XML 51 R40.htm IDEA: XBRL DOCUMENT v3.25.3
Morgan EP, LLC (Details) - USD ($)
$ in Thousands
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Assets                
Cash $ 1,149     $ 6,533        
Revenue receivables 143     139        
Other noncurrent assets                
Total assets 95,506     93,547        
Current liabilities:                
Accounts payable 250     172        
Long-term liabilities                
Total liabilities 55,341     45,260        
Retained earnings - beginning of year (34,634)     (26,512)        
Current year deficit (34,634)     (26,512)        
Member's deficit 40,165 $ 49,792 $ 45,892 48,287 $ 47,128 $ 40,051 $ 34,106 $ 35,237
MORGAN E&P, LLC [Member]                
Assets                
Cash 0     2,441        
Revenue receivables 283     464        
Joint interest billing receivables 2,644     1,391        
Other receivables 87     0        
Prepaids and other current assets 81     133        
Current assets 3,095     4,429        
Oil and gas properties, net - full cost method 11,356     10,326        
Other property, plant and equipment, net 37     46        
Total property, plant and equipment - net 11,393     10,372        
Other noncurrent assets                
Operating lease right-of-use assets, net 237     270        
Total noncurrent assets 237     270        
Total assets 14,725     15,071        
Current liabilities:                
Accounts payable 6,886     2,372        
Revenue payable 745     221        
Prepayments from working interest owners 0     122        
Current portion of operating lease liabilities 45     28        
Due to parent 17     13        
Accrued liabilities 240     5,383        
Total current liabilities 7,933     8,139        
Long-term liabilities                
Asset retirement obligations 4     4        
Long-term operating lease liabilities 220     254        
Note payable - Due to parent 10,500     8,253        
Long-term accrued liabilities - Due to parent 1,149     225        
Total long-term liabilities 11,873     8,736        
Total liabilities 19,806     16,875        
Retained earnings - beginning of year (1,804)     0        
Current year deficit (3,277)     (1,804)        
Member's deficit (5,081)     (1,804)        
Total liabilities and member's deficit $ 14,725     $ 15,071