Note 5 - Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2025

Notes Tables

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

	Three Months Ended June 30,					Six Months Ended June 30,
	2025		2024			2025		2024
Noncash derivative gain (loss), net	$	19,034	$	2,606		$	14,178	$	(45,289	)
Cash receipts (payments) on settled derivatives, net		7,412		(5,308	)		4,341		(10,456	)
Derivative gain (loss), net	$	26,446	$	(2,702	)	$	18,519	$	(55,745	)

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:
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	13,000	WTI Cushing	$	—	$	60.62	$	70.32	$	—
Jan - Mar	2026	Collar	13,000	WTI Cushing	$	—	$	60.62	$	70.32	$	—
Apr - Jun	2026	Collar	6,000	WTI Cushing	$	—	$	59.67	$	68.33	$	—
Jul - Sep	2026	Collar	6,000	WTI Cushing	$	—	$	59.67	$	68.33	$	—
Oct - Dec	2026	Collar	2,000	WTI Cushing	$	—	$	59.00	$	65.00	$	—
Jan - Mar	2027	Collar	2,000	WTI Cushing	$	—	$	59.00	$	65.00	$	—

Settlement Month	Settlement Year		Type of Contract		MMBtu Per Day		Index		Price per MMBtu
Natural Gas:
Jul – Sep		2025		Swap		30,000		HH	$	4.43
Oct – Dec		2025		Swap		30,000		HH	$	4.43
Jan – Mar		2026		Swap		30,000		HH	$	4.39
Apr – Jun		2026		Swap		30,000		HH	$	4.30
Jul – Sep		2026		Swap		30,000		HH	$	4.30
Oct – Dec		2026		Swap		30,000		HH	$	4.30
Jan – Mar		2027		Swap		19,667		HH	$	4.30

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

	As of June 30, 2025
Fifth Third Bank, National Association	$	10,182
Mercuria Energy Trading SA		3,761
Macquarie Bank Limited		1,953
Wells Fargo Bank, National Association		484
	$	16,380