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Note 2 - Acquisitions - Asset Acquisitions (Details) - USD ($)
$ in Thousands
12 Months Ended
Jul. 27, 2022
Jan. 05, 2022
Dec. 31, 2023
Dec. 31, 2022
Debt assumed     $ 7,500 $ 6,547
Suspense accounts assumed     169 1,826
Asset retirement obligations assumed     1,831 13,040
Total liabilities assumed     $ 0 $ 3,152
January 2022 Acquisition [Member]        
Cash   $ 1,250    
Value of 19,905,736 shares issued   64,694    
Purchase price adjustments   487    
Transaction costs   1,267    
Total consideration paid   67,698    
Debt assumed   3,347    
Commodity derivative liabilities assumed   3,152    
Suspense accounts assumed   1,276    
Employee obligations assumed   100    
Asset retirement obligations assumed   9,614    
Deferred tax liabilities   2,819    
Total liabilities assumed   20,308    
Total consideration paid and liabilities assumed   88,006    
Proved oil and gas properties(1) [1]   87,672    
Vehicles   165    
Deposit account   169    
Total allocation to acquired assets   $ 88,006    
East Texas Acquisition [Member]        
Cash $ 11,875      
Purchase price adjustments (1,048)      
Transaction costs 63      
Total consideration paid 10,890      
Suspense accounts assumed 380      
Asset retirement obligations assumed 1,689      
Total liabilities assumed 2,069      
Total consideration paid and liabilities assumed 12,959      
Proved oil and gas properties(1) [2] $ 12,959      
[1] Included in the above purchase price adjustments is settlement for oil in temporary storage in tank batteries at the leases of $1,286. The Company does not separately account for oil in temporary storage until the oil is sold and title transfers to the purchaser. Consistent with the Company’s accounting policy and reporting of similar transactions this amount was recorded within Evaluated Properties on the Company’s Consolidated Balance Sheet.
[2] Included in the above purchase price adjustments is settlement for oil in temporary storage in tank batteries at the leases of $557. The Company does not separately account for oil in temporary storage until the oil is sold and title transfers to the purchaser. Consistent with the Company’s accounting policy and reporting of similar transactions this amount was recorded within Evaluated Properties on the Company’s Consolidated Balance Sheet.