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Unaudited Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue:    
Total revenue $ 5,391 $ 8,272
Operating expenses:    
Lease operating expenses 3,186 4,409
Gathering, transportation and treating 64 114
Production taxes 343 520
Depreciation, depletion, accretion and amortization 2,195 2,417
Impairment of oil and natural gas properties 5,419 0
General and administrative expenses 2,206 2,772
Total operating expenses 13,413 10,232
Operating income (loss) (8,022) (1,960)
Other income (expense):    
Commodity derivative gain (loss), net (1,381) 919
Interest (expense), net (120) (268)
Other income (expense), net 4 0
Total other income (expense) (1,497) 651
Net income (loss) before income taxes (9,519) (1,309)
Income tax (expense) benefit (18) 62
Net income (loss) $ (9,537) $ (1,247)
Basic and diluted weighted average shares outstanding (in shares) 25,388,221 25,178,565
Basic and diluted income (loss) per share (in dollars per share) $ (0.38) $ (0.05)
Oil Sales[Member]    
Revenue:    
Total revenue $ 4,727 $ 7,095
Natural Gas, Midstream [Member]    
Revenue:    
Total revenue $ 664 $ 1,177