Transactions With Related Parties

3 Months Ended

Mar. 31, 2023

Related Party Transactions [Abstract]

Transactions With Related Parties

TRANSACTIONS WITH RELATED PARTIES

One current director, Robert Anderson, also serves as an executive with GBK Corporation, a holding company with numerous energy and industry subsidiaries and affiliates, including Kaiser Francis Oil Company. The Company in the ordinary course of business, made payments for working interests, joint interest billings, and product purchases to, and received payments for working interests, and joint interest billings, from, Kaiser Francis Oil Company.

The table below presents the payment activity with this related party during the periods indicated:

	Three Months Ended March 31,
	2023		2022
	(In thousands)
Payments made to:
Kaiser Francis Oil Company	$	1,166	$	3,382
Payments received from:
Kaiser Francis Oil Company	$	1,801	$	3,949