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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenue:        
Oil Sales $ 8,005 $ 12,287 $ 16,054 $ 21,729
Gas Sales 221 (116) 769 261
Natural Gas Liquid ("NGL") Sales 521 617 916 1,033
Total Product Revenues 8,747 12,788 17,739 23,023
Other 7 11 17 21
Loss on Derivatives (1) (859)
Total Revenue 8,754 12,798 17,756 22,185
Costs and Expenses:        
Lease Operating Expense 6,387 7,543 12,153 14,930
Production and Ad Valorem Taxes 768 1,066 1,480 1,899
Depreciation, Depletion & Amortization 2,576 2,677 4,802 4,167
Accretion of Asset Retirement Obligation 534 492 1,060 977
General and Administrative:        
General and Administrative 2,906 2,354 6,103 5,233
Stock-Based Compensation 486 592 1,017 1,302
Total General and Administrative 3,392 2,946 7,120 6,535
Total Costs and Expenses 13,657 14,724 26,615 28,508
Operating Loss (4,903) (1,926) (8,859) (6,323)
Other Income and (Expense):        
Interest Expense (334) (735) (630) (1,050)
Other Income (Expense) 181 (1,729) 212 (991)
Loss Before Taxes (5,056) (4,390) (9,277) (8,364)
Income Tax Benefit (Provision)
Net Loss $ (5,056) $ (4,390) $ (9,277) $ (8,364)
Net Loss per Common Share:        
Basic $ (0.15) $ (0.15) $ (0.27) $ (0.30)
Diluted $ (0.15) $ (0.15) $ (0.27) $ (0.30)
Weighted-Average Number of Common Shares Outstanding:        
Basic 33,853,310 29,839,853 33,837,377 27,752,816
Diluted 33,853,310 29,839,853 33,837,377 27,752,816