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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 969 $ 792
Accounts receivable 138,343 89,714
Fair value of commodity derivatives 116,549 52,549
Other current assets 5,590 2,671
Total Current Assets 261,451 145,726
Property and Equipment:    
Property, Plant and Equipment, Gross 3,597,160 2,529,223
Less - Accumulated depreciation, depletion, and amortization (1,223,241) (1,004,044)
Property, Plant and Equipment, Net 2,373,919 1,525,179
Right of use assets 12,888 12,077
Fair value of long-term commodity derivatives 55,114 24,172
Other Long-Term Assets 31,090 9,208
Total Assets 2,734,462 1,716,362
Current Liabilities:    
Accounts payable and accrued liabilities 98,816 60,200
Deferred acquisition liability 50,000 0
Fair value of commodity derivatives 5,509 40,796
Accrued capital costs 31,900 56,465
Long-Term Debt, Current Maturities 28,125 0
Accrued interest 9,668 2,665
Current lease liability 4,001 8,553
Undistributed oil and gas revenues 20,425 27,160
Total Current Liabilities 248,444 195,839
Long-Term Debt 1,173,766 688,531
Non-current lease liability 8,899 3,775
Deferred tax liabilities, net 99,227 16,141
Asset Retirement Obligation 11,584 9,171
Fair value of long-term commodity derivatives 2,504 7,738
Other long-term liabilities $ 710 $ 3,588
Preferred Stock, Shares Outstanding 0 0
Stockholders' Equity:    
Preferred Stock, Value, Outstanding $ 0 $ 0
Common Stock, Value, Issued 259 227
Additional paid-in capital 679,202 576,118
Treasury Stock, Value (10,617) (7,534)
Retained earnings (Accumulated deficit) 520,484 222,768
Total Stockholders' Equity (Deficit) 1,189,328 791,579
Total Liabilities and Stockholders' Equity 2,734,462 1,716,362
Capitalized Costs, Unproved Properties $ 28,375 $ 16,272
Preferred Stock, Par or Stated Value Per Share $ 0.01 $ 0.01
Preferred Stock, Shares Authorized 10,000,000 10,000,000
Common Stock, Par or Stated Value Per Share $ 0.01 $ 0.01
Common Stock, Shares Authorized 40,000,000 40,000,000
Common Stock, Shares, Issued 25,914,956 22,663,135
Common Stock, Shares, Outstanding 25,429,610 22,309,740
Treasury Stock, Shares 485,346 353,395