Note 10 - Related Party Transactions (Tables)

12 Months Ended

Dec. 31, 2020

Notes Tables

Condensed Income Statement [Table Text Block]

	Nine Months Ended September 30, 2019
Operating Revenues:
Crude oil sales	$	719
Natural gas and natural gas liquid sales		223
Total operating revenues		942
Operating costs and expenses:
Oil and natural gas production		1,190
Production and ad valorem taxes		59
Exploration and abandonment		756
Depletion, depreciation and amortization		650
Accretion of discount on asset retirement obligations		86
General and administrative		2,891
Abandoned project		1,122
Total operating costs and expenses		6,754
Loss from operations		(5,812	)
Interest income		107
Net loss	$	(5,705	)

Condensed Balance Sheet [Table Text Block]

	(a)			(b)			(c)		(d)			(e)			(f)
	HPK LP			Pure			HighPeak Employees, Inc.		Issuance of HighPeak Energy Common Stock			Cash Offering Costs			Deferred Tax Liability			Beginning Balance Sheet on August 22, 2020
Cash and cash equivalents	$	1,943		$	1		$	99	$	92,554		$	(8,114	)	$	-		$	86,483
Accounts receivable		3,001			-			26		-			-			-			3,027
Total current assets		4,944			1			125		92,554			(8,114	)		-			89,510
Total oil and gas properties, net		452,039			-			-		-			-			-			452,039
Other property and equipment, net		436			-			-		-			-			-			436
Total assets	$	457,419		$	1		$	125	$	92,554		$	(8,114	)	$	-		$	541,985
Current liabilities	$	35,794		$	2,025		$	77	$	(9,538	)	$	-		$	-		$	28,358
Deferred income tax liability		-			-			-		-			-			39,946			39,946
Notes payable (receivable)		(11,675	)		11,675			-		-			-			-			-
Asset retirement obligations		2,398			-			-		-			-			-			2,398
Partners' capital		521,682			-			-		(521,682	)		-			-			-
Common stock		-			-			-		9			-			-			9
Additional paid-in capital		-			(13,699	)		48		623,765			(8,114	)		(39,946	)		562,054
Accumulated deficit		(90,780	)		-			-		-			-			-			(90,780	)
Total stockholders' equity/partner's capital		430,902			(13,699	)		48		102,092			(8,114	)		(39,946	)		471,283
Total liabilities and stockholders' equity/partners' capital	$	457,419		$	1		$	125	$	92,554		$	(8,114	)	$	-		$	541,985

Business Acquisition, Pro Forma Information [Table Text Block]

	(Unaudited Pro Forma) Year Ended December 31,
	2020			2019
Total revenues	$	24,623		$	9,057
Net income attributable to Common Stock		(23,310	)		(8,838	)
Basic and diluted net loss per share		(0.25	)		(0.10	)