XML 54 R39.htm IDEA: XBRL DOCUMENT v3.23.1
Senior Secured Credit Facility (Details)
$ in Millions
9 Months Ended
May 05, 2023
USD ($)
Apr. 11, 2016
USD ($)
Mar. 31, 2023
USD ($)
agreement
Mar. 31, 2022
Feb. 07, 2022
Nov. 09, 2021
USD ($)
Aug. 05, 2021
USD ($)
Jun. 30, 2021
USD ($)
Debt Instrument [Line Items]                
Minimum current ratio   1.00            
Percentage of production hedged         25.00%      
Hedge period     12 months          
Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Subsequent Event | Minimum                
Debt Instrument [Line Items]                
Debt instrument, variable interest rate 0.50%              
Senior Secured Reserve-Based Credit Facility | Revolving credit facility | Subsequent Event                
Debt Instrument [Line Items]                
Credit facility maturity date Apr. 09, 2026              
Margined collateral value $ 95.0              
Senior Secured Reserve-Based Credit Facility | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Revolving credit facility | Subsequent Event                
Debt Instrument [Line Items]                
Credit spread adjustment 0.05%              
Line of Credit | Senior Secured Reserve-Based Credit Facility                
Debt Instrument [Line Items]                
Debt instrument, variable interest rate     5.25% 3.04%        
Line of Credit | Senior Secured Reserve-Based Credit Facility | Revolving credit facility                
Debt Instrument [Line Items]                
Term of debt instrument   3 years            
Maximum borrowing capacity   $ 50.0            
Available borrowing capacity     $ 50.0          
Initial borrowing base           $ 50.0    
Credit facility, number of rights to interim unscheduled redeterminations | agreement     1          
Minimum consolidated tangible net worth             $ 40.0 $ 50.0
Commitment fee percentage   0.25%            
Maximum total leverage ratio (not more than)   3.00            
Current borrowing base     $ 50.0          
Debt instrument, covenant, percent of borrowings base utilized           25.00%    
Line of Credit | Senior Secured Reserve-Based Credit Facility | Revolving credit facility | Minimum                
Debt Instrument [Line Items]                
Percent of instrument hedged           25.00%    
Line of Credit | Senior Secured Reserve-Based Credit Facility | Revolving credit facility | Maximum                
Debt Instrument [Line Items]                
Percent of instrument hedged           75.00%    
Line of Credit | Senior Secured Reserve-Based Credit Facility | Revolving credit facility | Subsequent Event                
Debt Instrument [Line Items]                
Credit facility maturity date Apr. 09, 2026              
Line of Credit | Senior Secured Reserve-Based Credit Facility | Prime Rate | Revolving credit facility | Subsequent Event                
Debt Instrument [Line Items]                
Basis spread on variable rate 1.00%              
Line of Credit | Senior Secured Reserve-Based Credit Facility | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Revolving credit facility | Subsequent Event                
Debt Instrument [Line Items]                
Basis spread on variable rate 2.80%