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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2025

Accounting Policies [Abstract]

Schedule of Accounts Payable and Accrued Liabilities

Accounts payable and accrued liabilities consisted of the following (in thousands):


			September 30, 2025						December 31, 2024
Revenue payable and suspense			$	143,505					$	139,703
Accounts payable			55,826						34,668
Accrued transportation, gathering, processing and compression			43,121						36,170
Accrued capital expenditures			20,616						20,229
Other accrued liabilities			50,832						67,311
Total accounts payable and accrued liabilities			$	313,900					$	298,081

Schedule of Supplemental Cash and Non Cash Information

Supplemental Cash Flow and Non-Cash Information (in thousands)


			Nine Months Ended September 30, 2025						Nine Months Ended September 30, 2024
Supplemental disclosure of cash flow information:
Interest payments, net of amounts capitalized			$	46,385					$	43,980
Income taxes paid			$	2,400					$	—
Changes in operating assets and liabilities, net:
Accounts receivable - oil, natural gas, and natural gas liquid sales			$	33,952					$	33,548
Accounts receivable - joint interest and other			817						7,947
Accounts payable and accrued liabilities			(17,612)						(21,117)
Prepaid expenses			(2,603)						850
Other assets			1						19
Total changes in operating assets and liabilities, net			$	14,555					$	21,247
Supplemental disclosure of non-cash transactions:
Capitalized stock-based compensation			$	4,554					$	4,142
Asset retirement obligation capitalized			$	520					$	681
Asset retirement obligation removed due to settlements			$	(1,030)					$	—
Release of common stock held in reserve			$	—					$	1,996
Unamortized 2026 Senior Notes debt issuance costs			$	—					$	447