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Note 2 - Acquisitions - Asset Acquisitions (Details) - USD ($) $ in Thousands |  |  | 12 Months Ended
--- | --- | --- | ---
Jul. 27, 2022 | Jan. 05, 2022 | Dec. 31, 2023 | Dec. 31, 2022
Debt assumed |  |  |  | $ 7,500 | $ 6,547
Suspense accounts assumed |  |  |  | 169 | 1,826
Asset retirement obligations assumed |  |  |  | 1,831 | 13,040
Total liabilities assumed |  |  |  | $ 0 | $ 3,152
January 2022 Acquisition [Member] |  |  |  |  |
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) | [1] |  | 87,672 |  |
Vehicles |  |  | 165 |  |
Deposit account |  |  | 169 |  |
Total allocation to acquired assets |  |  | $ 88,006 |  |
East Texas Acquisition [Member] |  |  |  |  |
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(1) | [2] | $ 12,959 |  |  |
[1] | Included in the above purchase price adjustments is settlement for oil in temporary storage in tank batteries at the leases of $1,286. The Company does not separately account for oil in temporary storage until the oil is sold and title transfers to the purchaser. Consistent with the Company’s accounting policy and reporting of similar transactions this amount was recorded within Evaluated Properties on the Company’s Consolidated Balance Sheet.
[2] | Included in the above purchase price adjustments is settlement for oil in temporary storage in tank batteries at the leases of $557. The Company does not separately account for oil in temporary storage until the oil is sold and title transfers to the purchaser. Consistent with the Company’s accounting policy and reporting of similar transactions this amount was recorded within Evaluated Properties on the Company’s Consolidated Balance Sheet.

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