XML 12 R2.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 36,514 $ 42,508
Trade and other receivables 16,995 19,780
Total current assets 59,717 67,832
Oil and natural gas properties (full cost method) 725,932 727,446
Accumulated full cost depletion (460,857) (429,435)
Total 265,075 298,011
Operating lease right-of-use asset 503 586
Total assets 325,632 366,812
Current liabilities:    
Accounts payable and other current liabilities 4,886 3,984
Operating lease liability 259 263
Total current liabilities 5,145 4,247
Operating lease liability 648 777
Total liabilities 5,793 5,024
Commitments and contingencies (Note 4)
Partnership capital:    
General Partner (3,497) (1,997)
Unitholders (47,340 common units issued and outstanding as of June 30, 2025 and December 31, 2024, respectively) 323,336 363,785
Total partnership capital 319,839 361,788
Total liabilities and partnership capital 325,632 366,812
Leasehold Improvements [Member]    
Current assets:    
Leasehold improvements 989 989
Accumulated amortization (652) (606)
Total 337 383
Related Party [Member]    
Current assets:    
Net profits interest receivable - related party $ 6,208 $ 5,544