$REPX
Riley Exploration Permian, Inc.

2020 Q4 Form 10-K Financial Statement

#000114036121010616 Filed on March 30, 2021

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2020 Q2
Revenue $747.0K $765.0K $563.0K
YoY Change -34.19% -37.04% -59.5%
Cost Of Revenue $702.0K $889.0K $685.0K
YoY Change -11.25%
Gross Profit $44.00K -$124.0K -$122.0K
YoY Change -87.17%
Gross Profit Margin 5.89% -16.21% -21.67%
Selling, General & Admin $866.0K $688.0K $276.0K
YoY Change 120.92%
% of Gross Profit 1968.18%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.990M $146.0K $5.028M
YoY Change 6.3% -21.51% 2465.31%
% of Gross Profit 13613.64%
Operating Expenses $1.049M $1.577M $1.116M
YoY Change 93.54% 12.97% -18.95%
Operating Profit $6.688M -$812.0K -$12.16M
YoY Change -46.75% 348.62% -93623.08%
Interest Expense $1.235M $2.000K $1.302M
YoY Change -9.59% 0.0% 43300.0%
% of Operating Profit 18.47%
Other Income/Expense, Net -$15.14M -$1.000K -$15.51M
YoY Change -21.94% 0.0% 387575.0%
Pretax Income -$8.456M -$813.0K -$27.67M
YoY Change 23.61% 346.7% -307488.89%
Income Tax -$515.0K $319.0K
% Of Pretax Income
Net Earnings -$7.941M -$813.0K -$27.98M
YoY Change 4655.09% 346.7% -311033.33%
Net Earnings / Revenue -1063.05% -106.27% -4970.52%
Basic Earnings Per Share -$0.71 -$0.96 -$2.32
Diluted Earnings Per Share -$0.71 -$913.5K -$2.32
COMMON SHARES
Basic Shares Outstanding 12.47M shares 10.68M 12.47M shares
Diluted Shares Outstanding 12.47M shares 12.47M shares

Balance Sheet

Concept 2020 Q4 2020 Q3 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.561M $2.545M $2.710M
YoY Change -48.9%
Cash & Equivalents $1.561M $1.660M $2.710M
Short-Term Investments
Other Short-Term Assets $4.000K $4.000K $177.0K
YoY Change 0.0%
Inventory $361.0K $302.0K $293.0K
Prepaid Expenses $108.0K $156.0K $177.0K
Receivables $294.0K $10.13M $422.0K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.328M $32.41M $3.602M
YoY Change -45.58% 618.71% -19.67%
LONG-TERM ASSETS
Property, Plant & Equipment $102.0K $1.801M $4.244M
YoY Change -31.54%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.034M $2.949M $4.000K
YoY Change 73625.0% 0.0%
Total Long-Term Assets $317.9M $318.6M $4.251M
YoY Change 6745.63% -12.42%
TOTAL ASSETS
Total Short-Term Assets $2.328M $32.41M $3.602M
Total Long-Term Assets $317.9M $318.6M $4.251M
Total Assets $5.371M $351.0M $7.853M
YoY Change -39.8% -15.9%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $218.0K $4.739M $113.0K
YoY Change -18.96% 3631.5% -13.08%
Accrued Expenses $202.0K $8.688M $127.0K
YoY Change 23.17% 3661.04% -37.13%
Deferred Revenue $4.527M $4.432M
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $61.00K $101.0K $64.00K
YoY Change 0.0%
Total Short-Term Liabilities $601.0K $18.56M $500.0K
YoY Change -1.48% 3238.67% -7.24%
LONG-TERM LIABILITIES
Long-Term Debt $16.00K $65.00K $102.0K
YoY Change -60.98%
Other Long-Term Liabilities $160.0K $418.0K $1.947M
YoY Change -91.68%
Total Long-Term Liabilities $104.5M $105.5M $102.0K
YoY Change 5220.67%
TOTAL LIABILITIES
Total Short-Term Liabilities $601.0K $18.56M $500.0K
Total Long-Term Liabilities $104.5M $105.5M $102.0K
Total Liabilities $2.656M $124.1M $2.579M
YoY Change 3.19% 4547.3% -2.61%
SHAREHOLDERS EQUITY
Retained Earnings -$55.60M $0.00 -$53.04M
YoY Change 7.02% -100.0% 2.77%
Common Stock $1.000K $0.00 $11.00K
YoY Change 0.0% -100.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $0.00 $0.00 $5.274M
YoY Change
Total Liabilities & Shareholders Equity $5.371M $351.0M $7.853M
YoY Change -39.8% 3722.61% -15.9%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2020 Q2
OPERATING ACTIVITIES
Net Income -$7.941M -$813.0K -$27.98M
YoY Change 4655.09% 346.7% -311033.33%
Depreciation, Depletion And Amortization $5.990M $146.0K $5.028M
YoY Change 6.3% -21.51% 2465.31%
Cash From Operating Activities $17.19M -$151.0K -$588.0K
YoY Change -23.07%
INVESTING ACTIVITIES
Capital Expenditures $4.000K -$6.000K -$6.000K
YoY Change -100.91%
Acquisitions
YoY Change
Other Investing Activities $2.000K $3.000K $13.00K
YoY Change -99.03%
Cash From Investing Activities -$9.707M -$3.000K $7.000K
YoY Change -23.97%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$7.269M -11.00K 151.0K
YoY Change -6.75%
NET CHANGE
Cash From Operating Activities $17.19M -151.0K -588.0K
Cash From Investing Activities -$9.707M -3.000K 7.000K
Cash From Financing Activities -$7.269M -11.00K 151.0K
Net Change In Cash $217.0K -165.0K -430.0K
YoY Change -87.86%
FREE CASH FLOW
Cash From Operating Activities $17.19M -$151.0K -$588.0K
Capital Expenditures $4.000K -$6.000K -$6.000K
Free Cash Flow $17.19M -$145.0K -$582.0K
YoY Change -24.57%

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CY2020 srt Proved Developed And Undeveloped Reserves Revisions Of Previous Estimates Increase Decrease
ProvedDevelopedAndUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecrease
-200
CY2019 srt Proved Developed And Undeveloped Reserves Sales Of Minerals In Place
ProvedDevelopedAndUndevelopedReservesSalesOfMineralsInPlace
2
CY2020 srt Proved Developed And Undeveloped Reserves Sales Of Minerals In Place
ProvedDevelopedAndUndevelopedReservesSalesOfMineralsInPlace
CY2018 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
2180000
CY2019 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
-3058000
CY2020 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
-2353000
CY2018 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
2611000
CY2019 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
1646000
CY2020 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
210000
CY2018 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
708000
CY2019 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
1211000
CY2020 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
691000
CY2017Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
8170000
CY2018Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
13976000
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
240000
CY2019Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
58303000
CY2020Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
58318000
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
0
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
0
CY2019Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
8365000
CY2020Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
2897000
CY2019Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
269000
CY2020Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
218000
CY2019Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
557000
CY2020Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
294000
CY2019Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
557000
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
294000
CY2019Q4 us-gaap Accounts Receivable Net Noncurrent
AccountsReceivableNetNoncurrent
65000
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
164000
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
202000
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
229000
CY2019 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
5000
CY2020 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2000
CY2020 us-gaap Asset Impairment Charges
AssetImpairmentCharges
920000
CY2018Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
2179000
CY2019Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
1998000
CY2020Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
2117000
CY2019 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
132000
CY2020 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
125000
CY2019Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
75000
CY2020Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
78000
CY2019 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
12000
CY2020 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
CY2019 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
-187000
CY2020 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
69000
CY2019Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
1923000
CY2020Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
2039000
CY2019Q4 us-gaap Assets
Assets
8922000
CY2020Q4 us-gaap Assets
Assets
5371000
CY2019Q4 us-gaap Assets Current
AssetsCurrent
4278000
CY2020Q4 us-gaap Assets Current
AssetsCurrent
2328000
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
88000
CY2019Q4 us-gaap Capitalized Costs Accumulated Depreciation Depletion Amortization And Valuation Allowance For Relating To Oil And Gas Producing Activities
CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities
2366000
CY2020Q4 us-gaap Capitalized Costs Accumulated Depreciation Depletion Amortization And Valuation Allowance For Relating To Oil And Gas Producing Activities
CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities
2935000
CY2019Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Net
CapitalizedCostsOilAndGasProducingActivitiesNet
4385000
CY2020Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Net
CapitalizedCostsOilAndGasProducingActivitiesNet
2897000
CY2019Q4 us-gaap Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
6751000
CY2020Q4 us-gaap Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
6752000
CY2019Q4 us-gaap Capitalized Costs Unproved Properties
CapitalizedCostsUnprovedProperties
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1561000
CY2020Q4 us-gaap Capitalized Costs Unproved Properties
CapitalizedCostsUnprovedProperties
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3055000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3115000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3055000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1561000
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-60000
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-1494000
CY2019Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2020Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2017Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2019Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2019Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2019Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
888231
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
890420
CY2019Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
888231
CY2020Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
890420
CY2019Q4 us-gaap Common Stock Value
CommonStockValue
1000
CY2020Q4 us-gaap Common Stock Value
CommonStockValue
1000
CY2020 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div> <div style="margin-left:0pt;margin-right:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-weight:bold;">Concentration of Credit Risk</font> </p> <p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">&#xFEFF;</font> </p> <p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">Financial instruments which potentially subject the Company to concentrations of credit risk consist principally of cash and accounts receivable.&nbsp; Cash and cash equivalents are maintained at financial institutions and, at times, balances may exceed federally insured limits. The Company has never experienced any losses related to these balances.</font> </p> <p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">&#xFEFF;</font> </p> <p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">The Company&#x2019;s primary business activities include oil sales to a limited number of customers in the state of Kansas.&nbsp; The related trade receivables subject the Company to a concentration of credit risk.&nbsp;&nbsp;The Company sells a majority of its crude oil primarily to </font><font style="display: inline;">two</font><font style="display: inline;"> customers in Kansas.&nbsp; Although management believes that customers could be replaced in the ordinary course of business, if the present customers were to discontinue business with the Company, it may have a significant adverse effect on the Company&#x2019;s results of operations.</font> </p> <p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;">&#xFEFF;</font> </p> <p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;">Revenue from the top two purchasers accounted for </font><font style="display: inline;color:#000000;">84.7%</font><font style="display: inline;color:#000000;"> and </font><font style="display: inline;color:#000000;">11.1%</font><font style="display: inline;color:#000000;"> of total revenues for year ended December 31, 20</font><font style="display: inline;color:#000000;">20</font><font style="display: inline;color:#000000;">.&nbsp; Revenue from the top two purchasers accounted for </font><font style="display: inline;color:#000000;">87.7%</font><font style="display: inline;color:#000000;"> and </font><font style="display: inline;color:#000000;">11.8%</font><font style="display: inline;color:#000000;"> of total revenues for year ended December 31, 2019.&nbsp; As of December 31, 2020 and 2019, two of the Company&#x2019;s oil purchasers accounted for </font><font style="display: inline;color:#000000;">96.8%</font><font style="display: inline;color:#000000;"> and </font><font style="display: inline;color:#000000;">86.0%</font><font style="display: inline;color:#000000;">, respectively of accounts receivable, of which one oil purchaser accounted for </font><font style="display: inline;color:#000000;">83.9%</font><font style="display: inline;color:#000000;"> and </font><font style="display: inline;color:#000000;">76.9%</font><font style="display: inline;color:#000000;">, respectively.</font> </p> <p><font size="1"> </font></p> </div> </div>
CY2019 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
512000
CY2020 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
21000
CY2019 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves
CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves
CY2020 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves
CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves
CY2019 us-gaap Costs Incurred Acquisition Of Unproved Oil And Gas Properties
CostsIncurredAcquisitionOfUnprovedOilAndGasProperties
14000
CY2020 us-gaap Costs Incurred Acquisition Of Unproved Oil And Gas Properties
CostsIncurredAcquisitionOfUnprovedOilAndGasProperties
6000
CY2019 us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
7000
CY2020 us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
14000
CY2019 us-gaap Costs Incurred Exploration Costs
CostsIncurredExplorationCosts
491000
CY2020 us-gaap Costs Incurred Exploration Costs
CostsIncurredExplorationCosts
1000
CY2019Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
4000
CY2020Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
2000
CY2020Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
9596000
CY2020Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
29000
CY2020Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
1000
CY2020Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Asset Retirement Obligations
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAssetRetirementObligations
542000
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
11090000
CY2019 us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
637000
CY2020 us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
569000
CY2019 us-gaap Depreciation
Depreciation
79000
CY2020 us-gaap Depreciation
Depreciation
75000
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
716000
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
644000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-3648000
CY2020 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
5000
CY2019 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
5000
CY2020 us-gaap Derivatives Reporting Of Derivative Activity
DerivativesReportingOfDerivativeActivity
<div> <div style="margin-left:0pt;margin-right:0pt;"> <p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-weight:bold;">Derivative Financial Instruments</font> </p> <p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">&#xFEFF;</font> </p> <p style="margin:0pt;color:#000000;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">The Company uses derivative instruments to manage our exposure to commodity price risk on sales of oil production.&nbsp; The Company does not enter into derivative instruments for speculative trading purposes.&nbsp; The Company presents the fair value of derivative contracts on a net basis where the right to offset is provided for in our counterparty agreements.&nbsp; As of December 31, 2020 and 2019, the Company did </font><font style="display: inline;">not</font><font style="display: inline;"> have any open derivatives</font> </p> <p><font size="1"> </font></p> </div> </div>
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.12
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.49
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.01
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.24
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.12
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.60
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-4.10
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.60
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.96
CY2020Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.92
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.49
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-4.10
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2019 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
5000
CY2019 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0
CY2020 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
920000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-464000
CY2020 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
75000
CY2020Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0530
CY2020Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P8M12D
CY2019 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
45000
CY2020 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
11000
CY2019 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
45000
CY2020 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
11000
CY2019 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1302000
CY2020 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2187000
CY2020 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
5000
CY2019Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
102000
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
77000
CY2019Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
61000
CY2020Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
61000
CY2019Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
41000
CY2020Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
16000
CY2020Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
78000
CY2020Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
62000
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
16000
CY2020Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
1000
CY2019 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
53000
CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
41000
CY2019 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
79000
CY2019 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-0.49
CY2020 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-4.10
CY2020Q4 us-gaap Income Taxes Receivable Noncurrent
IncomeTaxesReceivableNoncurrent
130000
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-28000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
CY2020Q3 us-gaap Income Tax Receivable
IncomeTaxReceivable
130000
CY2019 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-771000
CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
386000
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-99000
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-764000
CY2019 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-40000
CY2020 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
1000
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
321000
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-148000
CY2019 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
63000
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
32000
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-41000
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-328000
CY2019 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-123000
CY2020Q4 us-gaap Inventory Crude Oil Products And Merchandise
InventoryCrudeOilProductsAndMerchandise
361000
CY2019Q4 us-gaap Inventory Net
InventoryNet
415000
CY2020Q4 us-gaap Inventory Net
InventoryNet
361000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
-436000
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
9000
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-182000
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
-167000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-527000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-3648000
CY2020 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
43000
CY2019 us-gaap Increase Decrease In Asset Retirement Obligations
IncreaseDecreaseInAssetRetirementObligations
-76000
CY2020 us-gaap Increase Decrease In Asset Retirement Obligations
IncreaseDecreaseInAssetRetirementObligations
-25000
CY2019 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
68000
CY2020 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-193000
CY2019 us-gaap Interest Expense
InterestExpense
10000
CY2020 us-gaap Interest Expense
InterestExpense
8000
CY2019 us-gaap Interest Paid Net
InterestPaidNet
5000
CY2020 us-gaap Interest Paid Net
InterestPaidNet
6000
CY2019Q4 us-gaap Inventory Crude Oil Products And Merchandise
InventoryCrudeOilProductsAndMerchandise
415000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
43000
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
43000
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1000
CY2019Q4 us-gaap Liabilities
Liabilities
2574000
CY2020Q4 us-gaap Liabilities
Liabilities
2656000
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
8922000
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
5371000
CY2019Q4 us-gaap Liabilities Current
LiabilitiesCurrent
610000
CY2020Q4 us-gaap Liabilities Current
LiabilitiesCurrent
601000
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-53000
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
126000
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-233000
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-71000
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
226000
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1549000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-96000
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-554000
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-813000
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
-1754000
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
26.16
CY2019 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
41000
CY2020 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
169000
CY2019Q4 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
4385000
CY2020Q4 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
2897000
CY2019 us-gaap Operating Expenses
OperatingExpenses
5416000
CY2020 us-gaap Operating Expenses
OperatingExpenses
6855000
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
-505000
CY2020 us-gaap Operating Income Loss
OperatingIncomeLoss
-3817000
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
62000
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
63000
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
41000
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
42000
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
41000
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
42000
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
62000
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
63000
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
41000
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
42000
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0375
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8M12D
CY2020Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
35400000
CY2019Q4 us-gaap Other Assets Current
OtherAssetsCurrent
4000
CY2020Q4 us-gaap Other Assets Current
OtherAssetsCurrent
4000
CY2019 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
6000
CY2020 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
166000
CY2019 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
2000
CY2020 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
6000
CY2019 us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
437000
CY2020 us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
103000
CY2019Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000
CY2020Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000
CY2019Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2020Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2019Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
247000
CY2020Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
108000
CY2019Q4 us-gaap Price Risk Derivatives At Fair Value Net
PriceRiskDerivativesAtFairValueNet
0
CY2020Q4 us-gaap Price Risk Derivatives At Fair Value Net
PriceRiskDerivativesAtFairValueNet
0
CY2020 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
166000
CY2019 us-gaap Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
56000
CY2020 us-gaap Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
38000
CY2019 us-gaap Proceeds From Sale Of Other Property Plant And Equipment
ProceedsFromSaleOfOtherPropertyPlantAndEquipment
150000
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
378000
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
342000
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
149000
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
102000
CY2019Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
149000
CY2020Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
102000
CY2020 us-gaap Reclassifications
Reclassifications
<div> <div style="margin-left:0pt;margin-right:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">.</font> </p> <p><font size="1"> </font></p> </div> </div>
CY2019 us-gaap Repayments Of Debt
RepaymentsOfDebt
53000
CY2020 us-gaap Repayments Of Debt
RepaymentsOfDebt
41000
CY2020 us-gaap Results Of Operations Depreciation Depletion Amortization And Accretion
ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion
0
CY2019 us-gaap Results Of Operations Depreciation Depletion And Amortization And Valuation Provisions
ResultsOfOperationsDepreciationDepletionAndAmortizationAndValuationProvisions
637000
CY2020 us-gaap Results Of Operations Depreciation Depletion And Amortization And Valuation Provisions
ResultsOfOperationsDepreciationDepletionAndAmortizationAndValuationProvisions
569000
CY2019 us-gaap Results Of Operations Expense Other
ResultsOfOperationsExpenseOther
3398000
CY2020 us-gaap Results Of Operations Expense Other
ResultsOfOperationsExpenseOther
3104000
CY2019 us-gaap Results Of Operations Oil And Gas Producing Activities Net Income Excluding Corporate Overhead And Interest Costs
ResultsOfOperationsOilAndGasProducingActivitiesNetIncomeExcludingCorporateOverheadAndInterestCosts
876000
CY2020 us-gaap Results Of Operations Oil And Gas Producing Activities Net Income Excluding Corporate Overhead And Interest Costs
ResultsOfOperationsOilAndGasProducingActivitiesNetIncomeExcludingCorporateOverheadAndInterestCosts
-635000
CY2019 us-gaap Results Of Operations Revenue From Oil And Gas Producing Activities
ResultsOfOperationsRevenueFromOilAndGasProducingActivities
4911000
CY2020 us-gaap Results Of Operations Revenue From Oil And Gas Producing Activities
ResultsOfOperationsRevenueFromOilAndGasProducingActivities
3038000
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-51956000
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-55604000
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4911000
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3038000
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
14.40
CY2019Q1 us-gaap Revenues
Revenues
1171000
CY2019 us-gaap Revenues
Revenues
4911000
CY2019Q2 us-gaap Revenues
Revenues
1390000
CY2008Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
3500000
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
7000000
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
781
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
104
CY2019 us-gaap Settlement Of Asset Retirement Obligations Through Noncash Payments Amount
SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount
12000
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
17000
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
14000
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
625
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
625
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
53.16
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
29.16
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1406
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
781
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
104
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
38.16
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
26.16
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
14.40
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
104
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
14.40
CY2020Q4 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
14.88
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
6767000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
6348000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
2715000
CY2016Q1 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
0.1
CY2020 us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
8000
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
52
CY2020 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1000
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<div> <div style="margin-left:0pt;margin-right:0pt;"> <p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-weight:bold;">Use of Estimates</font> </p> <p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">&#xFEFF;</font> </p> <p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">The accompanying consolidated financial statements are prepared in conformity with U.S. GAAP which require management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the dates of the financial statements and the reported amounts of revenues and expenses during the reporting periods.&nbsp; Significant estimates include reserve quantities and estimated future cash flows associated with proved reserves, which significantly impact depletion expense and potential impairments of oil and natural gas properties, income taxes and the valuation of deferred tax assets, stock-based compensation and commitments and contingencies.&nbsp; We analyze our estimates based on historical experience and various other assumptions that we believe to be reasonable. While we believe that our estimates and assumptions used in preparation of the consolidated financial statements are appropriate, actual results could differ from those estimates.</font> </p> <p><font size="1"> </font></p> </div> </div>
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
887612
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
889670
CY2019 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
887612
CY2020 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
889670
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
887612
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
889670
CY2019Q3 us-gaap Revenues
Revenues
1215000
CY2019Q4 us-gaap Revenues
Revenues
1135000
CY2020Q1 us-gaap Revenues
Revenues
963000
CY2020 us-gaap Revenues
Revenues
3038000
CY2020Q2 us-gaap Revenues
Revenues
563000
CY2020Q3 us-gaap Revenues
Revenues
765000
CY2020Q4 us-gaap Revenues
Revenues
747000
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
98000
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
63000

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