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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 517 $ 3,671
Accrued production receivable 229,151 143,365
Trade and other receivables, net 30,918 19,270
Oil derivative contracts - current assets 2,829 0
Prepaids 18,686 9,099
Total current assets 282,101 175,405
Oil and natural gas properties (using full cost accounting)    
Proved properties 1,217,778 1,109,011
Unevaluated properties 155,901 112,169
CO2 properties 184,861 183,369
Pipelines 226,318 224,394
CCUS storage sites and related assets 24,026 0
Other property and equipment 98,777 93,950
Less accumulated depletion, depreciation, amortization and impairment (240,133) (181,393)
Net property and equipment 1,667,528 1,541,500
Operating lease right-of-use assets 18,118 19,502
Derivative assets 2,071 0
Intangible assets, net 83,688 88,248
Restricted cash for future asset retirement obligations 46,869 46,673
Other assets 38,305 31,625
Total assets 2,138,680 1,902,953
Current liabilities    
Accounts payable and accrued liabilities 262,752 191,598
Oil and gas production payable 109,228 75,899
Derivative liabilities 162,551 134,509
Operating lease liabilities 4,670 4,677
Total current liabilities 539,201 406,683
Long-term liabilities    
Long-term debt, net of current portion 0 35,000
Asset retirement obligations 273,852 284,238
Derivative liabilities 5,415 0
Deferred tax liabilities, net 17,630 1,638
Operating lease liabilities 15,571 17,094
Other liabilities 18,170 22,910
Total long-term liabilities 330,638 360,880
Commitments and contingencies (Note 9)
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; 50,875,988 and 50,193,656 shares issued, respectively 51 50
Paid-in capital in excess of par 1,137,575 1,129,996
Retained earnings 159,966 5,344
Treasury stock, at cost, 457,549 and 0 shares, respectively (28,751) 0
Total stockholders' equity 1,268,841 1,135,390
Total liabilities and stockholders' equity $ 2,138,680 $ 1,902,953