CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 48,941	$ 57,529
Accounts receivable, net	25,987	23,021
Assets from derivative contracts	7,633	8,992
Restricted cash	91	90
Prepaids and other	919	907
Total current assets	83,571	90,539
Oil and natural gas properties (full cost method):
Evaluated	776,504	755,482
Unevaluated	58,909	58,909
Gross oil and natural gas properties	835,413	814,391
Less: accumulated depletion	(458,604)	(445,975)
Net oil and natural gas properties	376,809	368,416
Other operating property and equipment:
Other operating property and equipment	4,648	4,640
Less: accumulated depreciation	(1,979)	(1,817)
Net other operating property and equipment	2,669	2,823
Other noncurrent assets:
Assets from derivative contracts	3,898	4,877
Operating lease right of use assets	890	1,027
Other assets	20,780	17,656
Total assets	488,617	485,338
Current liabilities:
Accounts payable and accrued liabilities	63,117	66,525
Liabilities from derivative contracts	28,764	17,191
Current portion of long-term debt	55,106	50,106
Operating lease liabilities	614	594
Total current liabilities	147,601	134,416
Long-term debt, net	126,821	140,276
Other noncurrent liabilities:
Liabilities from derivative contracts	21,907	16,058
Asset retirement obligations	17,866	17,458
Operating lease liabilities	329	490
Other	11,156	2,084
Commitments and contingencies (Note 8)
Temporary equity:
Series A redeemable convertible preferred stock: 118,000 shares and 98,000 shares of $0.0001 par value authorized, issued and outstanding as of March 31, 2024 and December 31, 2023, respectively	131,624	106,535
Stockholders' equity:
Common stock: 100,000,000 shares of $0.0001 par value authorized; 16,456,563 shares issued and outstanding as of March 31, 2024 and December 31, 2023	2	2
Additional paid-in capital	315,507	321,012
Retained earnings (accumulated deficit)	(284,196)	(252,993)
Total stockholders' equity	31,313	68,021
Total liabilities, temporary equity and stockholders' equity	$ 488,617	$ 485,338