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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 517 $ 3,671
Accrued production receivable 216,161 143,365
Trade and other receivables, net 17,571 19,270
Prepaids 10,175 9,099
Total current assets 244,424 175,405
Oil and natural gas properties (using full cost accounting)    
Proved properties 1,149,762 1,109,011
Unevaluated properties 131,677 112,169
CO2 properties 184,043 183,369
Pipelines 226,766 224,394
CCUS storage sites and related assets 20,949 0
Other property and equipment 94,993 93,950
Less accumulated depletion, depreciation, amortization and impairment (210,537) (181,393)
Net property and equipment 1,597,653 1,541,500
Operating lease right-of-use assets 18,595 19,502
Derivative assets 265 0
Deferred tax assets, net 4,306 0
Intangible assets, net 85,966 88,248
Restricted cash for future asset retirement obligations 46,695 46,673
Other assets 33,445 31,625
Total assets 2,031,349 1,902,953
Current liabilities    
Accounts payable and accrued liabilities 201,598 191,598
Oil and gas production payable 99,247 75,899
Derivative liabilities 223,598 134,509
Operating lease liabilities 4,683 4,677
Total current liabilities 529,126 406,683
Long-term liabilities    
Long-term debt, net of current portion 35,000 35,000
Asset retirement obligations 282,792 284,238
Derivative liabilities 10,837 0
Deferred tax liabilities, net 0 1,638
Operating lease liabilities 16,095 17,094
Other liabilities 19,850 22,910
Total long-term liabilities 364,574 360,880
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; 50,349,390 and 50,193,656 shares issued, respectively 50 50
Paid-in capital in excess of par 1,133,127 1,129,996
Retained earnings 4,472 5,344
Total stockholders' equity 1,137,649 1,135,390
Total liabilities and stockholders' equity $ 2,031,349 $ 1,902,953