CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2025	Mar. 31, 2024
Cash flows from operating activities:
Net income (loss)	$ 6,023	$ (31,203)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depletion, depreciation and accretion	13,080	13,025
Stock-based compensation, net	(109)	99
Unrealized (gain) loss on derivative contracts	(11,828)	19,761
Amortization/accretion of financing related costs	395	1,701
Accrued settlements on derivative contracts	(560)	1,433
Change in fair value of embedded derivative liability		(928)
Other	53	270
Change in assets and liabilities:
Accounts receivable	6,436	(1,278)
Prepaids and other	(419)	(12)
Accounts payable and accrued liabilities	(340)	1,048
Net cash provided by operating activities	12,731	3,916
Cash flows from investing activities:
Oil and natural gas capital expenditures	(19,800)	(24,599)
Contract asset		(7,235)
Other operating property and equipment capital expenditures	(6)	(8)
Other	(306)	(6)
Net cash used in investing activities	(20,112)	(31,848)
Cash flows from financing activities:
Proceeds from borrowings	63,000
Repayments of borrowings	(26)	(10,026)
Debt issuance costs	(1,737)
Payment of debt financing costs		(129)
Proceeds from issuance of preferred stock		19,500
Merger deposit		10,000
Net cash provided by financing activities	61,237	19,345
Net increase (decrease) in cash, cash equivalents and restricted cash	53,856	(8,587)
Cash, cash equivalents and restricted cash at beginning of period	19,803	57,619
Cash, cash equivalents and restricted cash at end of period	73,659	49,032
Supplemental cash flow information:
Cash paid for interest	$ 6,953	$ 6,571