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Note 15 - Supplemental Disclosures of Cash Flow Information
12 Months Ended
Dec. 31, 2023
Notes to Financial Statements  
Cash Flow, Supplemental Disclosures [Text Block]

15. SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION

 

  

Year Ended

 
  

December 31,

 
  

2023

  

2022

 
  

(in thousands)

 

Cash paid for interest

 $806  $500 
         

Investing activities:

        

Change in capital expenditure accruals

  (277)  196 

Change in accrual for acquisition costs

  -   (546)

Common stock issued for acquisition of properties

  -   64,694 

Assumption of commodity derivative liability in acquisition of properties

  -   3,152 

Assumption of debt in acquisition of properties

  -   3,347 

Assumption of suspense accounts in acquisition of properties

  169   1,826 

Deferred tax liability from acquisition

  -   2,819 

Addition of operating lease liability and right of use asset

  -   953 

Asset retirement obligations (acquired, revisions, sold, and plugged wells)

  1,831   13,040 

Other

  6   - 

Financing activities:

        

Accrual for repurchase of common stock

  58   - 

Financing of insurance premiums with note payable

  654   588