Quarterly report pursuant to Section 13 or 15(d)

ACQUISITIONS AND DIVESTITURES - Preliminary Allocation of the Total Cost of the Founders Acquisition (Details)

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ACQUISITIONS AND DIVESTITURES - Preliminary Allocation of the Total Cost of the Founders Acquisition (Details) - USD ($)
 9 Months Ended
Jul. 10, 2023
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Fair value of assets acquired:        
Oil and natural gas properties   $ 1,628,230,243   $ 1,463,838,595
Fair value of assets acquired:        
Asset retirement obligations   28,762,663   $ 30,226,306
Founders Acquisition        
Investing Activities - Cash Paid        
Deposit in escrow $ 7,500,000 7,500,000 $ 0  
Closing amount paid to Founders 42,502,799      
Interest from escrow deposit 1,747 1,747 0  
Fair value of deferred payment liability 14,657,383      
Post-close adjustments (1,463,632) (1,463,632) 0  
Total cash consideration 63,198,297      
Direct transaction costs 1,361,843 $ 1,361,843 $ 0  
Total consideration 64,560,140      
Fair value of assets acquired:        
Oil and natural gas properties 67,562,084      
Amount attributable to assets acquired 67,562,084      
Fair value of assets acquired:        
Suspense liability 677,116      
Asset retirement obligations 2,090,777      
Ad valorem tax liability 234,051      
Amount attributable to liabilities assumed 3,001,944      
Net assets acquired $ 64,560,140