Note 3 - Acquisitions and Dispositions (Tables)

9 Months Ended

Sep. 30, 2022

Notes Tables

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

	February 25, 2021
	(in thousands)
Purchase Consideration
Cash	$	33,959
Fair value of contingent consideration		4,647
Total purchase consideration	$	38,606

	February 25, 2021
	(in thousands)
Assets acquired:
Wells, platforms and other production facilities	$	37,176
Equipment and other		5,568
Value added tax and other receivables		1,234
Abandonment funding		11,781
Accounts receivable - trade		11,220
Other current assets		3,963
Liabilities assumed:
Asset retirement obligations		(14,564	)
Accrued liabilities and other		(10,121	)
Bargain purchase gain		(7,651	)
Total purchase price	$	38,606

Business Acquisition, Pro Forma Information [Table Text Block]

	Three Months Ended September 30,		Nine Months Ended September 30,
	2021		2021
	(in thousands - unaudited)
Pro forma (unaudited)
Crude oil and natural gas sales	$	55,899	$	160,469
Operating income		20,030		63,929
Net income		31,721		49,341	(a)
Basic net income loss per share:
Income from continuing operations	$	0.53	$	0.85
Net income per share	$	0.53	$	0.85
Basic weighted average shares outstanding		58,586		58,102
Diluted net income per share:
Income from continuing operations	$	0.53	$	0.84
Net income per share	$	0.53	$	0.84
Diluted weighted average shares outstanding		58,916		58,654