CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024
Current assets
Cash and cash equivalents	$ 101,204	$ 98,128
Restricted cash	1,383	1,383
Accounts receivable, net	27,442	23,878
Derivative contracts	2,416	114
Prepaid expenses	2,507	3,370
Other current assets	1,678	780
Total current assets	136,630	127,653
Oil and natural gas properties, using full cost method of accounting
Proved	1,738,182	1,689,807
Unproved	30,255	23,504
Less: accumulated depreciation, depletion and impairment	(1,437,501)	(1,415,110)
Net oil and natural gas properties capitalized costs	330,936	298,201
Other property, plant and equipment, net	76,632	80,689
Derivative contracts	0	86
Other assets	1,974	2,081
Deferred tax assets, net of valuation allowance	72,801	72,801
Total assets	618,973	581,511
Current liabilities
Accounts payable and accrued expenses	53,155	50,625
Asset retirement obligations	8,951	9,131
Other current liabilities	756	839
Total current liabilities	62,862	60,595
Derivative contracts	261	0
Asset retirement obligations	62,828	59,449
Other long-term obligations	573	936
Total liabilities	126,524	120,980
Commitments and contingencies
Stockholders’ Equity
Common stock, $0.001 par value; 250,000 shares authorized; 36,773 issued and outstanding at September 30, 2025 and 37,203 issued and outstanding at December 31, 2024	37	37
Additional paid-in capital	983,813	1,000,455
Accumulated deficit	(491,401)	(539,961)
Total stockholders’ equity	492,449	460,531
Total liabilities and stockholders’ equity	$ 618,973	$ 581,511