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Note 10 - Related Party Transactions - Construction of Beginning Balance of the Company (Details) - USD ($)
$ in Thousands
Sep. 30, 2020
Aug. 22, 2020
Aug. 21, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Cash and cash equivalents $ 54,874 $ 86,214       $ 22,711        
Cash and cash equivalents (54,874) (86,214)       (22,711)        
Accounts Receivable, after Allowance for Credit Loss, Current, Total 5,949 3,027       3,363        
Accounts receivable (5,949) (3,027)       (3,363)        
Total current assets 64,620 89,241       92,026        
Total current assets (64,620) (89,241)       (92,026)        
Total oil and gas properties, net 466,367 452,039       405,374        
Total oil and gas properties, net (466,367) (452,039)       (405,374)        
Other property and equipment, net 415 436       508        
Other property and equipment, net (415) (436)       (508)        
Total assets 531,502 541,716       497,908        
Total assets (531,502) (541,716)       (497,908)        
Current liabilities 15,052 28,358       30,980        
Current liabilities (15,052) (28,358)       (30,980)        
Deferred income tax liability 40,496 40,500              
Deferred income tax liability (40,496) (40,500)              
Notes payable (receivable)                  
Notes payable (receivable)                  
Asset retirement obligations 2,399 2,398       2,212        
Asset retirement obligations (2,399) (2,398)       (2,212)        
Partners' capital   $ 430,902 $ 433,738 $ 437,885 464,716 $ 98,158 $ 86,230 $ 87,641 $ 84,057
Partners' capital   (430,902) $ (433,738) $ (437,885) (464,716) $ (98,158) $ (86,230) $ (87,641) $ (84,057)
Common stock 9 9              
Common stock (9) (9)              
Additional Paid in Capital, Ending Balance 575,739 561,231              
Additional paid-in capital (575,739) (561,231)              
Accumulated deficit (102,296) (90,780)              
Accumulated deficit 102,296 90,780              
Total stockholders' equity/partner's capital 473,452 470,460              
Total stockholders' equity/partner's capital (473,452) (470,460)              
Total liabilities and stockholders' equity/partners' capital 531,502 541,716       497,908        
Total liabilities and stockholders' equity/partners' capital $ (531,502) $ (541,716)       $ (497,908)        
High Peak Business Combination [Member] | Issuance of HighPeak Energy Common Stock [Member]                    
Cash and cash equivalents [1]     92,554              
Cash and cash equivalents [1]     (92,554)              
Accounts Receivable, after Allowance for Credit Loss, Current, Total [1]                  
Accounts receivable [1]                  
Total current assets [1]     92,554              
Total current assets [1]     (92,554)              
Total oil and gas properties, net [1]                  
Total oil and gas properties, net [1]                  
Other property and equipment, net [1]                  
Other property and equipment, net [1]                  
Total assets [1]     92,554              
Total assets [1]     (92,554)              
Current liabilities [1]     9,538              
Current liabilities [1]     (9,538)              
Deferred income tax liability [1]                  
Deferred income tax liability [1]                  
Notes payable (receivable) [1]                  
Notes payable (receivable) [1]                  
Asset retirement obligations [1]                  
Asset retirement obligations [1]                  
Partners' capital [1]     (521,682)              
Partners' capital [1]     521,682              
Common stock [1]     9              
Common stock [1]     (9)              
Additional Paid in Capital, Ending Balance [1]     623,765              
Additional paid-in capital [1]     (623,765)              
Accumulated deficit [1]                  
Accumulated deficit [1]                  
Total stockholders' equity/partner's capital [1]     102,092              
Total stockholders' equity/partner's capital [1]     (102,092)              
Total liabilities and stockholders' equity/partners' capital [1]     92,554              
Total liabilities and stockholders' equity/partners' capital [1]     (92,554)              
High Peak Business Combination [Member] | Offering Costs [Member]                    
Cash and cash equivalents [2]     8,383              
Cash and cash equivalents [2]     (8,383)              
Accounts Receivable, after Allowance for Credit Loss, Current, Total [2]                  
Accounts receivable [2]                  
Total current assets [2]     8,383              
Total current assets [2]     (8,383)              
Total oil and gas properties, net [2]                  
Total oil and gas properties, net [2]                  
Other property and equipment, net [2]                  
Other property and equipment, net [2]                  
Total assets [2]     8,383              
Total assets [2]     (8,383)              
Current liabilities [2]                  
Current liabilities [2]                  
Deferred income tax liability [2]                  
Deferred income tax liability [2]                  
Notes payable (receivable) [2]                  
Notes payable (receivable) [2]                  
Asset retirement obligations [2]                  
Asset retirement obligations [2]                  
Partners' capital [2]                  
Partners' capital [2]                  
Common stock [2]                  
Common stock [2]                  
Additional Paid in Capital, Ending Balance [2]     8,383              
Additional paid-in capital [2]     (8,383)              
Accumulated deficit [2]                  
Accumulated deficit [2]                  
Total stockholders' equity/partner's capital [2]     8,383              
Total stockholders' equity/partner's capital [2]     (8,383)              
Total liabilities and stockholders' equity/partners' capital [2]     8,383              
Total liabilities and stockholders' equity/partners' capital [2]     (8,383)              
High Peak Business Combination [Member] | Deferred Tax Liability [Member]                    
Cash and cash equivalents [3]                  
Cash and cash equivalents [3]                  
Accounts Receivable, after Allowance for Credit Loss, Current, Total [3]                  
Accounts receivable [3]                  
Total current assets [3]                  
Total current assets [3]                  
Total oil and gas properties, net [3]                  
Total oil and gas properties, net [3]                  
Other property and equipment, net [3]                  
Other property and equipment, net [3]                  
Total assets [3]                  
Total assets [3]                  
Current liabilities [3]                  
Current liabilities [3]                  
Deferred income tax liability [3]     40,500              
Deferred income tax liability [3]     (40,500)              
Notes payable (receivable) [3]                  
Notes payable (receivable) [3]                  
Asset retirement obligations [3]                  
Asset retirement obligations [3]                  
Partners' capital [3]                  
Partners' capital [3]                  
Common stock [3]                  
Common stock [3]                  
Additional Paid in Capital, Ending Balance [3]     (40,500)              
Additional paid-in capital [3]     40,500              
Accumulated deficit [3]                  
Accumulated deficit [3]                  
Total stockholders' equity/partner's capital [3]     (40,500)              
Total stockholders' equity/partner's capital [3]     40,500              
Total liabilities and stockholders' equity/partners' capital [3]                  
Total liabilities and stockholders' equity/partners' capital [3]                  
HPK, LP [Member]                    
Cash and cash equivalents [4]     1,943              
Cash and cash equivalents [4]     (1,943)              
Accounts Receivable, after Allowance for Credit Loss, Current, Total [4]     3,001              
Accounts receivable [4]     (3,001)              
Total current assets [4]     4,944              
Total current assets [4]     (4,944)              
Total oil and gas properties, net [4]     452,039              
Total oil and gas properties, net [4]     (452,039)              
Other property and equipment, net [4]     436              
Other property and equipment, net [4]     (436)              
Total assets [4]     457,419              
Total assets [4]     (457,419)              
Current liabilities [4]     35,794              
Current liabilities [4]     (35,794)              
Deferred income tax liability [4]                  
Deferred income tax liability [4]                  
Notes payable (receivable) [4]     (11,675)              
Notes payable (receivable) [4]     11,675              
Asset retirement obligations [4]     2,398              
Asset retirement obligations [4]     (2,398)              
Partners' capital [4]     521,682              
Partners' capital [4]     (521,682)              
Common stock [4]                  
Common stock [4]                  
Additional Paid in Capital, Ending Balance [4]                  
Additional paid-in capital [4]                  
Accumulated deficit [4]     (90,780)              
Accumulated deficit [4]     90,780              
Total stockholders' equity/partner's capital [4]     430,902              
Total stockholders' equity/partner's capital [4]     (430,902)              
Total liabilities and stockholders' equity/partners' capital [4]     457,419              
Total liabilities and stockholders' equity/partners' capital [4]     (457,419)              
Pure [Member]                    
Cash and cash equivalents [5]     1              
Cash and cash equivalents [5]     (1)              
Accounts Receivable, after Allowance for Credit Loss, Current, Total [5]                  
Accounts receivable [5]                  
Total current assets [5]     1              
Total current assets [5]     (1)              
Total oil and gas properties, net [5]                  
Total oil and gas properties, net [5]                  
Other property and equipment, net [5]                  
Other property and equipment, net [5]                  
Total assets [5]     1              
Total assets [5]     (1)              
Current liabilities [5]     2,025              
Current liabilities [5]     (2,025)              
Deferred income tax liability [5]                  
Deferred income tax liability [5]                  
Notes payable (receivable) [5]     11,675              
Notes payable (receivable) [5]     (11,675)              
Asset retirement obligations [5]                  
Asset retirement obligations [5]                  
Partners' capital [5]                  
Partners' capital [5]                  
Common stock [5]                  
Common stock [5]                  
Additional Paid in Capital, Ending Balance     (13,699)              
Additional paid-in capital     13,699              
Accumulated deficit [5]                  
Accumulated deficit [5]                  
Total stockholders' equity/partner's capital [5]     (13,699)              
Total stockholders' equity/partner's capital [5]     13,699              
Total liabilities and stockholders' equity/partners' capital [5]     1              
Total liabilities and stockholders' equity/partners' capital [5]     (1)              
HighPeak Energy Employees, Inc [Member]                    
Cash and cash equivalents [6]     99              
Cash and cash equivalents [6]     (99)              
Accounts Receivable, after Allowance for Credit Loss, Current, Total [6]     26              
Accounts receivable [6]     (26)              
Total current assets [6]     125              
Total current assets [6]     (125)              
Total oil and gas properties, net [6]                  
Total oil and gas properties, net [6]                  
Other property and equipment, net [6]                  
Other property and equipment, net [6]                  
Total assets [6]     125              
Total assets [6]     (125)              
Current liabilities [6]     77              
Current liabilities [6]     (77)              
Deferred income tax liability [6]                  
Deferred income tax liability [6]                  
Notes payable (receivable) [6]                  
Notes payable (receivable) [6]                  
Asset retirement obligations [6]                  
Asset retirement obligations [6]                  
Partners' capital [6]                  
Partners' capital [6]                  
Common stock [6]                  
Common stock [6]                  
Additional Paid in Capital, Ending Balance [6]     48              
Additional paid-in capital [6]     (48)              
Accumulated deficit [6]                  
Accumulated deficit [6]                  
Total stockholders' equity/partner's capital [6]     48              
Total stockholders' equity/partner's capital [6]     (48)              
Total liabilities and stockholders' equity/partners' capital [6]     125              
Total liabilities and stockholders' equity/partners' capital [6]     $ (125)              
[1] Represents the issuance by the Company of 91,592,354 shares of common stock, 10,538,188 warrants and 10,209,300 Contingent Value Rights upon the closing of the HighPeak business combination. The reduction to accounts payable of $9.5 million represents those vendors of HPK LP that purchased shares under the Forward Purchase Agreement Amendment in the HighPeak business combination in lieu of being paid cash for the majority of their outstanding balances.
[2] Represents the cash costs paid for the offering of the aforementioned shares in addition to the cash costs that had previously been incurred by Pure of $13.7 million in column (b).
[3] Represents the beginning deferred tax liability of the Company given the combination of all the entities, most of which originated from HPK LP which was a partnership for U.S. federal income tax purposes and therefore did not record a deferred tax liability.
[4] Represents HPK LP's condensed consolidated balance sheet estimated as of August 21, 2020.
[5] Represents Pure's condensed consolidated balance sheet estimated as of August 21, 2020 after taking into account: (i) the closing of its trust account, (ii) the redemption of Pure's Class A Common Stock by the former public stockholders of Pure that elected to redeem, (iii) paying out the cash consideration to those former public stockholders of Pure who elected to remain and (iv) the conversion of the remaining shares of Pure's Class A Common Stock to HighPeak Energy common stock upon the closing of the HighPeak business combination. The $13.7 million reduction to equity is considered noncash offering costs on the condensed consolidated statement of changes in stockholders' equity.
[6] Represents the balance sheet of HighPeak Energy Employees, Inc which was acquired by the Company for $10 upon the closing of the HighPeak business combination.