v3.26.1
Other Current Liabilities
3 Months Ended
Mar. 31, 2026
Other Current Liabilities [Abstract]  
OTHER CURRENT LIABILITIES

NOTE 6. OTHER CURRENT LIABILITIES

 

As of March 31, 2026 and December 31, 2025, other current liabilities were comprised of the following:

 

    Successor     Predecessor  
(in thousands)   March 31, 2026     December 31, 2025  
Accrued lease operating expenses   $ 8,694     $ 8,017  
Ad Valorem payable     894       4,106  
Accrued interest     4,081       3,750  
Excise tax payable     1,303        
Dividends payable     750        
General and administrative     2,588       7,022  
Other     235       137  
Total other current liabilities   $ 18,545     $ 23,032