Information On Natural Gas And Oil Producing Activities

12 Months Ended

Dec. 31, 2024

Oil and Gas Disclosure [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 years ended December 31, 2024 and 2023.

	Year Ended December 31,
	2024			2023
Company A		17	%		14	%
Company B		9	%		13	%
Company C		8	%		3	%

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.