Note 14 - Other Current Assets and Accounts Payable and Accrued Liabilities

6 Months Ended

Jun. 30, 2026

14. OTHER CURRENT ASSETS AND ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

Other Current Assets

The following table presents the components of other current assets as of the dates indicated:

	*June 30, 2026*		*December 31, 2025*
	(in thousands)
Prepaid insurance	$	270	$	42
Joint interest billings receivable		-		(31	)
Income tax receivable		28		28
Deferred offering costs		531		776
Other		201		141

Total other current assets	$	1,030	$	956

Accounts Payable and Accrued Liabilities.

The following table presents the components of accounts payable and accrued liabilities as of the dates indicated:

	*June 30, 2026*		*December 31, 2025*
	(in thousands)
Accounts payable	$	808	$	891
Operating expense and oil and natural gas property accruals		429		499
Interest Payable		-		26
Production taxes payable		180		95
Accrued benefits and other		459		81

Total accounts payable and accrued expenses	$	1,876	$	1,592