Note 3 - Additional Balance Sheet Information

3 Months Ended

Mar. 31, 2024

Notes to Financial Statements

Supplemental Balance Sheet Disclosures [Text Block]

(3) Additional Balance Sheet Information:

Certain balance sheet amounts are comprised of the following: 

(Thousands of dollars)	March 31, 2024			December 31, 2023
Accounts Receivable:
Joint interest billing	$	2,794		$	2,560
Trade receivables		2,197			2,345
Oil and gas sales		18,699			14,457
Taxes		6,341			1,458
Other		177			155
		30,208			20,975
Less: Allowance for credit losses		(674	)		(674	)
Total	$	29,534		$	20,301
Accounts Payable:
Trade	$	6,042		$	9,847
Royalty and other owners		4,372			4,405
Partner advances		946			946
Other		235			226
Total	$	11,595		$	15,424
Accrued Liabilities:
Compensation and related expenses	$	8,943		$	10,324
Taxes		795			929
Lease operating costs		3,745			3,898
Other		271			198
Total	$	13,754		$	15,349