Commitments & Contingencies |
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Jun. 30, 2026 | |||||||||||||||||||||||||
| Commitments and Contingencies Disclosure [Abstract] | |||||||||||||||||||||||||
| Commitments & Contingencies | Note 12 - Commitments & Contingencies Delivery Commitments We have contractually agreed to deliver firm quantities of natural gas to various customers, which we expect to fulfill with production from existing reserves. To ensure we meet these commitments, we regularly monitor our proved developed reserves. The following table summarizes our total undiscounted commitments, compiled using best estimates based on our sales strategy, as of June 30, 2026.
Litigation and Regulatory Proceedings The Company is involved in various pending legal issues that have arisen in the ordinary course of business. The Company accrues for litigation, claims, and proceedings when a liability is both probable and the amount can be reasonably estimated. As of June 30, 2026, the Company did not have any material amounts accrued related to litigation or regulatory matters. For any matters not accrued for, it is not possible to estimate the amount of any additional loss or range of loss that is reasonably possible. However, based on the nature of the claims, management believes that current litigation, claims, and proceedings are not, individually or in aggregate, after considering insurance coverage and indemnification, likely to have a material adverse impact on the Company’s financial position, results of operations, or cash flows. The Company has no other contingent liabilities that would have a material impact on the Company’s financial position, results of operations, or cash flows. Environmental Matters The Company’s operations are subject to environmental laws and regulations in all the jurisdictions where it operates, and the Company was in material compliance as of June 30, 2026. However, the Company is unable to predict the impact of additional environmental laws and regulations that may be adopted in the future, including whether they would adversely affect its operations. The Company can offer no assurance regarding the significance or cost of compliance associated with any new environmental legislation or regulation once implemented.
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