Properties And Equipment (Tables)

3 Months Ended

Dec. 31, 2022

Property Plant And Equipment [Abstract]

Schedule of Property Acquisitions

The Company made the following property acquisitions during the three-month periods ended December 31, 2022 and 2021.

Quarter Ended (4)	Net royalty acres (1)(2)	Cash	Number of shares (3)	Total Purchase Price (1)	Area of Interest
December 31, 2022
	68	$0.9 million	-	$0.9 million	Haynesville / LA
	187	$2.6 million	-	$2.6 million	Haynesville / LA
	71	$0.9 million	-	$0.9 million	SCOOP / OK
	144	$1.7 million	-	$1.7 million	Haynesville / LA
	18	$0.2 million	-	$0.2 million	Haynesville / LA
	46	$0.5 million	-	$0.5 million	Haynesville / LA
	50	$0.6 million	-	$0.6 million	SCOOP / OK
	98	$1.1 million	-	$1.1 million	SCOOP / OK
	114	$1.2 million	-	$1.2 million	Haynesville / LA
	155	$1.6 million	-	$1.6 million	Haynesville / LA
	11	$0.2 million	-	$0.2 million	Haynesville / TX
	295	$3.1 million	-	$3.1 million	Haynesville / LA
December 31, 2021
	426	$5.8 million	-	$5.8 million	Haynesville / LA
	847	$0.6 million	1,519,481	$4.1 million	Haynesville / LA
	172	$1.4 million	-	$1.4 million	SCOOP / OK
	103	$0.6 million	-	$0.6 million	Haynesville / TX
	116	$1.7 million	-	$1.7 million	Haynesville / LA
	220	$1.2 million	-	$1.2 million	SCOOP / OK

(1) Excludes subsequent closing adjustments and insignificant acquisitions.

(2) An estimated net royalty equivalent was used for the minerals included in the net royalty acres.

(3) The Company’s policy is to classify all costs associated with equity issuances as financial costs in the Statements of Cash Flows.

(4) Presented in chronological order with most recent at top.

Summary of Property Divestitures

The Company made the following property divestitures during the three-month periods ended December 31, 2022 and 2021.

Quarter Ended(3)	Net mineral acres(1)/ Wellbores(2)	Sale Price	Gain/(Loss)	Location
December 31, 2022
	68 acres	$0.3 million	$0.3 million	TX
	4,653 acres	$0.7 million	$0.5 million	OK / TX
December 31, 2021
	98 wellbores	$2.0 million	($3.5) million	OK
	95 wellbores	$0.5 million	$0.2 million	OK / TX
	499 wellbores	$2.1 million	$1.1 million	AR

(1) Number of net mineral acres sold.

(2) Number of wellbores associated with working interests sold.

(3) Excludes immaterial divestitures.