Commitments and Contingencies |
6 Months Ended |
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Jun. 30, 2026 | |
| Commitments and Contingencies Disclosure [Abstract] | |
| Commitments and Contingencies | Commitments and Contingencies Drilling Rig Service Commitments. As of June 30, 2026, the Company had a minimum payment of $8.3 million related to our drilling rig services contracts. Firm Transportation Commitment. In February 2026, the Company entered into a firm transportation agreement for an average daily commitment of 300,000 dth/d through January 2030, and thereafter 100,000 dth/d through January 2035. The agreement requires the Company to pay fixed transportation charges regardless of utilization and supports the delivery and marketing of the Company’s natural gas production. Litigation. From time to time, the Company is party to various legal and/or regulatory proceedings arising in the ordinary course of business. While the ultimate outcome and impact to the Company cannot be predicted with certainty, management does not currently believe that the resolution of these matters, individually or in the aggregate, will have a material adverse effect on the Company’s financial position, results of operations or cash flows. When it is determined that a loss is probable of occurring and is reasonably estimable, we accrue an undiscounted liability for such contingencies based on our best estimate using information available at the time. The Company discloses contingencies where an adverse outcome may be material, or in the judgment of management, the matter should otherwise be disclosed.
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