v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Cash flow from operating activities:        
Net loss $ 457,056 $ (2,345,352) $ (924,036) $ (3,435,946)
Adjustments to reconcile net income to cash from operating activities:        
Depreciation, depletion, amortization and accretion 2,697,873 4,350,181 5,425,575 8,126,382
Gain on mark-to-market derivatives, net (485,212)   (485,212) 0
Changes in operating assets and liabilities:        
Accounts receivable and other current assets     (608,953) 1,398,176
Accounts payable and accrued expenses     473,464 (491,049)
Net cash flow provided by operating activities     3,880,838 5,597,563
Cash flow from investing activities:        
Additions to oil and natural gas properties     (3,745,190) (1,161,604)
Net cash flow used in investing activities     (3,745,190) (1,161,604)
Cash flow from financing activities:        
Proceeds from revolving credit facility     0 1,800,000
Payments for state withholding taxes on behalf of limited partners     0 (125,000)
Distributions declared to common units   (3,536,073) 0 (7,072,146)
Net cash flow used in financing activities     0 (5,397,146)
Increase (decrease) in cash and cash equivalents     135,648 (961,187)
Cash and cash equivalents, beginning of period     1,491,584 1,463,582
Cash and cash equivalents, end of period $ 1,627,232 $ 502,395 1,627,232 502,395
Interest paid     215,558 191,400
Supplemental non-cash information:        
Accrued capital expenditures related to additions to oil and natural gas properties     $ 1,508,312 $ 498,703