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ACQUISITIONS - TransGlobe Acquisition (Details) - USD ($) $ / shares in Units, $ in Thousands |  | 12 Months Ended |
--- | --- | --- | ---
Oct. 13, 2022 | Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022 | Mar. 31, 2023
Bargain purchase gain |  | $ 13,532 | $ (1,412) | $ 10,819 |
TransGlobe |  |  |  |  |
Transaction costs |  |  |  | 6,500 |
Pro forma (unaudited) |  |  |  |  |
Asset impairment charges |  |  |  | 23,700 |
Severance costs |  |  |  | 10,200 |
TransGlobe |  |  |  |  |
Consideration transferred | $ 274,100 |  |  |  |
Bargain purchase gain | $ 9,400 |  |  | 10,800 |
Transaction costs |  |  |  | 14,600 |
Pro forma (unaudited) |  |  |  |  |
Crude oil, natural gas and natural gas liquids sales |  |  |  | 547,670 |
Operating income |  |  |  | 267,582 |
Net income (loss) |  |  |  | $ 130,425 |
Income (loss) from continuing operations (in dollar per share) |  |  |  | $ 1.21 |
Basic weighted average shares outstanding (in shares) |  |  |  | 108,206,000 |
Income (loss) from continuing operations (in dollar per share) |  |  |  | $ 1.20 |
Diluted weighted average shares outstanding (in shares) |  |  |  | 108,642,000 |
TransGlobe | Foreign Tax Jurisdiction | Egyptian Tax Authority |  |  |  |  |
Pro forma (unaudited) |  |  |  |  |
Deferred tax liability |  |  |  |  | $ 1,400
TransGlobe | Cumulative Effect, Period of Adoption, Adjustment |  |  |  |  |
Pro forma (unaudited) |  |  |  |  |
Crude oil, natural gas and natural gas liquids sales |  |  |  | $ 0 |
Operating income |  |  |  | 0 |
Net income (loss) |  |  |  | $ 1,412 |
Income (loss) from continuing operations (in dollar per share) |  |  |  | $ 0.01 |
Basic weighted average shares outstanding (in shares) |  |  |  | 108,206,000 |
Income (loss) from continuing operations (in dollar per share) |  |  |  | $ 0.01 |
Diluted weighted average shares outstanding (in shares) |  |  |  | 108,642,000 |
TransGlobe | Cumulative Effect, Period of Adoption, Adjusted Balance |  |  |  |  |
Pro forma (unaudited) |  |  |  |  |
Crude oil, natural gas and natural gas liquids sales |  |  |  | $ 547,670 |
Operating income |  |  |  | 267,582 |
Net income (loss) |  |  |  | $ 131,837 |
Income (loss) from continuing operations (in dollar per share) |  |  |  | $ 1.22 |
Basic weighted average shares outstanding (in shares) |  |  |  | 108,206,000 |
Income (loss) from continuing operations (in dollar per share) |  |  |  | $ 1.21 |
Diluted weighted average shares outstanding (in shares) |  |  |  | 108,642,000 |

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