v3.22.2.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 447,130 $ 245,799
Restricted cash 4,417 4,417
Receivables:    
Oil and natural gas sales 89,195 54,919
Joint interest, net 16,815 9,745
Total receivables 106,010 64,664
Prepaid expenses and other assets (Note 1) 53,014 43,379
Total current assets 610,571 358,259
Oil and natural gas properties and other, net (Note 1) 729,958 665,252
Restricted deposits for asset retirement obligations 21,760 16,019
Deferred income taxes 62,334 102,505
Other assets (Note 1) 65,681 51,172
Total assets 1,490,304 1,193,207
Current liabilities:    
Accounts payable 72,051 67,409
Undistributed oil and natural gas proceeds 59,518 36,243
Advances from joint interest partners 3,017 15,072
Asset retirement obligations 54,886 56,419
Accrued liabilities (Note 1) 154,236 106,140
Current portion of long-term debt 35,450 42,960
Income tax payable 1,613 133
Total current liabilities 380,771 324,376
Long-term debt, net (Note 2) 665,973 687,938
Asset retirement obligations, less current portion 398,724 368,076
Other liabilities (Note 1) 94,841 55,389
Deferred income taxes 113 113
Commitments and contingencies (Note 12) 4,899 4,495
Shareholders' deficit:    
Preferred stock, $0.00001 par value; 20,000 shares authorized; none issued at September 30, 2022 and December 31, 2021
Common stock, $0.00001 par value; 200,000 shares authorized; 146,031 issued and 143,162 outstanding at September 30, 2022; 145,732 issued and 142,863 outstanding at December 31, 2021 1 1
Additional paid-in capital 557,386 552,923
Retained deficit (588,237) (775,937)
Treasury stock, at cost; 2,869 shares at September 30, 2022 and December 31, 2021 (24,167) (24,167)
Total shareholders' deficit (55,017) (247,180)
Total liabilities and shareholders' deficit $ 1,490,304 $ 1,193,207

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