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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net loss $ (3,384) $ (162)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation, depletion, accretion, and amortization 1,886 119
Deferred income taxes (2,689)
Unrealized loss (gain) on commodity derivatives 5,193 (109)
Loss (gain) on marketable equity securities (81) (50)
Amortization of debt issuance costs 10
Loss on warrant revaluation 20
Loss on related party debt conversion and settlement of legal costs 76
Stock-based compensation 1,500 79
Right of use asset amortization 24 20
Decrease (increase) in:    
Oil and natural gas sales receivable (3,337) (47)
Other assets (212) (35)
Increase (decrease) in:    
Accounts payable and accrued liabilities 2,594 (227)
Accrued compensation and benefits (990) (206)
Payments on operating lease liability (27) (14)
Net cash provided by (used in) operating activities 487 (536)
Cash flows from investing activities:    
Acquisition of properties (783)
Oil and natural gas capital expenditures (855) (376)
Expenditures for cash calls (1,456)
Property and equipment expenditures (159)
Proceeds from sale of oil and gas properties 30
Payment received on note receivable 20
Net cash used in investing activities (3,253) (326)
Cash flows from financing activities:    
Proceeds from sale of common stock, net of issuance costs 5,283
Borrowings on credit facility, net 3,828
Repayment of debt (3,847)
Repayments of insurance premium finance note payable (78)
Exercise of warrant 195
Shares withheld to settle tax withholding obligations for restricted stock awards (307) (39)
Net cash (used in) provided by financing activities (209) 5,244
Net (decrease) increase in cash and equivalents (2,975) 4,382
Cash and equivalents, beginning of period 4,422 2,854
Cash and equivalents, end of period $ 1,447 $ 7,236