Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 98,128	$ 252,407
Restricted cash	1,383	1,537
Accounts receivable, net	23,878	22,166
Derivative contracts	114	0
Prepaid expenses	3,370	430
Other current assets	780	1,314
Total current assets	127,653	277,854
Oil and natural gas properties, using full cost method of accounting
Proved	1,689,807	1,538,724
Unproved	23,504	11,197
Less: accumulated depreciation, depletion and impairment	(1,415,110)	(1,393,801)
Net oil and natural gas properties capitalized costs	298,201	156,120
Other property, plant and equipment, net	80,689	86,493
Derivative contracts	86	0
Other assets	2,081	3,130
Deferred tax assets, net of valuation allowance	72,801	50,569
Total assets	581,511	574,166
Current liabilities
Accounts payable and accrued expenses	50,625	38,828
Asset retirement obligations	9,131	9,851
Other current liabilities	839	645
Total current liabilities	60,595	49,324
Asset retirement obligations	59,449	54,553
Other long-term obligations	936	2,178
Total liabilities	120,980	106,055
Commitments and contingencies
Stockholders’ Equity
Common stock, $0.001 par value; 250,000 shares authorized; 37,203 issued and outstanding at December 31, 2024 and 37,091 issued and outstanding at December 31, 2023	37	37
Additional paid-in capital	1,000,455	1,071,021
Accumulated deficit	(539,961)	(602,947)
Total stockholders’ equity	460,531	468,111
Total liabilities and stockholders’ equity	$ 581,511	$ 574,166