,035)
Net other operating property and equipment 3,018 2,432
Other noncurrent assets:    
Assets from derivative contracts 3,972 2,515
Operating lease right of use assets 539 721
Other assets 3,329 2,270
Total assets 449,215 390,267
Current liabilities:    
Accounts payable and accrued liabilities 97,334 62,826
Liabilities from derivative contracts 91,750 58,322
Current portion of long-term debt 15,000 85
Operating lease liabilities 377 369
Asset retirement obligations 401  
Total current liabilities 204,862 121,602
Long-term debt, net 188,372 181,565
Other noncurrent liabilities:    
Liabilities from derivative contracts 58,138 7,144
Asset retirement obligations 11,686 11,896
Operating lease liabilities 162 352
Other 1,408 4,003
Commitments and contingencies (Note 10)
Stockholders' equity:    
Common stock: 100,000,000 shares of $0.0001 par value authorized; 16,337,910 and 16,273,913 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively 2 2
Additional paid-in capital 332,766 332,187
Retained earnings (accumulated deficit) (348,181) (268,484)
Total stockholders' equity (15,413) 63,705
Total liabilities and stockholders' equity $ 449,215 $ 390,267