Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Mar. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 51,619,000	$ 86,649,000
Accounts receivable	78,356,000	85,242,000
Inventory	8,706,000	10,952,000
Prepaid expenses	8,301,000	4,587,000
Derivative instruments	5,620,000	7,582,000
Total current assets	152,602,000	195,012,000
Crude oil and natural gas properties, using the successful efforts method of accounting:
Proved properties	4,140,881,000	3,959,545,000
Unproved properties	71,359,000	70,868,000
Accumulated depletion, depreciation and amortization	(1,293,949,000)	(1,184,684,000)
Total crude oil and natural gas properties, net	2,918,291,000	2,845,729,000
Other property and equipment, net	3,141,000	3,201,000
Other noncurrent assets	19,047,000	19,346,000
Total assets	3,093,081,000	3,063,288,000
Current liabilities:
Current maturities of long-term debt	120,000,000	120,000,000
Accounts payable – trade	66,473,000	74,011,000
Accrued capital expenditures	53,240,000	35,170,000
Revenues and royalties payable	27,993,000	26,838,000
Other accrued liabilities	22,065,000	22,196,000
Derivative instruments	8,275,000	5,380,000
Operating leases	821,000	719,000
Advances from joint interest owners	0	316,000
Total current liabilities	298,867,000	284,630,000
Noncurrent liabilities:
Long-term debt, net	902,844,000	928,384,000
Deferred income taxes	242,337,000	232,398,000
Asset retirement obligations	15,058,000	14,750,000
Operating leases	581,000	670,000
Commitments and Contingencies
Stockholders’ equity:
Preferred stock, $0.0001 par value, 10,000,000 shares authorized, none issued and outstanding at March 31, 2025 and December 31, 2024	0	0
Common stock, $0.0001 par value, 600,000,000 shares authorized, 126,067,436 and 126,067,436 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively	13,000	13,000
Additional paid-in capital	1,166,786,000	1,166,609,000
Retained earnings	466,595,000	435,834,000
Total stockholders’ equity	1,633,394,000	1,602,456,000
Total liabilities and stockholders’ equity	$ 3,093,081,000	$ 3,063,288,000