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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 448,608 $ 15,856
Restricted cash 0 4,370
Accounts receivable, net 269,740 206,539
Inventory 28,309 33,929
Prepaid expenses 4,274 9,729
Derivative instruments 0 467
Other current assets 2,326 727
Total current assets 753,257 271,617
Property, plant and equipment    
Oil and gas properties (successful efforts method) 733,585 810,328
Other property and equipment 962,174 935,950
Less: accumulated depreciation, depletion and amortization (112,915) (17,491)
Total property, plant and equipment, net 1,582,844 1,728,787
Restricted cash – non–current 400,000 0
Assets held for sale, net 0 5,500
Derivative instruments 39,717 0
Long-term inventory 17,510 14,522
Operating right-of-use assets 5,115 6,083
Intangible assets 41,624 43,667
Goodwill 70,534 70,534
Other assets 88,911 18,327
Total assets 2,999,512 2,159,037
Current liabilities    
Accounts payable 5,522 3,242
Revenues and production taxes payable 232,217 146,497
Accrued liabilities 129,000 126,284
Accrued interest payable 26,361 980
Derivative instruments 266,337 56,944
Advances from joint interest partners 1,874 2,723
Current operating lease liabilities 1,914 2,607
Other current liabilities 1,859 1,954
Total current liabilities 665,084 341,231
Long-term debt 1,041,895 710,000
Deferred income taxes 984 984
Asset retirement obligations 45,974 46,363
Derivative instruments 142,516 37,614
Operating lease liabilities 1,706 2,362
Other liabilities 8,022 7,744
Total liabilities 1,906,181 1,146,298
Commitments and contingencies (Note 18)
Stockholders’ equity    
Common stock, $0.01 par value: 60,000,000 shares authorized; 20,096,011 shares issued and 19,905,228 shares outstanding at September 30, 2021 and 20,093,017 shares issued and 20,093,017 shares outstanding at December 31, 2020 200 200
Treasury stock, at cost: 190,783 shares at September 30, 2021 and no shares at December 31, 2020 (14,560) 0
Additional paid-in capital 866,992 965,654
Retained earnings (accumulated deficit) 51,810 (49,912)
Oasis share of stockholders’ equity 904,442 915,942
Non-controlling interests 188,889 96,797
Total stockholders’ equity 1,093,331 1,012,739
Total liabilities and stockholders’ equity $ 2,999,512 $ 2,159,037