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Consolidated Balance Sheets - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 518,000 $ 516,000
Restricted cash 1,000,000 0
Accrued production receivable 91,421,000 139,407,000
Trade and other receivables, net 19,682,000 18,318,000
Derivative assets 187,000 11,936,000
Prepaids 14,038,000 10,434,000
Total current assets 126,846,000 180,611,000
Oil and natural gas properties (using full cost accounting)    
Proved properties 851,208,000 11,447,680,000
Unevaluated properties 85,304,000 872,910,000
CO2 properties 188,288,000 1,198,846,000
Pipelines 133,485,000 2,329,078,000
Other property and equipment 86,610,000 212,334,000
Less accumulated depletion, depreciation, amortization and impairment (41,095,000) (11,688,020,000)
Net property and equipment 1,303,800,000 4,372,828,000
Operating lease right-of-use assets 20,342,000 34,099,000
Intangible asset, net 97,362,000 22,139,000
Other assets 86,408,000 82,190,000
Total assets 1,634,758,000 4,691,867,000
Current liabilities    
Accounts payable and accrued liabilities 112,671,000 183,832,000
Oil and gas production payable 49,165,000 62,869,000
Derivative liabilities 53,865,000 8,346,000
Current maturities of long-term debt (including future interest payable of $0 and $86,054, respectively – see Note 8) 68,008,000 102,294,000
Operating lease liabilities 1,350,000 6,901,000
Total current liabilities 285,059,000 364,242,000
Long-term liabilities    
Long-term debt, net of current portion (including future interest payable of $0 and $78,860, respectively – see Note 8) 70,000,000 2,232,570,000
Asset retirement obligations 179,338,000 177,108,000
Derivative liabilities 5,087,000 0
Deferred tax liabilities, net 1,274,000 410,230,000
Operating lease liabilities 19,460,000 41,932,000
Other liabilities 20,872,000 53,526,000
Total long-term liabilities 296,031,000 2,915,366,000
Commitments and contingencies (Note 14)
Stockholders' equity    
Preferred stock, $.001 par value 0 0
Common stock, $.001 par value 50,000 508,000
Paid-in capital in excess of par 1,104,276,000 2,739,099,000
Predecessor treasury stock, at cost, 1,652,771 shares   (6,034,000)
Accumulated deficit (50,658,000) (1,321,314,000)
Total stockholders' equity 1,053,668,000 1,412,259,000
Total liabilities and stockholders' equity $ 1,634,758,000 $ 4,691,867,000