Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.22.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 3,395 $ 9,882
Accounts receivable, net 237,128 232,436
Fair value of derivatives 21,332 22,381
Other current assets 35,783 30,745
Total current assets 297,638 295,444
Oil and natural gas properties, full cost accounting method:    
Evaluated properties, net 4,023,603 3,352,821
Unevaluated properties 1,711,306 1,812,827
Total oil and natural gas properties, net 5,734,909 5,165,648
Other property and equipment, net 26,152 28,128
Deferred financing costs 18,822 18,125
Other assets, net 68,560 40,158
Total assets 6,146,081 5,547,503
Current liabilities:    
Accounts payable and accrued liabilities 536,233 569,991
Fair value of derivatives 16,197 185,977
Other current liabilities 150,384 116,523
Total current liabilities 702,814 872,491
Long-term debt 2,241,295 2,694,115
Asset retirement obligations 53,892 54,458
Fair value of derivatives 13,415 11,409
Other long-term liabilities 49,243 49,262
Total liabilities 3,060,659 3,681,735
Commitments and contingencies
Stockholders’ equity:    
Common stock 616 614
Capital in excess of par value 4,022,194 4,012,358
Accumulated deficit (937,388) (2,147,204)
Total stockholders’ equity 3,085,422 1,865,768
Total liabilities and stockholders’ equity $ 6,146,081 $ 5,547,503