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Unaudited Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenue:        
Revenue $ 1,738 $ 4,957 $ 5,959 $ 16,394
Operating expenses:        
Lease operating expenses 1,037 3,060 4,163 9,322
Gathering, transportation and treating 8 43 26 170
Production taxes 136 298 432 1,008
Depreciation, depletion, accretion and amortization 816 2,032 3,053 6,392
Impairment of oil and natural gas properties 869 1,424 3,628 6,843
Exploration Expense 128 0 174 0
General and administrative expenses 2,113 2,252 6,754 6,549
Loss on sale of assets 10 0 434 0
Total operating expenses 5,117 9,109 18,664 30,284
Operating loss (3,379) (4,152) (12,705) (13,890)
Other income (expense):        
Commodity derivative gain, net 0 2,030 0 537
Interest expense, net (72) (93) (167) (344)
Other income, net 110 (52) 362 (67)
Total other income 38 1,885 195 126
Net loss before income taxes (3,341) (2,267) (12,510) (13,764)
Income tax expense 0 20 0 6
Net loss $ (3,341) $ (2,247) $ (12,510) $ (13,758)
Basic and diluted weighted average shares outstanding (in shares) 32,793,272 28,052,356 33,630,832 26,304,200
Basic and diluted loss per share (in dollars per share) $ (0.1) $ (0.08) $ (0.37) $ (0.52)
Oil Sales[Member]        
Revenue:        
Revenue $ 1,587 $ 4,375 $ 5,201 $ 14,574
Natural Gas, Midstream [Member]        
Revenue:        
Revenue $ 151 $ 582 $ 758 $ 1,820