Information On Natural Gas And Oil Producing Activities

12 Months Ended

Dec. 31, 2023

Oil and Gas Exploration and Production Industries Disclosures [Abstract]

Information On Natural Gas And Oil Producing Activities

14. INFORMATION ON NATURAL GAS AND OIL PRODUCING ACTIVITIES

The natural gas and oil producing activities of the Company are conducted within the contiguous United States (principally in Oklahoma, Texas, Louisiana, Arkansas and North Dakota) and represent substantially all of the business activities of the Company.

The following table shows sales to major purchasers, by percentage, through various operators/purchasers during the year ended December 31, 2023, three months ended December 31, 2022, and year ended September 30, 2022.

	Year Ended			Three Months Ended			Year Ended
	December 31, 2023			December 31, 2022			September 30, 2022
Company A		14	%		9	%		9	%
Company B		13	%		4	%		2	%
Company C		3	%		7	%		10	%

The loss of any of these major purchasers of natural gas, oil and NGL production could have a material adverse effect on the ability of the Company to produce and sell its natural gas, oil and NGL production.