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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Revenue:    
Total revenue $ 32,316 $ 44,552
Operating expenses:    
Lease operating expenses 15,254 16,667
Gathering, transportation, and treating 557 573
Production taxes 2,107 3,010
Depreciation, depletion, accretion, and amortization 11,235 9,607
Impairment of oil and natural gas properties 26,680 0
General and administrative expenses 11,523 11,157
Total operating expenses 67,356 41,014
Operating income (loss) (35,040) 3,538
Other income (expense):    
Commodity derivative gain (loss), net 2,882 (5,682)
Interest (expense), net (1,114) (544)
Other income (expense), net 25 (168)
Total other income (expense) 1,793 (6,394)
Net income (loss) before income taxes (33,247) (2,856)
Income tax (expense) benefit 891 1,893
Net income (loss) $ (32,356) $ (963)
Basic and diluted weighted average shares outstanding (in shares) 25,322,382 24,668,219
Basic and diluted loss per share (in dollars per share) $ (1.28) $ (0.04)
Oil Sales[Member]    
Revenue:    
Total revenue $ 28,352 $ 36,293
Natural Gas, Midstream [Member]    
Revenue:    
Total revenue $ 3,964 $ 8,259