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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 5,647 $ 518
Restricted cash 400 1,000
Accrued production receivable 128,171 91,421
Trade and other receivables, net 18,322 19,682
Derivative assets 236 187
Prepaids 9,043 14,038
Total current assets 161,819 126,846
Oil and natural gas properties (using full cost accounting)    
Proved properties 936,742 851,208
Unevaluated properties 86,878 85,304
CO2 properties 188,516 188,288
Pipelines 133,722 133,485
Other property and equipment 92,037 86,610
Less accumulated depletion, depreciation, amortization and impairment (89,538) (41,095)
Net property and equipment 1,348,357 1,303,800
Operating lease right-of-use assets 19,832 20,342
Derivative assets 3,021 0
Intangible assets, net 95,096 97,362
Other assets 93,035 86,408
Total assets 1,721,160 1,634,758
Current liabilities    
Accounts payable and accrued liabilities 118,189 112,671
Oil and gas production payable 61,960 49,165
Derivative liabilities 129,124 53,865
Current maturities of long-term debt 51,499 68,008
Operating lease liabilities 2,660 1,350
Total current liabilities 363,432 285,059
Long-term liabilities    
Long-term debt, net of current portion 75,000 70,000
Asset retirement obligations 223,465 179,338
Derivative liabilities 10,188 5,087
Deferred tax liabilities, net 1,224 1,274
Operating lease liabilities 18,961 19,460
Other liabilities 26,964 20,872
Total long-term liabilities 355,802 296,031
Commitments and contingencies (Note 8)
Stockholders' equity    
Preferred stock, $.001 par value, 50,000,000 shares authorized, none issued and outstanding 0 0
Common stock, $.001 par value, 250,000,000 shares authorized; 50,005,619 and 49,999,999 shares issued, respectively 50 50
Paid-in capital in excess of par 1,122,176 1,104,276
Accumulated deficit (120,300) (50,658)
Total stockholders' equity 1,001,926 1,053,668
Total liabilities and stockholders' equity $ 1,721,160 $ 1,634,758