CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current Assets:
Cash and cash equivalents	$ 15,319	$ 13,301
Accounts receivable	35,126	25,551
Prepaid expenses	1,625	3,236
Inventory	6,177	8,886
Current derivative assets	5,013	20
Total current assets	63,260	50,994
Oil and natural gas properties, net (successful efforts)	846,901	440,102
Other property and equipment, net	20,653	20,023
Non-current derivative assets	2,296	0
Other non-current assets, net	12,601	4,175
Total Assets	945,711	515,294
Current Liabilities:
Accounts payable	3,855	3,939
Accrued liabilities	33,159	35,582
Revenue payable	30,695	17,750
Current derivative liabilities	360	16,472
Current portion of long-term debt	20,000	0
Other current liabilities	6,276	2,562
Total Current Liabilities	94,345	76,305
Non-current derivative liabilities	0	12
Asset retirement obligations	19,255	2,724
Long-term debt	335,959	56,000
Deferred tax liabilities	73,345	45,756
Other non-current liabilities	1,212	1,051
Total Liabilities	524,116	181,848
Commitments and Contingencies (Note 13)
Shareholders' Equity:
Preferred stock, $0.0001 par value, 25,000,000 shares authorized; 0 shares issued and outstanding	0	0
Common stock, $0.001 par value, 240,000,000 shares authorized; 20,405,093 and 20,160,980 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively	20	20
Additional paid-in capital	279,112	274,643
Retained earnings	142,463	58,783
Total Shareholders' Equity	421,595	333,446
Total Liabilities and Shareholders' Equity	$ 945,711	$ 515,294