Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 3,290	$ 15,195
Accrued revenue and accounts receivable	123,361	107,347
Prepaid assets	6,760	12,362
Derivative asset	1,811	19,080
Total current assets	135,222	153,984
Oil and natural gas properties, successful efforts method:
Unproved properties	2,464,836	2,698,991
Proved properties	2,941,347	2,377,196
Other property and equipment	3,737	3,711
Accumulated depreciation, depletion, amortization, and impairment	(818,633)	(498,531)
Total property and equipment, net	4,591,287	4,581,367
Long-term assets
Long-term derivative asset	0	3,440
Deferred financing costs	8,525	11,205
Operating lease right-of-use asset	5,940	5,970
Other long-term assets	2,746	2,835
Total long-term assets	17,211	23,450
TOTAL ASSETS	4,743,720	4,758,801
Current liabilities
Accounts payable and accrued expenses	46,385	30,050
Operating lease liability	1,646	1,725
Total current liabilities	48,031	31,775
Long-term liabilities
Long-term debt	1,078,181	865,338
Deferred tax liability	253,778	259,870
Non-current operating lease liability	5,462	5,394
Other long-term liabilities	1,150	1,150
Total long-term liabilities	1,338,571	1,131,752
Total liabilities	1,386,602	1,163,527
Commitments and contingencies (see Note 16)
Equity
Additional paid-in capital	1,710,372	1,796,147
Accumulated deficit	(146,792)	(187,738)
Noncontrolling interest	1,891,697	1,987,526
Total equity	3,357,118	3,595,274
TOTAL LIABILITIES AND EQUITY	4,743,720	4,758,801
Class A Common Stock
Equity
Common stock, value	8	8
Treasury shares	(96,910)	0
Class C Common Stock
Equity
Common stock, value	8	8
Treasury shares	$ (1,265)	$ (677)