Description Of Business And Significant Accounting Policies (Q3) (Tables)

9 Months Ended

12 Months Ended

Sep. 30, 2020

Dec. 31, 2019

Description Of Business And Significant Accounting Policies [Abstract]

Disaggregation Of Revenue

The following table presents the disaggregated revenue by commodity for the three months and nine months ended September 30, 2020 and 2019 (in thousands):

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2020		2019		2020		2019
Crude oil	$	757	$	1,208	$	2,275	$	3,757
Saltwater disposal fees		8		7		17		20
Total	$	765	$	1,215	$	2,292	$	3,777

The following table presents the disaggregated revenue by commodity for the years ended December 31, 2019 and 2018 (in thousands):

	Year ended December 31,
	2019		2018
Crude oil	$	4,884		5,840
Saltwater disposal fees		27		31
Total	$	4,911	$	5,871

Inventory

At September 30, 2020 and December 31, 2019, inventory consisted of the following :

	September 30, 2020		December 31, 2019
Oil – carried at lower of cost or market	$	302	$	415
Total inventory	$	302	$	415

At December 31, 2019 and December 31, 2018, inventory consisted of the following (in thousands):

	December 31,
	2019		2018
Oil – carried at cost	$	415	$	359
Equipment and materials – carried at market		—		105
Total inventory	$	415	$	464

Accounts Receivable

The following table sets forth information concerning the Company’s accounts receivable (in thousands):

	September 30, 2020		December 31, 2019
Revenue	$	259	$	415
Tax		—		65
Joint interest		3		77
Accounts receivable - current	$	262	$	557
Tax - noncurrent	$	—	$	65

At December 31, 2019 and 2018, accounts receivable consisted of the following (in thousands):

	December 31,
	2019		2018
Revenue	$	415	$	396
Tax		65		129
Joint interest		77		8
Accounts receivable - current	$	557	$	533
Tax - noncurrent	$	65	$	130