CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands |
Dec. 31, 2020 |
Dec. 31, 2019 |
| Current assets |
|
|
| Cash and cash equivalents |
$ 5,800
|
$ 10,223
|
| Accounts receivable, net |
54,557
|
101,912
|
| Prepaid and other current assets |
5,229
|
7,994
|
| Total current assets |
65,586
|
120,129
|
| Oil and natural gas properties, successful efforts method |
|
|
| Unproved properties |
1,209,205
|
1,470,903
|
| Proved properties |
4,395,473
|
3,962,175
|
| Accumulated depreciation, depletion and amortization |
(1,877,832)
|
(931,737)
|
| Total oil and natural gas properties, net |
3,726,846
|
4,501,341
|
| Other property and equipment, net |
12,650
|
14,612
|
| Total property and equipment, net |
3,739,496
|
4,515,953
|
| Operating Lease, Right-of-Use Asset |
3,176
|
11,841
|
| Noncurrent assets |
|
|
| Other noncurrent assets |
19,167
|
40,365
|
| TOTAL ASSETS |
3,827,425
|
4,688,288
|
| Current liabilities |
|
|
| Accounts payable and accrued expenses |
110,439
|
244,309
|
| Operating Lease, Liability, Current |
3,155
|
9,232
|
| Other current liabilities |
18,274
|
925
|
| Total current liabilities |
131,868
|
254,466
|
| Noncurrent liabilities |
|
|
| Long-term debt, net |
1,068,624
|
1,057,389
|
| Asset retirement obligations |
17,009
|
16,874
|
| Deferred income taxes |
2,589
|
85,504
|
| Operating Lease, Liability, Noncurrent |
422
|
3,354
|
| Other noncurrent liabilities |
2,952
|
0
|
| Total liabilities |
1,223,464
|
1,417,587
|
| Commitments and contingencies (Note 13) |
|
|
| Shareholders’ equity |
|
|
| Additional paid-in capital |
3,004,433
|
2,975,756
|
| Retained earnings (accumulated deficit) |
(400,501)
|
282,336
|
| Total shareholders’ equity |
2,603,961
|
3,258,120
|
| Noncontrolling interest |
0
|
12,581
|
| Total equity |
2,603,961
|
3,270,701
|
| TOTAL LIABILITIES AND EQUITY |
3,827,425
|
4,688,288
|
| Series A Preferred Stock |
|
|
| Shareholders’ equity |
|
|
| Preferred stock |
0
|
0
|
| Common Class A |
|
|
| Shareholders’ equity |
|
|
| Common stock |
29
|
28
|
| Class C |
|
|
| Shareholders’ equity |
|
|
| Common stock |
$ 0
|
$ 0
|