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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Revenues        
Total revenues $ 33,676 $ 22,339 $ 73,473 $ 41,218
Operating costs        
Lease operating costs 15,041 10,671 34,157 19,296
Depletion, depreciation, and accretion 3,458 1,224 7,056 2,752
General and administrative expenses 2,581 1,823 5,053 3,763
Total operating costs 21,080 13,718 46,266 25,811
Income (loss) from operations 12,596 8,621 27,207 15,407
Other income and expenses        
Net gain (loss) on derivative contracts 846   243  
Interest and other income 7 7 13 10
Interest expense (129) (51) (372) (102)
Income (loss) before income taxes 13,320 8,577 27,091 15,315
Income tax (expense) benefit (2,933) (1,744) (5,997) (3,264)
Net income (loss) $ 10,387 $ 6,833 $ 21,094 $ 12,051
Earnings (loss) per common share:        
Basic (in dollars per share) $ 0.31 $ 0.20 $ 0.63 $ 0.36
Diluted (in dollars per share) $ 0.31 $ 0.20 $ 0.62 $ 0.36
Weighted average number of common shares outstanding        
Basic (in shares) 33,174 32,929 33,154 32,896
Diluted (in shares) 33,394 33,262 33,356 33,193
Crude oil        
Revenues        
Total revenues $ 13,100 $ 10,582 $ 28,263 $ 19,441
Natural gas liquids        
Revenues        
Total revenues 3,206 2,587 7,992 7,149
Natural gas        
Revenues        
Total revenues $ 17,370 $ 9,170 $ 37,218 $ 14,628