v3.25.2
Acquisitions and Divestitures - Schedule of Assets Acquired and Liabilities Assumed, Asset Acquisitions (Details) - USD ($)
$ in Thousands
 6 Months Ended 9 Months Ended
Jun. 30, 2025
Apr. 30, 2025
Mar. 25, 2025
Jan. 31, 2025
Dec. 20, 2024
Oct. 01, 2024
Sep. 25, 2024
Aug. 26, 2024
Aug. 09, 2024
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2025
Liabilities assumed:                          
Asset retirement obligations                   $ 81 $ 469    
XTO Acquisition                          
Consideration transferred:                          
Cash consideration   $ 77,893                      
Total acquisition consideration   77,893 $ 60,000                    
Assets acquired:                          
Proved oil and natural gas properties   65,530                      
Accounts receivable – joint interest   2,344                      
Other property and equipment   6,417                      
Other assets   9,576                      
Total assets to be acquired   83,867                      
Liabilities assumed:                          
Revenue suspense   1,354                      
Accrued liabilities   444                      
Asset retirement obligations   4,176                      
Total liabilities assumed   5,974                      
Net assets acquired   $ 77,893                      
Flycatcher Acquisition                          
Consideration transferred:                          
Cash consideration       $ 24,141                  
Capitalized transaction costs       182                  
Less: purchase price adjustment receivable       0                  
Total acquisition consideration       24,323 $ 29,800                
Assets acquired:                          
Proved oil and natural gas properties       26,566                  
Other assets       8                  
Total assets to be acquired       26,574                  
Liabilities assumed:                          
Revenue suspense       2,217                  
Asset retirement obligations       34                  
Total liabilities assumed       2,251                  
Net assets acquired       $ 24,323                  
Ardmore Basin of Oklahoma                          
Consideration transferred:                          
Cash consideration $ 75,351         $ 78,317              
Capitalized transaction costs 1,344         1,295              
Less: purchase price adjustment receivable 0         (2,735)              
Total acquisition consideration 76,695         76,877   $ 98,000          
Assets acquired:                          
Proved oil and natural gas properties 85,394         85,663              
Other assets 13         13              
Total assets to be acquired 85,407         85,676              
Liabilities assumed:                          
Revenue suspense 8,549         8,636              
Asset retirement obligations 163         163              
Total liabilities assumed 8,712         8,799              
Net assets acquired 76,695         $ 76,877              
Adjustments                          
Cash consideration                       $ (2,966)  
Capitalized transaction costs                       49  
Less: purchase price adjustment receivable                       2,735  
Total acquisition consideration                       (182)  
Proved oil and natural gas properties                       (269)  
Other assets                       0  
Total assets to be acquired                       (269)  
Revenue suspense                       (87)  
Asset retirement obligations                       0  
Total liabilities assumed                       (87)  
Net assets acquired                       $ (182)  
Western Kansas Acquisition                          
Consideration transferred:                          
Cash consideration 37,517           $ 36,657            
Capitalized transaction costs 301           0            
Less: purchase price adjustment receivable (549)           0            
Total acquisition consideration 37,269           36,657   $ 38,000        
Assets acquired:                          
Proved oil and natural gas properties 46,280           45,582            
Other property and equipment 400           400            
Other assets 220           123            
Total assets to be acquired 46,900           46,105            
Liabilities assumed:                          
Revenue suspense 407           333            
Asset retirement obligations 9,224           9,115            
Total liabilities assumed 9,631           9,448            
Net assets acquired $ 37,269           $ 36,657            
Adjustments                          
Cash consideration                         $ 860
Capitalized transaction costs                         301
Less: purchase price adjustment receivable                         (549)
Total acquisition consideration                         612
Proved oil and natural gas properties                         698
Other property and equipment                         0
Other assets                         97
Total assets to be acquired                         795
Revenue suspense                         74
Asset retirement obligations                         109
Total liabilities assumed                         183
Net assets acquired                         $ 612