v3.25.2
UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities    
Net income $ 662 $ 984
Adjustments to reconcile net income to net cash provided by operating activities:    
Depletion and amortization 301 324
Accretion expense 33 16
Changes in assets and liabilities:    
Decrease (increase) in production receivable 25 (28)
Decrease in other current assets 17 12
Decrease in due to operators (5) (31)
(Decrease) increase in accrued expenses (14) 3
Settlement of asset retirement obligation (54) (3)
Net cash provided by operating activities 965 1,277
Cash flows from investing activities    
Advance payments to operators for capital expenditures for oil and gas properties (69)
(Capital expenditures) credits for oil and gas properties (821) 18
Proceeds from insurance recovery 507
Proceeds from salvage fund 54 3
Increase in salvage fund (175) (98)
Net cash used in investing activities (504) (77)
Cash flows from financing activities    
Distributions (583) (709)
Net cash used in financing activities (583) (709)
Net (decrease) increase in cash and cash equivalents (122) 491
Cash and cash equivalents, beginning of period 1,890 1,104
Cash and cash equivalents, end of period 1,768 1,595
Supplemental disclosure of non-cash investing activities    
Advances used for capital expenditures in oil and gas properties reclassified to proved properties 103
Due to operators for accrued capital expenditures for oil and gas properties $ 5