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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash Flows from Operating Activities:    
Net Income $ 53,127 $ 22,220
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion, amortization and accretion on discounted liabilities 45,845 22,857
Accretion of discount on asset retirement obligations 514 550
Gain on sale and exchange of assets (3,411) (8,206)
Unrealized gain on derivative instruments, net 0 (980)
Deferred income taxes 8,077 3,320
us-gaap_IncreaseDecreaseInOperatingCapitalAbstract    
Accounts receivable (14,003) (5,225)
Due from related parties 0 388
Due to related parties (52) 398
Prepaids obligations (757) 32,426
Other current assets 33 0
Accounts payable 26,753 449
Accrued property costs (26,131) 0
Accrued liabilities 2,708 2,700
Right of use and other assets (701) 0
Other long-term liabilities 0 (173)
Net Cash Provided by Operating Activities 92,002 70,724
Net Cash Provided by (Used in) Investing Activities [Abstract]    
Capital expenditures, including exploration expense (98,395) (67,069)
Proceeds from sale of properties and equipment 4,153 7,434
Net Cash Provided by (Used in) Investing Activities (94,242) (59,635)
Cash Flows from Financing Activities    
Purchase of stock for treasury (10,239) (6,572)
Proceeds from long-term bank debt 57,500 0
Repayment of long-term bank debt and other long-term obligations (54,500) (11,270)
Net Cash Provided by (Used in) Financing Activities (7,239) (17,842)
Net (Decrease) Increase in Cash and Cash Equivalents (9,479) (6,753)
Cash and Cash Equivalents at the Beginning of the Period 11,061 26,543
Cash and Cash Equivalents at the End of the Period 1,582 19,790
Supplemental Cash Flow Information [Abstract]    
Income taxes paid during the year 101 9,288
Interest paid $ 782 $ 450