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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Sep. 30, 2021
Current Assets:    
Cash and cash equivalents $ 8,317 $ 17,067
Accounts receivable 18,002 17,473
Accounts receivable - related parties 0 456
Prepaid expenses and other current assets 4,902 1,730
Current derivative assets 83 0
Total current assets 31,304 36,726
Oil and natural gas properties, net (successful efforts) 359,131 345,797
Other property and equipment, net 3,174 3,183
Non-current derivative assets 267 106
Other non-current assets, net 2,293 2,419
Total Assets 396,169 388,231
Current Liabilities:    
Accounts payable 7,737 12,234
Accounts payable - related parties 164 0
Accrued liabilities 12,874 19,355
Revenue payable 11,370 9,008
Current derivative liabilities 30,984 42,144
Other current liabilities 947 874
Total Current Liabilities 64,076 83,615
Non-current derivative liabilities 9,515 8,932
Asset retirement obligations 2,261 2,306
Revolving credit facility 65,000 60,000
Deferred tax liabilities 17,384 11,628
Other non-current liabilities 95 60
Total Liabilities 158,331 166,541
Commitments and Contingencies (Note 13)
Shareholders' Equity:    
Preferred stock, $0.0001 par value, 25,000,000 shares authorized; 0 shares issued and outstanding 0 0
Common stock, $0.001 par value, 240,000,000 shares authorized; 19,836,885 and 19,672,050 shares issued and outstanding at December 31, 2021 and September 30, 2021, respectively 20 20
Additional paid-in capital 271,737 270,837
Accumulated deficit (33,919) (49,167)
Total Shareholders' Equity 237,838 221,690
Total Liabilities and Shareholders' Equity $ 396,169 $ 388,231