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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash Flows From Operating Activities:    
Net income $ 4,285 $ 5,628
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion, amortization and accretion 8,411 6,427
Amortization of right-of-use asset 86 75
Share-based compensation expense 1,546 1,572
Changes in operating assets and liabilities:    
Accounts receivable - oil and gas (3,185) (899)
Prepaid expenses and other current assets (93) 10
Accounts payable (232) (243)
Accrued expenses 669 366
Revenue payable (62) 58
Net cash provided by operating activities 11,425 12,994
Cash Flows From Investing Activities:    
Cash paid for drilling and completion costs (27,985) (11,413)
Cash received from the sale of oil and gas property 366 0
Cash received from security deposit reimbursement 9 0
Cash paid for vehicle (45) 0
Net cash used in investing activities (27,655) (11,413)
Cash Flows From Financing Activities:    
Proceeds from issuance of shares, net of offering costs 0 50
Net cash provided by financing activities 0 50
Net (decrease) increase in cash and restricted cash (16,230) 1,631
Cash and restricted cash at beginning of period 32,977 29,227
Cash and restricted cash at end of period 16,747 30,858
Cash paid for:    
Interest 0 0
Income taxes 0 0
Noncash investing and financing activities:    
Change in accrued oil and gas development costs 12,558 1,791
Changes in estimates of asset retirement costs, net 131 158
Issuance of restricted common stock $ 1 $ 2