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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 58,900 $ 82,650
Restricted cash 136 143
Receivables:    
Trade, net of allowances for credit loss and other of $0.0 million and $0.2 million, respectively 39,924 94,778
Accounts with joint venture owners, net of allowance for credit losses of $2.7 million and $1.5 million, respectively 5,420 179
Egypt receivables and other 2,277 35,763
Crude oil inventory 1,774 9,441
Prepayments and other 24,370 14,973
Current assets held for sale 179 0
Total current assets 132,980 237,927
Crude oil, natural gas and NGLs properties and equipment, net 586,095 538,103
Other noncurrent assets:    
Restricted cash 1,659 8,665
Value added tax and other receivables, net of allowances for credit loss and other of $0.0 million and $0.8 million, respectively 7,149 10,094
Right of use operating lease assets 16,596 17,254
Right of use finance lease assets 68,615 79,849
Deferred tax assets 54,825 55,581
Abandonment funding 6,268 6,268
Other long-term assets 7,362 1,209
Noncurrent assets held for sale 31,826 0
Total assets 913,375 954,950
Current liabilities:    
Accrued liabilities and other 106,444 107,710
Operating lease liabilities - current portion 5,744 3,512
Finance lease liabilities - current portion 12,119 13,383
Foreign income taxes payable 19,656 42,043
Current liabilities held for sale 183 0
Total current liabilities 192,000 181,728
Asset retirement obligations 78,406 78,592
Operating lease liabilities - net of current portion 11,183 13,903
Finance lease liabilities - net of current portion 57,256 67,377
Deferred tax liabilities 63,630 93,904
Long-term debt 60,000 0
Other long-term liabilities 0 17,863
Noncurrent liabilities held for sale 7,403 0
Total liabilities 469,878 453,367
Commitments and contingencies (Note 11)
Shareholders’ equity:    
Preferred stock, $25 par value; 500,000 shares authorized, none issued 0 0
Common stock, $0.10 par value; 160,000,000 shares authorized, 123,017,656 and 122,304,124 shares issued, 104,258,253 and 103,743,163 shares outstanding, respectively 12,302 12,230
Additional paid-in capital 368,536 362,578
Accumulated other comprehensive loss (498) (4,962)
Less treasury stock, 18,759,403 and 18,560,931 shares, respectively, at cost (78,733) (78,024)
Retained earnings 141,890 209,761
Total shareholders' equity 443,497 501,583
Total liabilities and shareholders' equity 913,375 954,950
Nonrelated Party    
Current liabilities:    
Accounts payable 44,661 11,756
Related Party    
Current liabilities:    
Accounts payable $ 3,193 $ 3,324