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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] Oil Sales [Member]  
OIL SALES (Note 6) $ 157,577 $ 144,190
EXPENSES    
Operating 48,466 41,369
Transportation 4,584 3,066
Depletion, depreciation and accretion (Note 3) 56,150 52,196
General and administrative (Note 9) 12,877 12,696
Severance 1,266 0
Foreign exchange (gain) loss (815) 1,702
Other gain 0 (1,090)
Interest expense (Note 4) 18,424 11,836
EXPENSES 140,952 121,775
INTEREST INCOME 692 768
INCOME BEFORE INCOME TAXES 17,317 23,183
INCOME TAX EXPENSE    
Current (Note 7) 3,916 17,606
Deferred (Note 7) 13,479 15,277
INCOME TAX EXPENSE 17,395 32,883
NET AND COMPREHENSIVE LOSS $ (78) $ (9,700)
NET LOSS PER SHARE    
BASIC (in dollars per share) [1] $ 0 $ (0.28)
DILUTED (in dollars per share) [1] $ 0 $ (0.28)
WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC (in shares) [1] 31,813,072 34,451,400
WEIGHTED AVERAGE SHARES OUTSTANDING - DILUTED (in shares) 31,813,072 34,451,400
[1] Reflects Company’s 1-for-10 reverse stock split that became effective May 5, 2023.