v3.25.2
Consolidated Balance Sheets - USD ($)
Jun. 30, 2025
Dec. 31, 2024
Assets    
Cash and cash equivalents $ 5,863,210 $ 227,859
Accounts receivable 8,623,961 13,152,609
Other current assets, net 40,257 155,581
Total Current Assets 14,527,428 13,536,049
Oil and natural gas properties, successful efforts method, net of accumulated depreciation, depletion and amortization of $189,485,167 and $175,017,198, respectively 327,786,612 340,222,534
Other assets 0 10,064
Total Assets 342,314,040 353,768,647
Liabilities    
Accounts payable and accrued expenses 7,138,194 7,731,188
Total Current Liabilities 7,138,194 7,731,188
Revolving credit facility 0 5,000,000
Asset retirement obligations 2,174,692 2,195,629
Total Liabilities 9,312,886 14,926,817
Partners’ Equity    
Limited partners’ interest (18,973,474 common units issued and outstanding, respectively) 333,002,881 338,843,557
General partner’s interest (1,727) (1,727)
Class B Units (62,500 units issued and outstanding, respectively) 0 0
Total Partners’ Equity 333,001,154 338,841,830
Total Liabilities and Partners’ Equity $ 342,314,040 $ 353,768,647