Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 1,750	$ 11,061
Accounts receivable, net	29,534	20,301
Prepaid obligations	791	376
Other current assets	38	38
Total current assets	32,113	31,776
Properties and equipment:
Oil and gas properties at cost	713,352	659,792
Less: Accumulated depletion and depreciation	416,964	406,913
Oil and Gas Property, Successful Effort Method, Net	296,388	252,879
Field and office equipment at cost	27,298	26,955
Less: Accumulated depreciation	(23,984)	(23,715)
Property, Plant and Equipment, Net	3,314	3,240
Total Property and Equipment, Net	299,702	256,119
Other assets	1,081	673
Total Assets	332,896	288,568
Current liabilities:
Accounts payable	11,595	15,424
Accrued property cost	61,945	33,264
Accrued liabilities	13,754	15,349
Current portion of asset retirement and other long-term obligations	1,138	692
Total Current Liabilities	88,476	64,809
Long-Term Bank Debt	4,000	0
Asset Retirement Obligations	14,649	14,707
Deferred income taxes	55,523	47,236
Other Long-Term Obligations	828	866
Total Liabilities	163,476	127,618
Commitments and Contingencies
Equity
Common stock, $.10 par value; 2024 and 2023: Authorized: 2,810,000 shares, outstanding 2024: 1,790,245; outstanding 2023: 1,820,100 shares	281	281
Paid-in capital	7,555	7,555
Retained earnings	216,988	205,669
Treasury stock, at cost; 2024: 1,019,755 shares; 2023: 989,900	55,404	52,555
Total Equity	169,420	160,950
Total Liabilities and Equity	332,896	288,568
Related Party [Member]
Current liabilities:
Due to related parties	$ 44	$ 80