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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Oil, natural gas and natural gas liquids sales:    
Total oil, natural gas and natural gas liquids sales $ 47,385 $ 49,532
Other 90 338
Total operating revenues 47,475 49,870
Production:    
Lease operating 10,358 11,586
Workover and other 1,433 888
Taxes other than income 2,800 2,991
Gathering and other 12,000 17,286
General and administrative 4,413 4,071
Depletion, depreciation and accretion 13,080 13,025
Total operating expenses 44,084 49,847
Income from operations 3,391 23
Other income (expenses):    
Net gain (loss) on derivative contracts 9,302 (24,187)
Interest expense and other (6,670) (7,039)
Total other income (expenses) 2,632 (31,226)
Income (loss) before income taxes 6,023 (31,203)
Income tax benefit (provision) 0 0
Net income (loss) 6,023 (31,203)
Preferred dividends (11,820) (5,632)
Net income (loss) available to common stockholders $ (5,797) $ (36,835)
Net income (loss) per share of common stock available to common stockholders:    
Basic (in dollars per share) $ (0.35) $ (2.24)
Diluted (in dollars per share) $ (0.35) $ (2.24)
Weighted average common shares outstanding:    
Basic (in shares) 16,457 16,457
Diluted (in shares) 16,457 16,457
Oil    
Oil, natural gas and natural gas liquids sales:    
Total oil, natural gas and natural gas liquids sales $ 39,700 $ 42,429
Natural gas    
Oil, natural gas and natural gas liquids sales:    
Total oil, natural gas and natural gas liquids sales 2,823 2,047
Natural gas liquids    
Oil, natural gas and natural gas liquids sales:    
Total oil, natural gas and natural gas liquids sales $ 4,862 $ 5,056