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Number of development blocks

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Oil and gas prices first day average of twelve months of Henry Hub price for ceiling test

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Oil And Gas Prices First Day Average Of Twelve Months Of West Texas Intermediate Spot Market Price For Ceiling Test

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- Definition

Percentage or working interest available to acquire

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Working interest share, percentage

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- Definition

Cost per unit of oil and gas production.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Regulation S-K (SK)
-Number 229
-Section 1204
-Paragraph (b)
-Subparagraph (2)
-Publisher SEC

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Number of development oil and gas wells capable of producing either oil or gas in sufficient quantity to justify completion as oil or gas well.

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Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Regulation S-K (SK)
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-Section 1205
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Leased area with working interest ownership on which oil and gas wells have not been drilled or completed that would permit production of economic quantities of oil and gas. Excludes area of undrilled acreage held by production under terms of lease.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Regulation S-K (SK)
-Number 229
-Section 1208
-Paragraph (b)
-Publisher SEC

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Number of oil and gas wells in process of being drilled.

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Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Regulation S-K (SK)
-Number 229
-Section 1206
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The capitalized costs incurred (excluded from amortization), as of the date of the balance sheet, to purchase, lease or otherwise acquire an unproved property, including costs of lease bonuses and options to purchase or lease properties, the portion of costs applicable to minerals when land including mineral rights is purchased in fee, brokers' fees, recording fees, legal costs, and other costs incurred in acquiring properties.

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Future cash outflow to pay for purchases of fixed assets that have occurred.

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The sum of the capitalized costs incurred, as of the balance sheet date, of unproved properties excluded from amortization including acquisition costs, exploration costs, development costs, and production costs.

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The noncash expense charged against earnings to recognize the consumption of natural resources.

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The expense recorded to reduce the value of oil and gas assets consisting of proved properties and unproved properties as the estimate of future successful production from these properties is reduced.

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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The increase (decrease) during the reporting period in the book value of property designated for oil and gas production that has not been found (through exploratory drilling) to have extractible reserves of oil and gas.

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Oil and gas properties, gross, carried under the full cost method.

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Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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Property and Equipment (Details) $ in Thousands		6 Months Ended
Property and Equipment (Details) $ in Thousands	Sep. 12, 2023 USD ($) a location $ / a	Dec. 31, 2023 USD ($) $ / MMBTU $ / bbl	Dec. 31, 2022 USD ($) location $ / bbl $ / MMBTU	Jun. 30, 2023 USD ($)
Property and Equipment
Amount paid for interest in drilling locations	$ 400
Working interest share, percentage	50.00%
Percentage or working interest available to acquire	50.00%
Number of initial development blocks \| location	2
Number of initial drilling locations \| location	9
Cost per acre of optional development block \| $ / a	450
Property costs subject to amortization		$ 199,526		$ 197,049
Unproved Properties costs not subject to amortization		3,370
Depletion		8,100	$ 6,500
Capital expenditures		2,400	2,100
Impairment of proved property		$ 0	$ 0
Natural Gas and Natural Gas Liquids
Property and Equipment
Oil and gas prices first day average of twelve months of Henry Hub price for ceiling test \| $ / MMBTU		2.63	6.40
Net price per barrel (in dollars per barrel) \| $ / bbl		31.57	48.50
Crude oil
Property and Equipment
Oil and gas prices first day average of twelve months of West Texas Intermediate spot market price for ceiling test \| $ / bbl		78.21	94.14
Maximum
Property and Equipment
Capitalized transactions costs	$ 100
Development block, acres gross \| a	16,000
Barnett Shale
Property and Equipment
Initial wells drilled \| location			3
Capital expenditures			$ 3,000