Property and Equipment, net (Tables)

3 Months Ended

Mar. 31, 2025

Property, Plant and Equipment [Abstract]

Schedule of Property and Equipment, net

The Company’s property and equipment, net consisted of the following for the periods presented:

	March 31, 2025			December 31, 2024
	(In thousands)
Oil and natural gas properties:
Proved properties	$	621,526		$	64,491
Unproved properties		36,488			70,462
Total oil and natural gas properties		658,014			134,953
Less: Accumulated depreciation, depletion, and amortization		(2,535	)		(422	)
Oil and natural gas properties, net		655,479			134,531
Other property and equipment		17,190			94
Less: Accumulated depreciation, depletion, and amortization		(9	)		(5	)
Other property and equipment, net		17,181			89
Total property and equipment, net	$	672,660		$	134,620