Note 5 - Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2025

Notes Tables

Derivative Instruments, Gain (Loss) [Table Text Block]

	Three Months Ended March 31,
	2025			2024
Noncash derivative loss, net	$	(4,856	)	$	(47,895	)
Cash payments on settled derivatives, net		(3,071	)		(5,148	)
Derivative loss, net	$	(7,927	)	$	(53,043	)

Schedule of Price Risk Derivatives [Table Text Block]

									Swaps		Collars, Enhanced Collars & Deferred Premium Puts
Settlement Month	Settlement Year		Type of Contract		Bbls Per Day		Index		Price per Bbl		Floor or Strike Price per Bbl		Ceiling Price per Bbl		Deferred Premium Payable per Bbl
Crude Oil:
Apr - Jun		2025		Swap		5,500		WTI Cushing	$	76.37	$	—	$	—	$	—
Apr - Jun		2025		Collar		7,989		WTI Cushing	$	—	$	64.38	$	88.55	$	2.00
Apr - Jun		2025		Put		9,000		WTI Cushing	$	—	$	65.78	$	—	$	5.00
Jul - Sep		2025		Swap		3,000		WTI Cushing	$	75.85	$	—	$	—	$	—
Jul - Sep		2025		Collar		7,000		WTI Cushing	$	—	$	65.00	$	90.08	$	2.28
Jul - Sep		2025		Put		9,000		WTI Cushing	$	—	$	65.78	$	—	$	5.00
Oct - Dec		2025		Collar		5,000		WTI Cushing	$	—	$	60.00	$	72.80	$	—
Jan - Mar		2026		Collar		5,000		WTI Cushing	$	—	$	60.00	$	72.80	$	—

Settlement Month	Settlement Year		Type of Contract		MMBtu Per Day		Index		Price per MMBtu
Natural Gas:
Apr – Jun		2025		Swap		30,000		HH	$	4.43
Jul – Sep		2025		Swap		30,000		HH	$	4.43
Oct – Dec		2025		Swap		30,000		HH	$	4.43
Jan – Mar		2026		Swap		19,667		HH	$	4.43

Schedule of Derivative Assets and Liabilities By Counterparty [Table Text Block]

	As of March 31, 2025
Macquarie Bank Limited	$	(2,812	)
Wells Fargo Bank, National Association		(1,200	)
Fifth Third Bank, National Association		(583	)
Mercuria Energy Trading SA		1,940
	$	(2,655	)