v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 7,886 $ 9,374
Accounts receivable, net 58,448 52,391
Derivative fair value 6,221 18,276
Other 17,672 15,293
Total Current Assets 90,227 95,334
Property and Equipment, at cost – successful efforts method:    
Proved properties 2,340,193 2,336,977
Unproved properties 18,998 18,863
Other 89,202 89,065
Total Property and Equipment 2,448,393 2,444,905
Accumulated depreciation, depletion and amortization (1,232,891) (1,204,261)
Net Property and Equipment 1,215,502 1,240,644
Other Assets:    
Note receivable from related party 7,168 7,131
Derivative fair value 1,401 5,576
Other 7,489 6,218
Total Other Assets 16,058 18,925
TOTAL ASSETS 1,321,787 1,354,903
Current Liabilities:    
Accounts payable 38,991 27,979
Deferred payment 70,000 70,000
Accrued liabilities 37,766 45,776
Derivative fair value 56,017 5,057
Asset retirement obligation, current portion 3,500 3,500
Other current liabilities 3,726 1,605
Total Current Liabilities 210,000 153,917
Long-term Debt 277,100 291,100
Other Liabilities:    
Asset retirement obligation 221,476 217,585
Derivative fair value 8,481 35
Other liabilities 262 534
Total Other Liabilities 230,219 218,154
Commitments and Contingencies
Partners’ Capital:    
Partners’ capital 604,468 691,732
TOTAL LIABILITIES AND PARTNERS’ CAPITAL $ 1,321,787 $ 1,354,903