2021 Q3 Form 10-K Financial Statement

#000162828021025024 Filed on December 14, 2021

View on sec.gov

Income Statement

Concept 2021 Q3 2021 Q2 2021 Q1
Revenue $48.61M $42.15M $37.26M
YoY Change 6254.77% 7386.5% 3769.06%
Cost Of Revenue $8.261M $7.783M $14.57M
YoY Change 829.25% 1036.2% 1415.82%
Gross Profit $40.35M $34.37M $45.71M
YoY Change -32642.74% -28268.85% 2285200.0%
Gross Profit Margin 83.01% 81.53% 122.67%
Selling, General & Admin $5.541M $4.809M $10.41M
YoY Change 705.38% 1642.39% 2720.87%
% of Gross Profit 13.73% 13.99% 22.77%
Research & Development $884.0K $2.785M $5.897M
YoY Change
% of Gross Profit 2.19% 8.1% 12.9%
Depreciation & Amortization $6.692M $7.082M $6.251M
YoY Change 4483.56% 40.85% 16.69%
% of Gross Profit 16.58% 20.61% 13.68%
Operating Expenses $13.26M $14.77M $28.79M
YoY Change 741.09% 1223.21% 1831.95%
Operating Profit $27.09M $19.28M $7.027M
YoY Change -3436.08% -258.56% -2.83%
Interest Expense -$15.95M $1.171M $1.165M
YoY Change -797600.0% -10.06% -17.84%
% of Operating Profit -58.88% 6.07% 16.58%
Other Income/Expense, Net -$15.95M -$36.57M -$26.07M
YoY Change 1594900.0% 135.81% -138.44%
Pretax Income $10.94M -$17.29M -$19.04M
YoY Change -1445.76% -37.51% -125.37%
Income Tax -$3.937M $3.245M $14.23M
% Of Pretax Income -35.98%
Net Earnings $15.65M -$21.50M -$32.76M
YoY Change -2025.46% -23.17% -143.65%
Net Earnings / Revenue 32.2% -51.01% -87.93%
Basic Earnings Per Share $0.81 -$1.20 -$3.61
Diluted Earnings Per Share $804.1K -$1.20 -$3.61
COMMON SHARES
Basic Shares Outstanding 19.45M shares 17.79M shares 14.54M shares
Diluted Shares Outstanding 19.54M shares 17.79M shares 14.54M shares

Balance Sheet

Concept 2021 Q3 2021 Q2 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $17.07M $6.894M $10.06M
YoY Change 570.61% 154.39% 220.45%
Cash & Equivalents $17.07M $6.894M $10.06M
Short-Term Investments
Other Short-Term Assets $1.730M $2.686M $3.374M
YoY Change 43150.0% 1417.51% 84250.0%
Inventory
Prepaid Expenses
Receivables $17.47M $15.67M $13.61M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $36.73M $27.25M $27.22M
YoY Change 13.3% 656.47% 582.84%
LONG-TERM ASSETS
Property, Plant & Equipment $3.183M $2.761M $2.080M
YoY Change 76.74% -34.94% -52.06%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.419M $3.828M $2.442M
YoY Change -17.97% 95600.0%
Total Long-Term Assets $351.5M $335.6M $330.0M
YoY Change 10.34% 7794.1% 7497.7%
TOTAL ASSETS
Total Short-Term Assets $36.73M $27.25M $27.22M
Total Long-Term Assets $351.5M $335.6M $330.0M
Total Assets $388.2M $362.8M $357.2M
YoY Change 10.61% 4520.22% 4188.46%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.23M $8.735M $6.335M
YoY Change 158.16% 7630.09% 4699.24%
Accrued Expenses $18.56M $17.15M $26.50M
YoY Change 113.57% 13402.36% 9296.81%
Deferred Revenue $9.008M $7.438M $7.685M
YoY Change 103.25%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $83.62M $70.52M $56.80M
YoY Change 350.44% 14004.4% 9846.76%
LONG-TERM LIABILITIES
Long-Term Debt $60.00M $97.50M $97.50M
YoY Change 92207.69% 95488.24% 374900.0%
Other Long-Term Liabilities $60.00K $33.00K $108.0K
YoY Change -85.65% -98.31% -94.34%
Total Long-Term Liabilities $60.00K $33.00K $119.2M
YoY Change -99.94% -67.65% 6063.99%
TOTAL LIABILITIES
Total Short-Term Liabilities $83.62M $70.52M $56.80M
Total Long-Term Liabilities $60.00K $33.00K $119.2M
Total Liabilities $166.5M $198.2M $175.9M
YoY Change 34.22% 7585.07% 6926.6%
SHAREHOLDERS EQUITY
Retained Earnings -$49.17M -$59.31M -$37.75M
YoY Change 11.82% -28.07%
Common Stock $20.00K $18.00K $18.00K
YoY Change 63.64% 63.64%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $221.7M $164.6M $181.2M
YoY Change
Total Liabilities & Shareholders Equity $388.2M $362.8M $357.2M
YoY Change 10.61% 4520.22% 4188.46%

Cashflow Statement

Concept 2021 Q3 2021 Q2 2021 Q1
OPERATING ACTIVITIES
Net Income $15.65M -$21.50M -$32.76M
YoY Change -2025.46% -23.17% -143.65%
Depreciation, Depletion And Amortization $6.692M $7.082M $6.251M
YoY Change 4483.56% 40.85% 16.69%
Cash From Operating Activities $27.22M $20.48M $38.38M
YoY Change -18127.15% -3582.14% 21959.77%
INVESTING ACTIVITIES
Capital Expenditures -$20.26M -$22.54M -$17.68M
YoY Change 337616.67% 375583.33% 17408.91%
Acquisitions
YoY Change
Other Investing Activities $3.893M $0.00 $859.0K
YoY Change 129666.67% -100.0% 4195.0%
Cash From Investing Activities -$16.37M -$22.54M -$16.83M
YoY Change 545566.67% -322114.29% 20671.6%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $46.70M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -678.0K -1.102M -13.16M
YoY Change 6063.64% -829.8% 164362.5%
NET CHANGE
Cash From Operating Activities 27.22M 20.48M 38.38M
Cash From Investing Activities -16.37M -22.54M -16.83M
Cash From Financing Activities -678.0K -1.102M -13.16M
Net Change In Cash 10.17M -3.168M 8.402M
YoY Change -6265.45% 636.74% 9784.71%
FREE CASH FLOW
Cash From Operating Activities $27.22M $20.48M $38.38M
Capital Expenditures -$20.26M -$22.54M -$17.68M
Free Cash Flow $47.48M $43.02M $56.07M
YoY Change -32847.59% -7491.07% 20288.36%

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CY2020 us-gaap Earnings Per Share Basic
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CY2020 us-gaap Earnings Per Share Diluted
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CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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CY2020 us-gaap Repayments Of Lines Of Credit
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CY2021 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
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CY2020 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
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CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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CY2021 rep Payments For Purchase Of Restricted Stock Award
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CY2020 rep Payments For Purchase Of Restricted Stock Award
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CY2021 us-gaap Net Cash Provided By Used In Continuing Operations
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CY2020 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
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CY2021 us-gaap Net Cash Provided By Used In Discontinued Operations
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3899000 USD
CY2020 us-gaap Net Cash Provided By Used In Discontinued Operations
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0 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
15407000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1660000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3726000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
17067000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1660000 USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
3234000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
4206000 USD
CY2021 rep Increase Decrease In Capital Expenditures Incurred But Not Yet Paid
IncreaseDecreaseInCapitalExpendituresIncurredButNotYetPaid
11204000 USD
CY2020 rep Increase Decrease In Capital Expenditures Incurred But Not Yet Paid
IncreaseDecreaseInCapitalExpendituresIncurredButNotYetPaid
-2301000 USD
CY2021Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
302000 USD
CY2020Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
173000 USD
CY2021 us-gaap Increase Decrease In Asset Retirement Obligations
IncreaseDecreaseInAssetRetirementObligations
113000 USD
CY2020 us-gaap Increase Decrease In Asset Retirement Obligations
IncreaseDecreaseInAssetRetirementObligations
1184000 USD
CY2021 rep Dividends Preferred Stock Paid In Kind Non Cash
DividendsPreferredStockPaidInKindNonCash
904000 USD
CY2020 rep Dividends Preferred Stock Paid In Kind Non Cash
DividendsPreferredStockPaidInKindNonCash
3482000 USD
CY2021 us-gaap Dividends Preferred Stock
DividendsPreferredStock
0 USD
CY2020 us-gaap Dividends Preferred Stock
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3535000 USD
CY2021 us-gaap Conversion Of Stock Amount Converted1
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192191000 USD
CY2020 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
0 USD
CY2021 rep Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net Non Cash Investing And Financing Activity Continuing Operations
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNetNonCashInvestingAndFinancingActivityContinuingOperations
3695000 USD
CY2020 rep Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net Non Cash Investing And Financing Activity Continuing Operations
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNetNonCashInvestingAndFinancingActivityContinuingOperations
0 USD
CY2021 us-gaap Stock Issued During Period Value Acquisitions
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26392000 USD
CY2020 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
0 USD
CY2021 rep Conversion Of Preferred Units Amount Converted
ConversionOfPreferredUnitsAmountConverted
61196000 USD
CY2020 rep Conversion Of Preferred Units Amount Converted
ConversionOfPreferredUnitsAmountConverted
0 USD
CY2021 rep Goodwill Non Cash Investing And Financing Activity Discontinued Operations
GoodwillNonCashInvestingAndFinancingActivityDiscontinuedOperations
19013000 USD
CY2020 rep Goodwill Non Cash Investing And Financing Activity Discontinued Operations
GoodwillNonCashInvestingAndFinancingActivityDiscontinuedOperations
0 USD
CY2021 rep Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net Non Cash Investing And Financing Activity Discontinued Operations
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNetNonCashInvestingAndFinancingActivityDiscontinuedOperations
2824000 USD
CY2020 rep Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net Non Cash Investing And Financing Activity Discontinued Operations
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNetNonCashInvestingAndFinancingActivityDiscontinuedOperations
0 USD
CY2021 us-gaap Nature Of Operations
NatureOfOperations
Nature of Business<div style="margin-top:10pt;padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Organization</span></div><div style="padding-left:18pt;text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Riley Exploration Permian, Inc., ("Riley Permian", "REPX", "the Company", "Registrant", "we", "our", or "us"), is a growth-oriented, independent oil and natural gas company focused on the acquisition, exploration, development and production of oil, natural gas and NGLs in Texas and New Mexico. Our activities primarily include the horizontal development of the San Andres formation, a shelf margin deposit on the Northwest Shelf of the Permian Basin. Our acreage is primarily located on large, contiguous blocks in Yoakum County, Texas. </span></div><div style="text-align:justify;text-indent:18pt"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">On February 26, 2021 (the “Closing Date”), Riley Permian (f/k/a Tengasco, Inc. (“Tengasco”)), consummated the previously announced Merger pursuant to that certain Agreement and Plan of Merger (“Merger Agreement”), dated as of October 21, 2020, by and among Tengasco, Antman Sub, LLC, a newly formed Delaware limited liability company and wholly owned subsidiary of Tengasco (“Merger Sub”), and Riley Exploration – Permian, LLC (“REP LLC”), as amended by Amendment No. 1 to the Agreement and Plan of Merger, dated as of January 20, 2021, by and among Tengasco, Merger Sub and REP LLC. Pursuant to the terms of the Merger Agreement, Merger Sub merged with and into REP LLC, with REP LLC as the surviving company and as a wholly-owned subsidiary of Tengasco (collectively, with the other transactions described in the Merger Agreement, the “Merger”). On the Closing Date, the Registrant changed its name from Tengasco, Inc. to Riley Exploration Permian, Inc.</span></div><div style="margin-top:10pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Current Commodity Environment</span></div><div style="margin-top:10pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">During 2020, a novel strain of coronavirus, SARS-CoV-2, causing a disease referred to as COVID-19, spread quickly across the globe. Federal, state and local governments mobilized to implement containment mechanisms and minimize impacts to their populations and economies. Various containment measures, which included the quarantining of cities, regions and countries, have resulted in a severe drop in general economic activity and a resulting decrease in energy demand.</span></div><div style="text-align:justify;text-indent:18pt"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As oil and natural gas operations are considered essential in the State of Texas and New Mexico, the Company has not had any significant disruptions in operations.</span></div><div style="text-align:justify;text-indent:18pt"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">This outbreak and the related responses of governmental authorities and others to limit the spread of the virus significantly reduced global economic activity, resulting in a significant decline in the demand for oil and other commodities. These factors caused a swift and material deterioration in commodity prices for a majority of 2020, which significantly impacted our revenues for 2020 and, to a lesser degree, 2021. However, near the end of 2020 and during 2021, oil prices have increased but are expected to continue to be volatile as these events evolve. The Company cannot estimate the full length or gravity of the future impacts at this time and if there is another significant decline in oil price, it could have a material adverse effect on the Company’s results of operations, financial position, liquidity and the value of oil and natural gas reserves.</span></div>
CY2021 us-gaap Basis Of Accounting
BasisOfAccounting
Basis of Presentation<div style="margin-top:10pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">These consolidated financial statements as of the years ended September 30, 2021 and 2020 include the accounts of Riley Permian and its wholly-owned subsidiaries REP LLC, Riley Permian Operating Company, LLC ("RPOC"), Riley Employee Member, LLC ("REM"), Tengasco Pipeline Corporation ("TPC"), Tennessee Land &amp; Mineral Corporation ("TLMC"), and Manufactured Methane Corporation ("MMC"), and have been prepared in accordance with accounting principles generally accepted in the United States ("U.S. GAAP"). All intercompany balances and transactions have been eliminated upon consolidation. The Merger was accounted for as a reverse merger and, as such, the historical operations of REP LLC are deemed to be those of the Company. Thus, the consolidated financial statements included in this report reflect (i) the historical operating results of REP LLC prior to the Merger; (ii) the consolidated results of the Company following the Merger; (iii) the assets and liabilities of REP LLC at their historical cost; and (iv) the Company’s equity and earnings per share for all periods presented. As of June 22, 2021, REM and REP LLC consummated an Agreement and Plan of Merger whereby REM was merged into REP LLC with REP LLC as the surviving entity.</span></div><div style="margin-top:10pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain prior period amounts have been reclassified to conform to the current period financial statement presentation. These reclassifications had an immaterial effect on the previously reported total assets, total liabilities, members'/shareholders' equity, results of operations or cash flows.</span></div>
CY2021 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:10pt;padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Significant Estimates</span></div><div style="margin-top:10pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. These estimates and assumptions may also affect disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. </span></div><div style="margin-top:10pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company evaluates these estimates on an ongoing basis, using historical experience, consultation with experts and other methods the Company considers reasonable in the particular circumstances. Actual results may differ significantly from the Company’s estimates. Any effects on the Company’s business, financial position or results of operations resulting from revisions to these estimates are recorded in the period in which the facts that give rise to the revision become known. Significant items subject to such estimates and assumptions include, but are not limited to, estimates of proved oil and natural gas reserves and related present value estimates of future net cash flows therefrom, the carrying value of oil and natural gas properties, accounts receivable, accrued operating expenses and asset retirement obligations ("ARO"), the fair value determination of acquired assets and assumed liabilities, certain tax accruals and the fair value of derivatives.</span></div>
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CY2021Q3 us-gaap Financing Receivable Allowance For Credit Losses
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0 USD
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17008000 USD
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6919000 USD
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413000 USD
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1022000 USD
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2187000 USD
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10000 USD
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AccountsAndOtherReceivablesNetCurrent
0 USD
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17473000 USD
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10128000 USD
CY2021 us-gaap Depreciation
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420000 USD
CY2020 us-gaap Depreciation
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428000 USD
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1353000 USD
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1867000 USD
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707000 USD
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284000 USD
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309000 USD
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1161000 USD
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0 USD
CY2020 us-gaap Asset Retirement Obligation Revision Of Estimate
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-45000 USD
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98000 USD
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2419000 USD
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2949000 USD
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9718000 USD
CY2020Q3 rep Accrued Capital Expenditures Current
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2964000 USD
CY2021Q3 rep Accrued Lease Operating Expenses Current
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2428000 USD
CY2020Q3 rep Accrued Lease Operating Expenses Current
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1617000 USD
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4375000 USD
CY2020Q3 rep Accrued General And Administrative Cost Current
AccruedGeneralAndAdministrativeCostCurrent
2125000 USD
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0 USD
CY2020Q3 rep Accrued Dividends Preferred Units Current
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903000 USD
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CY2020Q3 us-gaap Other Accrued Liabilities Current
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CY2021Q3 us-gaap Accrued Liabilities Current
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CY2020Q3 us-gaap Accrued Liabilities Current
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CY2020Q3 us-gaap Asset Retirement Obligation
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CY2019Q3 us-gaap Asset Retirement Obligation
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CY2020 us-gaap Asset Retirement Obligation Liabilities Incurred
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CY2021 rep Asset Retirement Obligation Liabilities Acquired
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CY2021Q3 us-gaap Asset Retirement Obligation
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CY2020Q3 us-gaap Asset Retirement Obligation
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CY2020 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
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CY2020 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
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CY2020Q3 us-gaap Asset Retirement Obligation Current
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CY2021Q3 us-gaap Asset Retirement Obligations Noncurrent
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2306000 USD
CY2020Q3 us-gaap Asset Retirement Obligations Noncurrent
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2268000 USD
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CY2020Q3 us-gaap Unrecognized Tax Benefits
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0 USD
CY2020 us-gaap Interest Expense Debt
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5300000 USD
CY2021 us-gaap Interest Expense Debt
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CY2021 us-gaap Concentration Risk Credit Risk
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<div style="margin-top:10pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentrations of Credit Risk</span></div><div style="margin-top:10pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our customer concentration may impact our overall credit risk, either positively or negatively, in that these entities may be similarly affected by changes in economic or other conditions affecting the oil and natural gas industry. </span></div><div style="margin-top:10pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We sell our production at market prices and to a relatively small number of purchasers, as is customary in the exploration, development and production business. </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our purchaser contracts include marketing provisions with our purchasers to market our production.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> For the years ended September 30, 2021 and 2020, one purchaser accounted for 87% and 86%, respectively, of our revenue purchased, with three end customers each accounting for more than 10% of the purchased revenue. During such periods, no other purchaser accounted for 10% or more of our revenues. The loss of either of this purchaser could materially and adversely affect our revenues in the short-term. However, the end customers include companies with lower credit risk. Further, based on the current demand for oil and natural gas and the availability of other purchasers, we believe that the loss of any of our purchasers would not have a long-term material adverse effect on our financial condition and results of operations because oil, natural gas and NGLs are marketable products with well-established markets. </span></div>We manage credit risk related to accounts receivable through credit approvals, escrow accounts and monitoring procedures. Accounts receivable are generally not collateralized. However, we routinely assess the financial strength of our customers and, based upon factors surrounding the credit risk, establish an allowance for uncollectible accounts, if required. As a result, we believe that our accounts receivable credit risk exposure beyond such allowance is limited.
CY2021Q3 us-gaap Operating Lease Right Of Use Asset
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CY2020Q3 us-gaap Operating Lease Right Of Use Asset
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314000 USD
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392000 USD
CY2021Q3 us-gaap Operating Lease Liability Noncurrent
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CY2020Q3 us-gaap Operating Lease Liability Noncurrent
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314000 USD
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CY2020 us-gaap Business Acquisitions Pro Forma Revenue
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CY2020 rep Business Acquisition Pro Forma Income Loss From Continuing Operations Before Tax
BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeTax
33075000 USD
CY2021 rep Business Acquisition Pro Forma Income Loss From Discontinued Operations Before Tax
BusinessAcquisitionProFormaIncomeLossFromDiscontinuedOperationsBeforeTax
275000 USD
CY2020 rep Business Acquisition Pro Forma Income Loss From Discontinued Operations Before Tax
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CY2021 rep Business Acquisition Pro Forma Income Loss Before Tax
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CY2020 rep Business Acquisition Pro Forma Income Loss Before Tax
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CY2021 rep Business Combination Acquisition Related Costs Other
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CY2020 rep Business Acquisition Pro Forma Income Tax Expense Benefit
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CY2020 us-gaap Business Acquisitions Pro Forma Net Income Loss
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CY2020 us-gaap Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Diluted
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CY2021 rep Business Acquisition Pro Forma Income Loss From Discontinued Operations Net Of Tax Per Share Basic
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CY2020 rep Business Acquisition Pro Forma Income Loss From Discontinued Operations Net Of Tax Per Share Basic
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CY2020 rep Business Acquisition Pro Forma Income Loss From Discontinued Operations Net Of Tax Per Share Diluted
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-1.46
CY2021 rep Business Combination Acquisition Related Costs Net
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CY2020 rep Business Combination Acquisition Related Costs Net
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0 USD
CY2021 us-gaap Business Combination Acquisition Related Costs
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CY2020 us-gaap Business Combination Acquisition Related Costs
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1431000 USD
CY2021Q3 us-gaap Proved Oil And Gas Property Successful Effort Method
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402165000 USD
CY2020Q3 us-gaap Proved Oil And Gas Property Successful Effort Method
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326420000 USD
CY2021Q3 us-gaap Unproved Oil And Gas Property Successful Effort Method
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20557000 USD
CY2020Q3 us-gaap Unproved Oil And Gas Property Successful Effort Method
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32084000 USD
CY2021Q3 rep Work In Progress Oil And Gas Property Successful Effort Method
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11411000 USD
CY2020Q3 rep Work In Progress Oil And Gas Property Successful Effort Method
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15398000 USD
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373902000 USD
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CY2020Q3 us-gaap Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization
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345797000 USD
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CY2020 srt Exploratory Wells Drilled Net Productive
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CY2020Q3 us-gaap Capitalized Exploratory Well Costs
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CY2021 rep Capitalized Exploratory Well Costs Transfer In To Proved Oil And Gas Property Successful Effort Method
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CY2021 us-gaap Depletion Of Oil And Gas Properties
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CY2020 us-gaap Depletion Of Oil And Gas Properties
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CY2020 us-gaap Noncash Project Abandonment Costs
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21921000 USD
CY2020Q3 us-gaap Derivative Assets Liabilities At Fair Value Net
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21921000 USD
CY2019Q3 us-gaap Derivative Assets Liabilities At Fair Value Net
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14959000 USD
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CY2020 us-gaap Gain Loss On Derivative Instruments Net Pretax
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33876000 USD
CY2021 us-gaap Gain Loss On Sale Of Derivatives
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16304000 USD
CY2020 us-gaap Gain Loss On Sale Of Derivatives
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CY2020Q3 us-gaap Derivative Assets Liabilities At Fair Value Net
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21921000 USD
CY2021 rep Asset Retirement Obligation Liabilities Incurred And Acquired Fair Value Disclosure
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100000 USD
CY2020 rep Asset Retirement Obligation Liabilities Incurred And Acquired Fair Value Disclosure
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1200000 USD
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CY2020 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
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503000 USD
CY2021Q3 us-gaap Long Term Line Of Credit
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60000000 USD
CY2020Q3 us-gaap Long Term Line Of Credit
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101000000 USD
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18100000 USD
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15000000 USD
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0.28
CY2021Q3 us-gaap Dividends Common Stock Cash
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CY2021Q2 us-gaap Dividends Common Stock Cash
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CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
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CY2021Q1 us-gaap Dividends Common Stock Cash
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CY2020Q3 us-gaap Dividends Common Stock Cash
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CY2020Q2 us-gaap Dividends Common Stock Cash
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0.40
CY2020Q1 us-gaap Dividends Common Stock Cash
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5000000.0 USD
CY2019Q4 us-gaap Common Stock Dividends Per Share Declared
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CY2019Q4 us-gaap Dividends Common Stock Cash
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CY2021Q1 us-gaap Dividends Common Stock Cash
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CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
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CY2020 rep Unit Based Payment Arrangement Expense
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CY2020Q3 rep Temporary Equity Mandatory Redemption Period
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P1Y
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CY2020 us-gaap Current Federal Tax Expense Benefit
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CY2021 us-gaap Current State And Local Tax Expense Benefit
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CY2020 us-gaap Current State And Local Tax Expense Benefit
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CY2021 us-gaap Current Income Tax Expense Benefit
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CY2020 us-gaap Current Income Tax Expense Benefit
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CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
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12962000 USD
CY2020 rep Deferred Income Tax Expense Benefit Including Adjustments
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CY2021 us-gaap Income Tax Expense Benefit
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CY2020 us-gaap Income Tax Expense Benefit
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CY2020Q3 us-gaap Deferred Tax Liabilities
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0
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2021 rep Effective Income Tax Rate Reconciliation Change In Tax Status Percent
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CY2020 us-gaap Effective Income Tax Rate Continuing Operations
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CY2021Q3 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
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CY2021Q3 us-gaap Deferred Tax Assets Operating Loss Carryforwards Not Subject To Expiration
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CY2020 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
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CY2020 us-gaap Dividends Preferred Stock Cash
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CY2020 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
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31609000 USD
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CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
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12457000 shares
CY2021 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
CY2020 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
3999000 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
53000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16021000 shares
CY2021 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-3.02
CY2020 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.54
CY2021 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-3.02
CY2020 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.13
CY2020Q3 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
0 USD
CY2020 srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
3412 MBoe
CY2021Q3 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
0 USD
CY2021 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves
CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves
74000 USD
CY2020 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves
CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves
1187000 USD
CY2021 us-gaap Costs Incurred Acquisition Of Unproved Oil And Gas Properties
CostsIncurredAcquisitionOfUnprovedOilAndGasProperties
1562000 USD
CY2020 us-gaap Costs Incurred Acquisition Of Unproved Oil And Gas Properties
CostsIncurredAcquisitionOfUnprovedOilAndGasProperties
5331000 USD
CY2021 us-gaap Costs Incurred Exploration Costs
CostsIncurredExplorationCosts
7993000 USD
CY2020 us-gaap Costs Incurred Exploration Costs
CostsIncurredExplorationCosts
8039000 USD
CY2021 us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
59948000 USD
CY2020 us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
43684000 USD
CY2021 us-gaap Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities
CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities
69577000 USD
CY2020 us-gaap Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities
CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities
58241000 USD
CY2021 us-gaap Results Of Operations Revenue From Oil And Gas Producing Activities
ResultsOfOperationsRevenueFromOilAndGasProducingActivities
148636000 USD
CY2020 us-gaap Results Of Operations Revenue From Oil And Gas Producing Activities
ResultsOfOperationsRevenueFromOilAndGasProducingActivities
73133000 USD
CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
21975000 USD
CY2020 us-gaap Operating Lease Expense
OperatingLeaseExpense
20243000 USD
CY2021 us-gaap Production Tax Expense
ProductionTaxExpense
8636000 USD
CY2020 us-gaap Production Tax Expense
ProductionTaxExpense
4280000 USD
CY2021 us-gaap Exploration Expense
ExplorationExpense
9566000 USD
CY2020 us-gaap Exploration Expense
ExplorationExpense
9923000 USD
CY2021 us-gaap Results Of Operations Depreciation Depletion And Amortization And Valuation Provisions
ResultsOfOperationsDepreciationDepletionAndAmortizationAndValuationProvisions
25347000 USD
CY2020 us-gaap Results Of Operations Depreciation Depletion And Amortization And Valuation Provisions
ResultsOfOperationsDepreciationDepletionAndAmortizationAndValuationProvisions
20936000 USD
CY2021 us-gaap Results Of Operations Income Before Income Taxes
ResultsOfOperationsIncomeBeforeIncomeTaxes
83112000 USD
CY2020 us-gaap Results Of Operations Income Before Income Taxes
ResultsOfOperationsIncomeBeforeIncomeTaxes
17751000 USD
CY2021 us-gaap Results Of Operations Income Tax Expense
ResultsOfOperationsIncomeTaxExpense
13505000 USD
CY2020 us-gaap Results Of Operations Income Tax Expense
ResultsOfOperationsIncomeTaxExpense
0 USD
CY2020 srt Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
1163 MBoe
CY2020 srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
3412 MBoe
CY2021 us-gaap Results Of Operations Oil And Gas Producing Activities Net Income Excluding Corporate Overhead And Interest Costs
ResultsOfOperationsOilAndGasProducingActivitiesNetIncomeExcludingCorporateOverheadAndInterestCosts
69607000 USD
CY2020 us-gaap Results Of Operations Oil And Gas Producing Activities Net Income Excluding Corporate Overhead And Interest Costs
ResultsOfOperationsOilAndGasProducingActivitiesNetIncomeExcludingCorporateOverheadAndInterestCosts
17751000 USD
CY2021 rep Effective Income Tax Rate Reconciliation At Combined Federal And State Statutory Income Tax Rate Percent
EffectiveIncomeTaxRateReconciliationAtCombinedFederalAndStateStatutoryIncomeTaxRatePercent
0.2159
CY2019Q3 srt Proved Developed And Undeveloped Reserve Net Energy
ProvedDevelopedAndUndevelopedReserveNetEnergy
54803 MBoe
CY2020 srt Proved Developed And Undeveloped Reserve Production Energy
ProvedDevelopedAndUndevelopedReserveProductionEnergy
2591 MBoe
CY2020Q3 srt Proved Developed And Undeveloped Reserve Net Energy
ProvedDevelopedAndUndevelopedReserveNetEnergy
56787 MBoe
CY2021 srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
13759 MBoe
CY2021 srt Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
4772 MBoe
CY2021 srt Proved Developed And Undeveloped Reserve Production Energy
ProvedDevelopedAndUndevelopedReserveProductionEnergy
3155 MBoe
CY2021Q3 srt Proved Developed And Undeveloped Reserve Net Energy
ProvedDevelopedAndUndevelopedReserveNetEnergy
72163 MBoe
CY2019Q3 srt Proved Developed Reserves Boe1
ProvedDevelopedReservesBOE1
29092 MBoe
CY2020Q3 srt Proved Developed Reserves Boe1
ProvedDevelopedReservesBOE1
30186 MBoe
CY2021Q3 srt Proved Developed Reserves Boe1
ProvedDevelopedReservesBOE1
41516 MBoe
CY2019Q3 srt Proved Undeveloped Reserve Boe1
ProvedUndevelopedReserveBOE1
25711 MBoe
CY2020Q3 srt Proved Undeveloped Reserve Boe1
ProvedUndevelopedReserveBOE1
26601 MBoe
CY2021 srt Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
4772 MBoe
CY2021Q3 srt Proved Undeveloped Reserve Boe1
ProvedUndevelopedReserveBOE1
30647 MBoe
CY2020 rep Oil And Natural Gas Liquids Average Spot Price
OilAndNaturalGasLiquidsAverageSpotPrice
43.63
CY2020 rep Gas Average Spot Price
GasAverageSpotPrice
1.97
CY2021 srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
13759 MBoe
CY2021 rep Proved Developed And Undeveloped Reserve Result Of Drilling Successful Wells That Were Previously Classified As Unproved Locations Energy
ProvedDevelopedAndUndevelopedReserveResultOfDrillingSuccessfulWellsThatWerePreviouslyClassifiedAsUnprovedLocationsEnergy
6564 MBoe
CY2021 rep Proved Developed And Undeveloped Reserve Result Of Drilling Successful Wells Offsetting Locations That Were Previously Unproven Locations Energy
ProvedDevelopedAndUndevelopedReserveResultOfDrillingSuccessfulWellsOffsettingLocationsThatWerePreviouslyUnprovenLocationsEnergy
7195 MBoe
CY2020 srt Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
1163 MBoe
CY2020 rep Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Period Increase Decrease Due To Pricing And Differentials Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimatePeriodIncreaseDecreaseDueToPricingAndDifferentialsEnergy
1840 MBoe
CY2020 rep Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Period Increase Decrease Due To Lease Operating Expenses Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimatePeriodIncreaseDecreaseDueToLeaseOperatingExpensesEnergy
-1952 MBoe
CY2020 rep Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Period Increase Decrease Due To Result Of Better Well Performance That Exceeded Previous Estimates Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimatePeriodIncreaseDecreaseDueToResultOfBetterWellPerformanceThatExceededPreviousEstimatesEnergy
1275 MBoe
CY2020 rep Proved Developed And Undeveloped Reserve Result Of Drilling Successful Wells That Were Previously Classified As Unproved Locations Energy
ProvedDevelopedAndUndevelopedReserveResultOfDrillingSuccessfulWellsThatWerePreviouslyClassifiedAsUnprovedLocationsEnergy
1404 MBoe
CY2020 rep Proved Developed And Undeveloped Reserve Result Of Drilling Successful Wells Offsetting Locations That Were Previously Unproven Locations Energy
ProvedDevelopedAndUndevelopedReserveResultOfDrillingSuccessfulWellsOffsettingLocationsThatWerePreviouslyUnprovenLocationsEnergy
2008 MBoe
CY2021Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
2783910000 USD
CY2020Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
1533286000 USD
CY2021Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
839167000 USD
CY2020Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
550427000 USD
CY2021Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Development Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesDevelopmentCosts
218765000 USD
CY2020Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Development Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesDevelopmentCosts
144912000 USD
CY2021Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Income Tax Expense
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense
324487000 USD
CY2020Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Income Tax Expense
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense
3167000 USD
CY2021Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows
1401491000 USD
CY2020Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows
834780000 USD
CY2021Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
848555000 USD
CY2020Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
532442000 USD
CY2021Q3 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
552936000 USD
CY2020Q3 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
302338000 USD
CY2020Q3 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
302338000 USD
CY2019Q3 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
442212000 USD
CY2021 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
118030000 USD
CY2020 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
48611000 USD
CY2021 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
237475000 USD
CY2020 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
-162571000 USD
CY2021 srt Increase Decrease In Estimated Future Development Costs
IncreaseDecreaseInEstimatedFutureDevelopmentCosts
-18856000 USD
CY2020 srt Increase Decrease In Estimated Future Development Costs
IncreaseDecreaseInEstimatedFutureDevelopmentCosts
-12348000 USD
CY2021 srt Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
144392000 USD
CY2020 srt Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
17490000 USD
CY2021 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
50283000 USD
CY2020 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
7328000 USD
CY2021 srt Previously Estimated Development Costs Incurred
PreviouslyEstimatedDevelopmentCostsIncurred
12844000 USD
CY2020 srt Previously Estimated Development Costs Incurred
PreviouslyEstimatedDevelopmentCostsIncurred
10448000 USD
CY2021 srt Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
-124625000 USD
CY2020 srt Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
891000 USD
CY2021 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
30551000 USD
CY2020 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
44627000 USD
CY2021 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
36564000 USD
CY2020 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
2872000 USD
CY2021Q3 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
552936000 USD
CY2020Q3 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
302338000 USD

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