CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands |
Sep. 30, 2020 |
Dec. 31, 2019 |
| Current assets |
|
|
| Cash and cash equivalents |
$ 5,177
|
$ 10,223
|
| Accounts receivable, net |
51,352
|
101,912
|
| Prepaid and other current assets |
7,980
|
7,994
|
| Total current assets |
64,509
|
120,129
|
| Oil and natural gas properties, successful efforts method |
|
|
| Unproved properties |
1,282,833
|
1,470,903
|
| Proved properties |
4,319,617
|
3,962,175
|
| Accumulated depreciation, depletion and amortization |
(1,804,014)
|
(931,737)
|
| Total oil and natural gas properties, net |
3,798,436
|
4,501,341
|
| Other property and equipment, net |
13,319
|
14,612
|
| Total property and equipment, net |
3,811,755
|
4,515,953
|
| Noncurrent assets |
|
|
| Operating lease right-of-use assets |
4,025
|
11,841
|
| Other noncurrent assets |
42,747
|
40,365
|
| TOTAL ASSETS |
3,923,036
|
4,688,288
|
| Current liabilities |
|
|
| Accounts payable and accrued expenses |
116,377
|
244,309
|
| Operating lease liabilities |
3,415
|
9,232
|
| Other current liabilities |
913
|
925
|
| Total current liabilities |
120,705
|
254,466
|
| Noncurrent liabilities |
|
|
| Long-term debt, net |
1,092,241
|
1,057,389
|
| Asset retirement obligations |
18,125
|
16,874
|
| Deferred income taxes |
2,589
|
85,504
|
| Operating lease liabilities |
1,097
|
3,354
|
| Other Liabilities, Noncurrent |
456
|
0
|
| Total liabilities |
1,235,213
|
1,417,587
|
| Commitments and contingencies (Note 11) |
|
|
| Shareholders’ equity |
|
|
| Additional paid-in capital |
2,999,640
|
2,975,756
|
| Retained earnings (accumulated deficit) |
(311,846)
|
282,336
|
| Total shareholders’ equity |
2,687,823
|
3,258,120
|
| Noncontrolling interest |
0
|
12,581
|
| Total equity |
2,687,823
|
3,270,701
|
| TOTAL LIABILITIES AND EQUITY |
3,923,036
|
4,688,288
|
| Preferred Stock Series A |
|
|
| Shareholders’ equity |
|
|
| Preferred stock, $0.0001 par value, 1,000,000 shares authorized: |
0
|
0
|
| Class A |
|
|
| Shareholders’ equity |
|
|
| Common stock, $0.0001 par value, 620,000,000 shares authorized: |
29
|
28
|
| Convertible Class C |
|
|
| Shareholders’ equity |
|
|
| Common stock, $0.0001 par value, 620,000,000 shares authorized: |
$ 0
|
$ 0
|