CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 73,568	$ 19,712
Accounts receivable, net	21,177	26,298
Assets from derivative contracts	15,706	6,969
Restricted cash	91	91
Prepaids and other	901	982
Total current assets	111,443	54,052
Oil and natural gas properties (full cost method):
Evaluated	841,213	816,186
Unevaluated	49,091	49,091
Gross oil and natural gas properties	890,304	865,277
Less: accumulated depletion	(509,945)	(497,272)
Net oil and natural gas properties	380,359	368,005
Other operating property and equipment:
Other operating property and equipment	4,669	4,663
Less: accumulated depreciation	(2,589)	(2,455)
Net other operating property and equipment	2,080	2,208
Other noncurrent assets:
Assets from derivative contracts	8,846	4,052
Operating lease right of use assets	298	453
Other assets	3,222	2,278
Total assets	506,248	431,048
Current liabilities:
Accounts payable and accrued liabilities	58,499	52,682
Liabilities from derivative contracts	14,716	12,330
Current portion of long-term debt	22,579	12,246
Operating lease liabilities	286	406
Total current liabilities	96,080	77,664
Long-term debt, net	196,833	145,535
Other noncurrent liabilities:
Liabilities from derivative contracts	6,272	6,954
Asset retirement obligations	19,428	19,156
Operating lease liabilities	43	84
Commitments and contingencies (Note 9)
Temporary equity:
Redeemable convertible preferred stock: 138,000 shares of $0.0001 par value authorized, issued and outstanding at March 31, 2025 and December 31, 2024	189,354	177,535
Stockholders' equity:
Common stock: 100,000,000 shares of $0.0001 par value authorized; 16,456,563 shares issued and outstanding at March 31, 2025 and December 31, 2024	2	2
Additional paid-in capital	277,088	288,993
Accumulated deficit	(278,852)	(284,875)
Total stockholders' (deficit) equity	(1,762)	4,120
Total liabilities, temporary equity and stockholders' equity	$ 506,248	$ 431,048