The company has not filed an annual or quarterly report since its FY2022 10-K, filed Apr 17, 2023.
10-K for FY2022, filed Apr 17, 2023
The sections below describe the company as of the FY2022 annual report.
Developed and produced oil and gas for purchasers, with assets in the Permian/Delaware Basin.
Earned revenue from oil, gas and natural gas liquids sold at market-linked prices. Oil was delivered at or near the wellhead, and payment was customarily made on the twentieth day of the month after production.
10-K for FY2022, filed Apr 17, 2023
$49.7M
10-K for FY2022, filed Apr 17, 2023
$49.7M ↗
Sold oil and gas to purchasers under short-term arrangements; gas was delivered to midstream processing entities, which remitted proceeds.
10-K for FY2022, filed Apr 17, 2023Substantially all of our oil and gas is sold at current market prices under short-term arrangements, as is customary in the industry.…View ↗
Under the Company’s gas processing contracts, it delivers wet gas to a midstream processing entity at the wellhead or the inlet of the…View ↗
In these scenarios, the Company evaluates whether it is the principal or the agent in the transaction. With respect to the Company’s gas…View ↗
Yes. It kept 75 cents of every revenue dollar as net income in .
10-K for FY2022, filed Apr 17, 2023
Exited Rocky Mountain
Sold its Rocky Mountain assets and described its remaining oil and gas assets in the Permian/Delaware Basin, while the older report covered both regions.
10-K for FY2019, filed Jun 26, 2020Our oil and gas assets are located in two operating regions, the Permian/Delaware Basin, and the Rocky Mountain as of December 31, 2019.…View ↗
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