Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 173,380	$ 194,515
Accounts receivable	109,005	94,589
Inventory	11,179	7,254
Prepaid expenses	2,772	995
Derivative instruments	2,639	31,480
Total current assets	298,975	328,833
Crude oil and natural gas properties, using the successful efforts method of accounting:
Proved properties	3,487,622	3,338,107
Unproved properties	72,997	72,715
Accumulated depletion, depreciation and amortization	(814,961)	(684,179)
Total crude oil and natural gas properties, net	2,745,658	2,726,643
Other property and equipment, net	3,563	3,572
Derivative instruments	1,380	16,059
Other noncurrent assets	5,116	5,684
Total assets	3,054,692	3,080,791
Current liabilities:
Current maturities of long-term debt	120,000	120,000
Accrued capital expenditures	49,232	39,231
Accounts payable – trade	47,273	63,583
Revenues and royalties payable	29,344	29,724
Other accrued liabilities	19,580	19,613
Derivative instruments	16,440	13,054
Advances from joint interest owners	4,845	262
Accrued interest	847	1,398
Operating leases	400	528
Total current liabilities	287,961	287,393
Noncurrent liabilities:
Long-term debt, net	1,004,798	1,030,299
Deferred income taxes	198,757	197,068
Asset retirement obligations	13,685	13,245
Derivative instruments	1,054	65
Commitments and Contingencies
Stockholders’ equity:
Preferred stock, $0.0001 par value, 10,000,000 shares authorized, none issued and outstanding at March 31, 2024 and December 31, 2023	0	0
Common stock, $0.0001 par value, 600,000,000 shares authorized, 127,855,383 and 128,420,923 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively	13	13
Additional paid-in capital	1,184,371	1,189,424
Retained earnings	364,053	363,284
Total stockholders’ equity	1,548,437	1,552,721
Total liabilities and stockholders’ equity	$ 3,054,692	$ 3,080,791