| Schedule of Consolidation of Subsidiary Borrowers [Table Text Block] |
The following table presents the amounts recorded by the Company on the Condensed Consolidated Balance Sheets related to the consolidation of the Subsidiary Borrowers and the Subsidiary Parent (in thousands):
|
|
|
|
|
|
|
|
|
September 30, |
|
December 31, |
|
|
2023 |
|
2022 |
Assets: |
|
|
|
|
|
|
Cash and cash equivalents |
|
$ |
1,408 |
|
$ |
21,764 |
Receivables: |
|
|
|
|
|
|
Oil and natural gas sales |
|
|
22,988 |
|
|
37,344 |
Joint interest, net |
|
|
(25,446) |
|
|
(5,760) |
Prepaid expenses and other assets |
|
|
(55) |
|
|
417 |
Oil and natural gas properties and other, net |
|
|
290,686 |
|
|
280,649 |
Other assets |
|
|
9,328 |
|
|
8,473 |
Liabilities: |
|
|
|
|
|
|
Accounts payable |
|
|
10,432 |
|
|
27,387 |
Undistributed oil and natural gas proceeds |
|
|
4,480 |
|
|
7,930 |
Accrued liabilities |
|
|
17,982 |
|
|
45,102 |
Current portion of long-term debt, net |
|
|
29,451 |
|
|
32,119 |
Long-term debt, net |
|
|
88,783 |
|
|
111,188 |
Asset retirement obligations |
|
|
67,402 |
|
|
61,138 |
Other liabilities |
|
|
16,531 |
|
|
47,398 |
|
| Schedule of Subsidiary Borrowers and the subsidiary that owns the equity [Table Text Block] |
The following table presents the amounts recorded by the Company in the Condensed Consolidated Statement of Operations related to the consolidation of the operations of the Subsidiary Borrowers and the Subsidiary Parent (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended September 30, |
|
Nine Months Ended September 30, |
|
|
2023 |
|
2022 |
|
2023 |
|
2022 |
Total revenues |
|
$ |
28,865 |
|
$ |
94,264 |
|
$ |
75,425 |
|
$ |
218,625 |
Total operating expenses |
|
|
18,807 |
|
|
19,776 |
|
|
69,297 |
|
|
52,961 |
Interest expense, net |
|
|
2,536 |
|
|
3,405 |
|
|
7,947 |
|
|
11,841 |
Derivative (gain) loss |
|
|
(2,652) |
|
|
55,850 |
|
|
(55,041) |
|
|
187,896 |
|