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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenue:    
Total revenue $ 8,872 $ 1,211
Operating expenses:    
Lease operating expense 2,735 568
Production taxes 572 79
Depreciation, depletion, accretion and amortization 1,886 119
General and administrative expenses 2,946 734
Total operating expenses 8,139 1,500
Operating income (loss) 733 (289)
Other non-operating income (expense):    
Commodity derivative (loss) gain (6,837) 107
Marketable equity securities gain 81 50
Warrant revaluation loss (20)
Rental property gain, net 17
Other income 25
Interest expense, net (50) (52)
Total other (expense) income (6,806) 127
Net loss before income taxes (6,073) (162)
Income tax benefit 2,689
Net loss $ (3,384) $ (162)
Basic and diluted weighted average shares outstanding 23,717,240 3,923,730
Basic and diluted net loss per share $ (0.14) $ (0.04)
Oil [Member]    
Revenue:    
Total revenue $ 7,833 $ 1,132
Natural Gas, Midstream [Member]    
Revenue:    
Total revenue $ 1,039 $ 79