v3.21.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 257,584 $ 43,726
Receivables:    
Oil and natural gas sales 38,326 38,830
Joint interest, net 13,012 10,840
Income taxes 20  
Total receivables 51,358 49,670
Prepaid expenses and other assets (Note 1) 73,642 13,832
Total current assets 382,584 107,228
Oil and natural gas properties and other, net (Note 1) 653,936 686,878
Restricted deposits for asset retirement obligations 29,873 29,675
Deferred income taxes 113,177 94,331
Other assets (Note 1) 63,776 22,470
Total assets 1,243,346 940,582
Current liabilities:    
Accounts payable 78,782 48,612
Undistributed oil and natural gas proceeds 30,759 19,167
Asset retirement obligations 27,545 17,188
Accrued liabilities (Note 1) 196,486 29,880
Current portion of long-term debt 46,201  
Income tax payable   153
Total current liabilities 379,773 115,000
Long-term debt (Note 2)    
Principal 709,481 632,460
Unamortized debt issuance costs (13,310) (7,174)
Long-term debt, net 696,171 625,286
Asset retirement obligations, less current portion 380,329 375,516
Other liabilities (Note 1) 83,814 32,938
Deferred income taxes 148 128
Commitments and contingencies (Note 11)
Shareholders' deficit:    
Preferred stock, $0.00001 par value; 20,000 shares authorized; none issued at September 30, 2021 and December 31, 2020
Common stock, $0.00001 par value; 200,000 shares authorized; 145,236 issued and 142,367 outstanding at September 30, 2021; 145,174 issued and 142,305 outstanding at December 31, 2020 1 1
Additional paid-in capital 552,118 550,339
Retained deficit (824,841) (734,459)
Treasury stock, at cost; 2,869 shares at September 30, 2021 and December 31, 2020 (24,167) (24,167)
Total shareholders' deficit (296,889) (208,286)
Total liabilities and shareholders' deficit $ 1,243,346 $ 940,582

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