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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)        
Oil and gas sales $ 9,050 $ 7,330 $ 28,977 $ 24,042
Operating expenses:        
Lease operating costs 2,556 2,245 8,635 7,540
Selling, general and administrative expense 1,343 1,297 4,221 4,118
Depreciation, depletion, amortization and accretion 3,055 2,932 10,782 8,411
Total operating expenses 6,954 6,474 23,638 20,069
Gain on sale of oil and gas properties 735 0 735 0
Operating income 2,831 856 6,074 3,973
Other income (expense):        
Interest income 84 88 326 272
Gain on sale of fixed asset 0 0 12 0
Other income (expense) 0 5 43 40
Total other income 84 93 295 312
Net income $ 2,915 $ 949 $ 6,369 $ 4,285
Income per common share:        
Basic $ 0.03 $ 0.01 $ 0.07 $ 0.05
Diluted $ 0.03 $ 0.01 $ 0.07 $ 0.05
Weighted average number of common shares outstanding:        
Basic 89,428,310 87,108,745 89,147,092 86,958,033
Diluted 89,428,310 87,108,745 89,147,092 86,958,033