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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash Flows from Operating Activities:    
Net Income $ 11,500 $ 22,125
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion, amortization and accretion on discounted liabilities 13,933 13,860
Gain on sale and exchange of assets (6,104) (14,836)
Accretion of discount on asset retirement obligations 367 339
Unrealized (gain) loss on derivative instruments, net (980) 4,206
Deferred income taxes 2,571 6,285
Changes in assets and liabilities:    
Accounts receivable (14,641) (3,443)
Due from related parties 185 0
Due to related parties 0 (40)
Prepaids obligations 27,571 251
Accounts payable 5,548 (927)
Accrued liabilities (4,650) (340)
Right-of-use and other assets 217 0
Other long-term liabilities (85) 0
Net Cash Provided by Operating Activities 35,432 27,480
Cash Flows from Investing Activities:    
Capital expenditures, including exploration expense (47,017) (2,409)
Proceeds from sale of properties and equipment 6,459 14,836
Net Cash Provided by (Used in) Investing Activities (40,558) 12,427
Cash Flows from Financing Activities:    
Purchase of stock for treasury (5,364) (3,187)
Proceeds from long-term bank debt and other long-term obligations 4,000 0
Repayment of long-term bank debt and other long-term obligations (15,000) (36,000)
Net Cash Used in Financing Activities (16,364) (39,187)
Net (Decrease) Increase in Cash and Cash Equivalents (21,490) 720
Cash and Cash Equivalents at the Beginning of the Period 26,543 10,347
Cash and Cash Equivalents at the End of the Period 5,053 11,067
Supplemental Disclosures:    
Income taxes paid 9,000 75
Interest paid $ 337 $ 481