v3.26.1
SEGMENT REPORTING - Schedule of Reconciliation of Total Reportable Segments' Measures of Profit/Loss (Details) - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Segment Reporting Information [Line Items]      
Oil, Natural Gas, and Natural Gas Liquids Revenues $ 73,671,664 $ 79,091,207  
Lease operating expenses (18,122,344) (19,677,552)  
Gathering, transportation and processing costs (117,049) (203,612)  
Ad valorem taxes (2,202,537) (1,532,108)  
Oil and natural gas production taxes (3,553,891) (3,584,455)  
Depreciation, depletion and amortization (21,405,948) (22,615,983)  
Ceiling test impairment (162,086,257) 0  
Asset retirement obligation accretion (395,496) (326,549)  
Operating lease expense (175,091) (175,091)  
General and administrative expense (7,438,778) (8,619,976)  
Interest income 70,529 90,058  
Interest (expense) (8,599,609) (9,498,786)  
Gain (loss) on derivative contracts (82,230,925) (928,790)  
Gain (loss) on disposal of assets 0 124,610  
Other income 5,837 8,942  
Income (Loss) Before Benefit from (Provision for) Income Taxes (232,579,895) 12,151,915  
Total assets 1,254,715,354 1,505,610,274 $ 1,411,899,249
Capital expenditures 34,505,509 32,451,531  
Operating Segments | Exploration and Production      
Segment Reporting Information [Line Items]      
Oil, Natural Gas, and Natural Gas Liquids Revenues 73,671,664 79,091,207  
Lease operating expenses (18,122,344) (19,677,552)  
Gathering, transportation and processing costs (117,049) (203,612)  
Ad valorem taxes (2,202,537) (1,532,108)  
Oil and natural gas production taxes (3,553,891) (3,584,455)  
Depreciation, depletion and amortization 0 0  
Ceiling test impairment 0 0  
Asset retirement obligation accretion 0 0  
Operating lease expense 0 0  
General and administrative expense 0 0  
Interest income 0 0  
Interest (expense) 0 0  
Gain (loss) on derivative contracts 0 0  
Gain (loss) on disposal of assets   0  
Other income 0 0  
Income (Loss) Before Benefit from (Provision for) Income Taxes 49,675,843 54,093,480  
Total assets 1,227,888,816 1,482,143,321  
Capital expenditures 34,505,509 32,451,531  
Corporate      
Segment Reporting Information [Line Items]      
Oil, Natural Gas, and Natural Gas Liquids Revenues 0 0  
Lease operating expenses 0 0  
Gathering, transportation and processing costs 0 0  
Ad valorem taxes 0 0  
Oil and natural gas production taxes 0 0  
Depreciation, depletion and amortization (21,405,948) (22,615,983)  
Ceiling test impairment (162,086,257) 0  
Asset retirement obligation accretion (395,496) (326,549)  
Operating lease expense (175,091) (175,091)  
General and administrative expense (7,438,778) (8,619,976)  
Interest income 70,529 90,058  
Interest (expense) (8,599,609) (9,498,786)  
Gain (loss) on derivative contracts (82,230,925) (928,790)  
Gain (loss) on disposal of assets   124,610  
Other income 5,837 8,942  
Income (Loss) Before Benefit from (Provision for) Income Taxes (282,255,738) (41,941,565)  
Total assets 26,826,538 23,466,953  
Capital expenditures $ 0 $ 0