v3.25.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 10,842 $ 7,305
Accounts receivable, net 38,485 39,689
Derivative fair value 18,849 6,412
Other 13,404 11,041
Total Current Assets 81,580 64,447
Property and Equipment, at cost – successful efforts method:    
Proved properties 1,918,025 1,912,624
Unproved properties 18,759 18,706
Other 85,608 85,425
Total Property and Equipment 2,022,392 2,016,755
Accumulated depreciation, depletion and amortization (1,086,727) (1,065,364)
Net Property and Equipment 935,665 951,391
Other Assets:    
Note receivable from related party 7,131 7,131
Derivative fair value 2,289 2,065
Other 6,640 5,807
Total Other Assets 16,060 15,003
TOTAL ASSETS 1,033,305 1,030,841
Current Liabilities:    
Accounts payable 19,782 18,217
Accrued liabilities 31,743 38,927
Derivative fair value 25,632 5,846
Asset retirement obligation, current portion 3,000 2,000
Other current liabilities 1,795 1,347
Total Current Liabilities 81,952 66,337
Long-term Debt 162,100 157,100
Other Liabilities:    
Asset retirement obligation 190,393 188,904
Derivative fair value 8,489 8,022
Other liabilities 1,638 1,062
Total Other Liabilities 200,520 197,988
Commitments and Contingencies
Partners’ Capital:    
Partners’ capital 588,733 609,416
TOTAL LIABILITIES AND PARTNERS’ CAPITAL $ 1,033,305 $ 1,030,841