CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands |
Jun. 30, 2022 |
Dec. 31, 2021 |
| Current assets |
|
|
| Cash and cash equivalents |
$ 201,092
|
$ 9,380
|
| Accounts receivable, net |
141,598
|
71,295
|
| Prepaid and other current assets |
7,189
|
5,860
|
| Total current assets |
349,879
|
86,535
|
| Oil and natural gas properties, successful efforts method |
|
|
| Unproved properties |
984,264
|
1,040,386
|
| Proved properties |
4,929,108
|
4,623,726
|
| Accumulated depreciation, depletion and amortization |
(2,140,982)
|
(1,989,489)
|
| Total oil and natural gas properties, net |
3,772,390
|
3,674,623
|
| Other property and equipment, net |
13,167
|
11,197
|
| Total property and equipment, net |
3,785,557
|
3,685,820
|
| Noncurrent assets |
|
|
| Operating lease right-of-use assets |
54,934
|
16,385
|
| Other noncurrent assets |
33,660
|
15,854
|
| TOTAL ASSETS |
4,224,030
|
3,804,594
|
| Current liabilities |
|
|
| Accounts payable and accrued expenses |
208,222
|
130,256
|
| Operating lease liabilities |
21,124
|
1,413
|
| Derivative instruments |
83,541
|
35,150
|
| Other current liabilities |
3,214
|
1,080
|
| Total current liabilities |
316,101
|
167,899
|
| Noncurrent liabilities |
|
|
| Long-term debt, net |
801,849
|
825,565
|
| Asset retirement obligations |
18,151
|
17,240
|
| Deferred income taxes |
50,293
|
2,589
|
| Operating lease liabilities |
35,724
|
16,002
|
| Other Liabilities, Noncurrent |
32,344
|
24,579
|
| Total liabilities |
1,254,462
|
1,053,874
|
| Commitments and contingencies (Note 12) |
|
|
| Shareholders’ equity |
|
|
| Common stock |
30
|
29
|
| Additional paid-in capital |
3,024,236
|
3,013,017
|
| Retained earnings (accumulated deficit) |
(54,698)
|
(262,326)
|
| Total Shareholders' equity |
2,969,568
|
2,750,720
|
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY |
$ 4,224,030
|
$ 3,804,594
|