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SUMMARY OF AMOUNTS INCURRED FOR ASSETS ACQUIRED (Details) - USD ($)
$ in Thousands
12 Months Ended
Jul. 27, 2022
Jan. 05, 2022
Dec. 31, 2022
Business Acquisition [Line Items]      
Value of 19,905,736 shares issued     $ 64,694
Sellers [Member]      
Business Acquisition [Line Items]      
Cash   $ 1,250  
Value of 19,905,736 shares issued   64,694  
Purchase price adjustments   487  
Transaction costs   1,267  
Total consideration paid   67,698  
Debt assumed   3,347  
Commodity derivative liabilities assumed   3,152  
Suspense accounts assumed   1,276  
Employee obligations assumed   100  
Asset retirement obligations assumed   9,614  
Deferred tax liabilities   2,819  
Total liabilities assumed   20,308  
Total consideration paid and liabilities assumed   88,006  
Proved oil and gas properties [1]   87,672  
Vehicles   165  
Deposit account   169  
Total allocation to acquired assets   $ 88,006  
ETXEnergy LLC [Member]      
Business Acquisition [Line Items]      
Cash $ 11,875    
Purchase price adjustments (1,048)    
Transaction costs 63    
Total consideration paid 10,890    
Suspense accounts assumed 380    
Asset retirement obligations assumed 1,689    
Total liabilities assumed 2,069    
Total consideration paid and liabilities assumed 12,959    
Proved oil and gas properties [2] $ 12,959    
[1] Amount includes $1,286 of acquired oil in tank batteries. Consistent with the Company’s historical accounting policy and reporting of similar transactions, oil in tank batteries acquired in the Acquisition were recorded within Evaluated Properties on the Company’s consolidated balance sheet.
[2] Amount includes $557 of acquired oil in tank batteries. Consistent with the Company’s historical accounting policy and reporting of similar transactions, oil in tank batteries acquired in the acquisition of the East Texas Assets were recorded within Evaluated Properties on the Company’s consolidated balance sheet.