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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Revenues    
Total revenues $ 108,926 $ 32,702
Operating costs    
Lease operating costs 48,657 16,587
Depletion, depreciation, and amortization 8,053 5,167
Impairment of proved property 0 24,792
Impairment of Well Lift Inc. - related assets   146
General and administrative expenses 6,835 6,754
Total operating costs 63,545 53,446
Income (loss) from operations 45,381 (20,744)
Other income and expenses    
Net gain (loss) on derivative contracts (3,763) (615)
Interest and other income 95 40
Interest expense (572) (103)
Income (loss) before income taxes 41,141 (21,422)
Income tax (expense) benefit (8,513) 4,984
Net income (loss) $ 32,628 $ (16,438)
Earnings (loss) per common share    
Basic (in dollars per share) $ 0.97 $ (0.50)
Diluted (in dollars per share) $ 0.96 $ (0.50)
Weighted average number of common shares outstanding    
Basic (in shares) 32,952 32,744
Diluted (in shares) 33,306 32,744
Crude oil    
Revenues    
Total revenues $ 52,683 $ 26,411
Natural gas liquids    
Revenues    
Total revenues 17,069 3,662
Natural gas    
Revenues    
Total revenues $ 39,174 $ 2,629