Subsequent Events

6 Months Ended

Jun. 30, 2024

Subsequent Events [Abstract]

Subsequent Events

NOTE 12: Subsequent Events

Subsequent to June 30, 2024, the Company entered into new derivative contracts as summarized in the table below:

	Production volume
Contract period	covered per month	Index	Contract price
Natural gas fixed price swaps
November 2024	25,000 Mmbtu	NYMEX Henry Hub	$2.80
April 2025 - May 2025	25,000 Mmbtu	NYMEX Henry Hub	$3.23
April 2025 - August 2025	125,000 Mmbtu	NYMEX Henry Hub	$3.01
June 2025	10,000 Mmbtu	NYMEX Henry Hub	$3.23
July 2025	45,000 Mmbtu	NYMEX Henry Hub	$3.23
August 2025	40,000 Mmbtu	NYMEX Henry Hub	$3.23
September 2025	50,000 Mmbtu	NYMEX Henry Hub	$3.23
September 2025 - October 2025	100,000 Mmbtu	NYMEX Henry Hub	$3.01
October 2025	100,000 Mmbtu	NYMEX Henry Hub	$3.23
Oil fixed price swaps
July 2025 - August 2025	1,250 Bbls	NYMEX WTI	$70.81