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Note 4 - Acquisitions and Dispositions (Tables)
12 Months Ended
Dec. 31, 2023
Notes Tables  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
  

October 13, 2022

  

Measurement Period Adjustment

  

October 13, 2022
(As Adjusted)

 
  

(in thousands)

 

Purchase Consideration

            

Common stock issued to TransGlobe shareholders

 $274,145  $  $274,145 
  

October 13, 2022

  

Measurement Period Adjustment

  

October 13, 2022

 
  

(in thousands)

 

Assets acquired:

            

Cash

 $36,686  $  $36,686 

Wells, platforms and other production facilities

  243,669      243,669 

Equipment and other

  2,099      2,099 

Undeveloped acreage

  30,216      30,216 

Accounts receivable - trade

  48,068      48,068 

Accounts receivable - other

  50,275      50,275 

Accounts with joint venture owners

  68      68 

Right of use operating leases

  1,609      1,609 

Right of use financing leases

  204      204 

Prepayment and other

  7,627      7,627 

Liabilities assumed:

          - 

Asset retirement obligations

  (6,134)     (6,134)

Accounts payable

  (10,223)     (10,223)

Accrued liabilities and other

  (50,128)     (50,128)

Operating lease liabilities - current portion

  (961)     (961)

Financing lease liabilities - current portion

  (125)     (125)

Operating lease liabilities - net of current portion

  (688)     (688)

Financing lease liabilities - net of current portion

  (21)     (21)

Deferred tax liabilities

  (40,964)  (1,412)  (42,376)

Other long-term liabilities

  (26,313)     (26,313)

Bargain purchase gain

  (10,819)  1,412   (9,407)

Total purchase price

 $274,145  $  $274,145 
Business Acquisition, Pro Forma Information [Table Text Block]
                         
                         
 

Year Ended December 31, 2022

  

Measurement Period Adjustment

  

Year Ended December 31, 2022 (As Adjusted)

  

Year Ended December 31, 2021

  

Measurement Period Adjustment

   

Year Ended December 31, 2021 (As Adjusted)

 
    (in thousands)        (in thousands)     

Pro forma (unaudited):

                        

Crude oil, natural gas and natural gas liquids sales

$547,670

(a)

 $  $547,670

(a)

 $367,210

(a)

 $   $367,210

(a)

Operating income

$267,582

(b)

 $  $267,582

(c)

 $104,924

(c)

 $   $104,924

(c)

Net income

$130,425

(d)

 $1,412

(g)

 $131,837

(d)

 $54,534

(e,f)

 $(1,412)

(g)

 $53,122

(e,f)

                         
                         

Basic net income per share:

$1.21  $0.01

(g)

 $1.22  $0.51  $(0.02)

(g)

 $0.49 

Basic weighted average shares outstanding

 108,206   108,206   108,206   107,537   107,537    107,537 
                         

Diluted net income per share:

$1.20  $0.01

(g)

 $1.21  $0.50  $(0.01)

(g)

 $0.49 

Diluted weighted average shares outstanding

 108,642   108,642   108,642   108,062   108,062    108,062