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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current Assets:    
Cash $ 1,189 $ 2,251
Accounts Receivable 5,122 8,155
Inventory 1,262 1,305
Prepaids 607 640
Total Current Assets 8,180 12,351
Property and Equipment:    
Oil and Natural Gas Properties, Successful Efforts 148,238 140,675
Less: Accumulated Depletion, Amortization and Impairment (93,425) (31,974)
Total Oil and Gas Properties, Net 54,813 108,701
Other Property and Equipment, Net 1,486 1,391
Total Property and Equipment, Net 56,299 110,092
Other Noncurrent Assets 1,394 1,425
Total Assets 65,873 123,868
Current Liabilities:    
Accounts Payable 10,799 10,452
Accrued Expenses 12,616 10,348
Current Portion of Lease Liability 286 400
Current Portion of Long-Term Debt 641 70
Total Current Liabilities 24,342 21,270
Long-Term Debt 14,415 $ 11,266
Long-Term Note Payable - Related Party, net (Note 7) $ 1,023  
Notes Payable, Noncurrent, Related Party [Extensible Enumeration] Related Party [Member] Related Party [Member]
Long-Term Lease Liability $ 12 $ 144
Derivative Instruments (Note 7) 281  
Asset Retirement Obligations 30,406 28,423
Total Liabilities 70,479 61,103
Commitments and Contingencies (Note 14)
Stockholders' Equity:    
Series A Preferred Stock - $0.001 Par Value, 10,000,000 Shares Authorized, 6 and 6 Shares Issued and Outstanding, Respectively
Common Stock - $0.001 Par Value 190,000,000 Shares Authorized, 34,855,815 and 33,667,132 Shares Issued and Outstanding, Respectively 94 93
Additional Paid-in-Capital 148,191 143,489
Accumulated Deficit (152,891) (80,817)
Total Stockholders' Equity (Deficit) (4,606) 62,765
Total Liabilities and Stockholders' Equity $ 65,873 $ 123,868