Note 14 - Other Current Assets and Accounts Payable and Accrued Liabilities

6 Months Ended

Jun. 30, 2025

14. OTHER CURRENT ASSETS AND ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

Other Current Assets

The following table presents the components of other current assets as of the dates indicated:

	*June 30, 2025*		*December 31, 2024*
	(in thousands)
Prepaid expenses	$	489	$	119
Joint interest billings receivable		153		378
Income tax receivable		27		28
Other		41		47

Total other current assets	$	710	$	572

Accounts Payable and Accrued Liabilities.

The following table presents the components of accounts payable and accrued liabilities as of the dates indicated:

	*June 30, 2025*		*December 31, 2024*
	(in thousands)
Accounts payable	$	3,842	$	2,197
Operating expense and oil and natural gas property accruals		732		2,417
Interest Payable		-		172
Production taxes payable		545		653
Other		67		27

Total accounts payable and accrued expenses	$	5,186	$	5,466