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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash Flows from Operating Activities:    
Net income (loss) $ 31,851 $ (7,168)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Oil and gas lease expirations 332 1,465
Depletion, depreciation, amortization and accretion 9,083 6,633
(Gain) loss on derivatives (5,755) 49,632
Settlements on derivative contracts (5,088) (18,375)
Share-based compensation expense 1,260 1,017
Deferred income tax expense 5,283 (2,893)
Other 424 191
Changes in operating assets and liabilities    
Accounts receivable 911 (7,780)
Accounts receivable – related parties 0 (1,106)
Prepaid expenses and other current assets (1,276) 839
Accounts payable and accrued liabilities (3,894) 4,643
Accounts payable - related parties 24 193
Inventory (5,031) 0
Revenue payable 1,611 2,067
Other current liabilities 3,235 637
Net Cash Provided by Operating Activities 32,970 29,995
Cash Flows from Investing Activities:    
Additions to oil and natural gas properties (34,986) (10,171)
Contributions to equity method investment (1,840) 0
Funds held in escrow (33,000) 0
Additions to other property and equipment (109) (28)
Net Cash Used in Investing Activities (69,935) (10,199)
Cash Flows from Financing Activities:    
Deferred financing costs (49) (25)
Proceeds from revolving credit facility 33,000 3,000
Repayments under revolving credit facility 0 (5,000)
Payment of common share dividends (6,778) (6,140)
Common stock repurchased for tax withholding (234) (339)
Net Cash Provided by (Used in) Financing Activities 25,939 (8,504)
Net Increase (Decrease) in Cash and Cash Equivalents (11,026) 11,292
Cash and Cash Equivalents, Beginning of Period 13,301 8,317
Cash and Cash Equivalents, End of Period 2,275 19,609
Cash Paid For:    
Interest, net of capitalized interest 788 490
Income taxes 0 0
Non-cash Investing and Financing Activities:    
Changes in capital expenditures in accounts payable and accrued liabilities 2,870 15,044
Assets contributed to equity method investment $ 2,272 $ 0