v3.25.4
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2025
Dec. 31, 2024
Revenues        
Total revenues $ 20,679 $ 20,275 $ 41,967 $ 42,171
Operating costs        
Lease operating costs 11,510 12,793 24,597 24,583
Depletion, depreciation, and accretion 5,919 5,433 11,880 11,158
General and administrative expenses 2,592 2,654 4,917 5,181
Total operating costs 20,021 20,880 41,394 40,922
Income (loss) from operations 658 (605) 573 1,249
Other income (expense)        
Net gain (loss) on derivative contracts 2,235 (1,219) 4,416 579
Interest and other income 12 52 22 109
Interest expense (1,003) (764) (1,920) (1,587)
Income (loss) before income taxes 1,902 (2,536) 3,091 350
Income tax (expense) benefit (837) 711 (1,202) (110)
Net income (loss) $ 1,065 $ (1,825) $ 1,889 $ 240
Net income (loss) per common share:        
Basic (in dollars per share) $ 0.03 $ (0.06) $ 0.05  
Diluted (in dollars per share) $ 0.03 $ (0.06) $ 0.05  
Weighted average number of common shares outstanding:        
Basic (in shares) 33,904 32,934 33,815 32,828
Diluted (in shares) 34,025 32,934 34,001 32,994
Crude oil        
Revenues        
Total revenues $ 10,696 $ 11,763 $ 23,568 $ 26,500
Natural gas        
Revenues        
Total revenues 7,441 5,793 13,341 10,078
Natural gas liquids        
Revenues        
Total revenues $ 2,542 $ 2,719 $ 5,058 $ 5,593