Asset Retirement Obligations

3 Months Ended

Jun. 30, 2020

Asset Retirement Obligation Disclosure [Abstract]

ASSET RETIREMENT OBLIGATIONS

NOTE 20: ASSET RETIREMENT OBLIGATIONS

In conjunction with the approval permitting the Company to resume drilling in the existing fields, the Company has recorded an asset retirement obligation based upon the plan submitted in connection with the permit. The following table summarizes activity in the Company's ARO for the periods ended June 30, 2020 and March 31, 2020:  

	June 30, 2020		March 31, 2020
Balance, beginning of period	$	295	$	-
Accretion expense		7		-
ARO liability acquired in Banner Midstream acquisition		-		295
Reclamation obligations settled		-		-
Additions and changes in estimates		-		-
Balance, end of period	$	302	$	295