Consolidated Balance Sheets - USD ($)	Dec. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 86,649,000	$ 194,515,000
Accounts receivable	85,242,000	94,589,000
Inventory	10,952,000	7,254,000
Derivative instruments	7,582,000	31,480,000
Prepaid expenses	4,587,000	995,000
Total current assets	195,012,000	328,833,000
Crude oil and natural gas properties, using the successful efforts method of accounting:
Proved properties	3,959,545,000	3,338,107,000
Unproved properties	70,868,000	72,715,000
Accumulated depletion, depreciation and amortization	(1,184,684,000)	(684,179,000)
Total crude oil and natural gas properties, net	2,845,729,000	2,726,643,000
Other property and equipment, net	3,201,000	3,572,000
Derivative instruments	0	16,059,000
Other noncurrent assets	19,346,000	5,684,000
Total assets	3,063,288,000	3,080,791,000
Current liabilities:
Current maturities of long-term debt	120,000,000	120,000,000
Accounts payable – trade	74,011,000	63,583,000
Accrued capital expenditures	35,170,000	39,231,000
Revenues and royalties payable	26,838,000	29,724,000
Other accrued liabilities	22,196,000	19,613,000
Derivative instruments	5,380,000	13,054,000
Operating leases	719,000	528,000
Advances from joint interest owners	316,000	262,000
Accrued interest	0	1,398,000
Total current liabilities	284,630,000	287,393,000
Noncurrent liabilities:
Long-term debt, net	928,384,000	1,030,299,000
Deferred income taxes	232,398,000	197,068,000
Asset retirement obligations	14,750,000	13,245,000
Operating leases	670,000	0
Derivative instruments	0	65,000
Commitments and Contingencies
Stockholders’ equity:
Preferred stock, $0.0001 par value, 10,000,000 shares authorized, none issued and outstanding at December 31, 2024 and 2023	0	0
Common stock, $0.0001 par value, 600,000,000 shares authorized, 126,067,436 and 128,420,923 shares issued and outstanding at December 31, 2024 and 2023, respectively	13,000	13,000
Additional paid-in capital	1,166,609,000	1,189,424,000
Retained earnings	435,834,000	363,284,000
Total stockholders’ equity	1,602,456,000	1,552,721,000
Total liabilities and stockholders’ equity	$ 3,063,288,000	$ 3,080,791,000