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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash Flows From Operating Activities:    
Net income $ 6,369 $ 4,285
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion, amortization and accretion 10,782 8,411
Share-based compensation expense 1,401 1,546
Gain on sale of oil and gas properties (735) 0
Amortization of right-of-use asset 83 86
Uncollectible account expense 50 0
Gain on disposal of fixed asset (12) 0
Changes in operating assets and liabilities:    
Accounts receivable - oil and gas 467 (3,185)
Note receivable accrued interest (78) 0
Prepaid expenses and other current assets (543) (93)
Accounts payable (1,088) (232)
Accrued expenses (6,041) 669
Revenue payable (2,108) (62)
Net cash provided by operating activities 8,547 11,425
Cash Flows From Investing Activities:    
Cash paid for drilling and completion costs (23,134) (27,985)
Cash received from the sale of oil and gas property 1,115 366
Cash received for sale of vehicle 12 0
Cash received from security deposit reimbursement 0 9
Cash paid for vehicles (91) (45)
Net cash used in investing activities (22,098) (27,655)
Cash Flows From Financing Activities:    
Proceeds from issuance of shares, net of offering costs 0 0
Net cash provided by financing activities 0 0
Net decrease in cash and restricted cash (13,551) (16,230)
Cash and restricted cash at beginning of period 20,715 32,977
Cash and restricted cash at end of period 7,164 16,747
Cash paid for:    
Interest 0 0
Income taxes 0 0
Noncash investing and financing activities:    
Change in accrued oil and gas development costs 5,009 12,558
Changes in estimates of asset retirement costs, net 56 131
Issuance of restricted common stock $ 2 $ 1