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Subsequent Events	9 Months Ended
	Mar. 31, 2025
Subsequent Events
Subsequent Events	Note 14. Subsequent Events Purchase of Non-operated Oil and Natural Gas Assets On April 14, 2025, the Company closed the acquisition of non-operating working interests in certain oil and natural gas wells located primarily in Lea, Eddy and Chaves Counties, New Mexico and Stephens County, Texas (the “TexMex Acquisition”) from a private seller. In March 2025, the Company made a deposit of $1.8 million with the seller to acquire the assets. The total purchase price for the TexMex Acquisition was approximately $9.0 million before customary post-closing adjustments, with an effective date of February 1, 2025. The Company funded the balance of the purchase price for the TexMex Acquisition in April 2025 through a combination of cash on hand and borrowings under its Senior Secured Credit Facility. The TexMex Acquisition includes an average working interest of 42.2% and an average revenue interest of 35.2% in approximately 600 wells. Dividend Declaration On May 12, 2025, the Company declared a quarterly cash dividend of $0.120 per share of common stock to shareholders of record on June 13, 2025 and payable on June 30, 2025.

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The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 855
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/855/tableOfContent

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 855
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483399/855-10-50-2

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