Note 3 - Acquisitions and Divestitures |
6 Months Ended |
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Jun. 30, 2026 | |
| Notes to Financial Statements | |
| Acquisitions [Text Block] |
NOTE 3. Acquisitions and Divestitures
Acquisitions. During the six months ended June 30, 2026 and 2025, the Company incurred a total of $2.6 million and $3.6 million, respectively, in acquisition costs primarily to acquire various undeveloped crude oil and natural gas leases largely contiguous to its Flat Top and Signal Peak operating areas.
Divestitures. During the six months ended June 30, 2025, the Company sold various non-core non-operated working interests in certain producing properties outside of our core areas for total proceeds of $570,000.
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