CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 42,590	$ 32,726
Accounts receivable, net	27,177	37,974
Assets from derivative contracts	4,649	16,244
Restricted cash	90	90
Prepaids and other	786	1,131
Total current assets	75,292	88,165
Oil and natural gas properties (full cost method):
Subject to depletion	736,205	713,585
Unevaluated	62,649	62,621
Gross oil and natural gas properties	798,854	776,206
Less - accumulated depletion	(434,034)	(390,796)
Net oil and natural gas properties	364,820	385,410
Other operating property and equipment:
Other operating property and equipment	4,623	4,434
Less - accumulated depreciation	(1,653)	(1,209)
Net other operating property and equipment	2,970	3,225
Other noncurrent assets:
Assets from derivative contracts	2,022	5,379
Operating lease right of use assets	889	352
Other assets	10,768	2,827
Total assets	456,761	485,358
Current liabilities:
Accounts payable and accrued liabilities	59,417	100,095
Liabilities from derivative contracts	36,363	29,286
Current portion of long-term debt	45,106	35,067
Operating lease liabilities	513	352
Asset retirement obligations		225
Total current liabilities	141,399	165,025
Long-term debt, net	153,476	182,676
Other noncurrent liabilities:
Liabilities from derivative contracts	35,089	33,649
Asset retirement obligations	17,202	15,244
Operating lease liabilities	375
Other	1,554	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 June 30, 2023	66,834
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 June 30, 2023 and December 31, 2022, respectively	2	2
Additional paid-in capital	326,511	334,571
Retained earnings (accumulated deficit)	(285,681)	(249,945)
Total stockholders' equity	40,832	84,628
Total liabilities, temporary equity and stockholders' equity	$ 456,761	$ 485,358