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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended 126 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Cash flows from operating activities:      
Net income (loss) $ 4,080 $ 35,217  
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depletion, depreciation, and accretion 20,062 14,273  
Stock-based compensation 2,137 1,639  
Settlement of asset retirement obligations (20) (174)  
Deferred income taxes (101) (296)  
Unrealized (gain) loss on derivative contracts 893 (1,994)  
Accrued settlements on derivative contracts 67 (919)  
Other   (4)  
Changes in operating assets and liabilities:      
Receivables from crude oil, natural gas, and natural gas liquids revenues (2,910) 18,441  
Prepaid expenses and other current assets (1,562) (692)  
Accounts payable and accrued liabilities and other 374 (13,489)  
State and federal taxes payable (291) (730)  
Net cash provided by operating activities 22,729 51,272  
Cash flows from investing activities:      
Acquisition of oil and natural gas properties (38,734) (31)  
Capital expenditures for oil and natural gas properties (10,899) (6,961)  
Net cash used in investing activities (49,633) (6,992)  
Cash flows from financing activities:      
Common stock dividends paid (16,040) (16,106) $ (118,400)
Common stock repurchases, including stock surrendered for tax withholding (1,144) (4,170)  
Borrowings under senior secured credit facility 42,500    
Repayments of senior secured credit facility (3,000) (21,250)  
Net cash provided by (used in) financing activities 22,316 (41,526)  
Net increase (decrease) in cash and cash equivalents (4,588) 2,754  
Cash and cash equivalents, beginning of period 11,034 8,280  
Cash and cash equivalents, end of period 6,446 11,034 $ 6,446
Supplemental disclosures of cash flow information:      
Cash paid for interest on senior secured credit facility 1,331 498  
Cash paid for income taxes 2,804 11,876  
Non-cash investing and financing transactions:      
Increase (decrease) in accrued capital expenditures for oil and natural gas properties (1,969) 766  
Oil and natural gas property costs attributable to the recognition of asset retirement obligations $ 887 $ 2,015