CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 23,245	$ 32,726
Accounts receivable, net	32,456	37,974
Assets from derivative contracts	15,103	16,244
Restricted cash	90	90
Prepaids and other	1,028	1,131
Total current assets	71,922	88,165
Oil and natural gas properties (full cost method):
Subject to depletion	723,957	713,585
Unevaluated	62,651	62,621
Gross oil and natural gas properties	786,608	776,206
Less - accumulated depletion	(406,603)	(390,796)
Net oil and natural gas properties	380,005	385,410
Other operating property and equipment:
Other operating property and equipment	4,659	4,434
Less - accumulated depreciation	(1,319)	(1,209)
Net other operating property and equipment	3,340	3,225
Other noncurrent assets:
Assets from derivative contracts	5,434	5,379
Operating lease right of use assets	258	352
Other assets	3,023	2,827
Total assets	463,982	485,358
Current liabilities:
Accounts payable and accrued liabilities	58,643	100,095
Liabilities from derivative contracts	18,008	29,286
Current portion of long-term debt	40,106	35,067
Operating lease liabilities	258	352
Asset retirement obligations	225	225
Total current liabilities	117,240	165,025
Long-term debt, net	174,536	182,676
Other noncurrent liabilities:
Liabilities from derivative contracts	22,838	33,649
Asset retirement obligations	15,441	15,244
Other	3,074	4,136
Commitments and contingencies (Note 9)
Temporary equity:
Series A redeemable convertible preferred stock: 25,000 shares of $.0001 par value authorized, issued and outstanding as of March 31, 2023	25,033
Stockholders' equity:
Common stock: 100,000,000 shares of $0.0001 par value authorized; 16,456,563 and 16,344,815 shares issued and outstanding as of March 31, 2023 and 2022, respectively	2	2
Additional paid-in capital	332,952	334,571
Retained earnings (accumulated deficit)	(227,134)	(249,945)
Total stockholders' equity	105,820	84,628
Total liabilities, temporary equity and stockholders' equity	$ 463,982	$ 485,358