Annual report pursuant to Section 13 and 15(d)

Note 7 - Revenue (Tables)

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Note 7 - Revenue (Tables)
12 Months Ended
Dec. 31, 2023
Notes Tables  
Disaggregation of Revenue [Table Text Block]
   

Twelve Months Ended December 31,

 
   

2023

   

2022

   

2021

 

Revenues from customer contracts:

 

(in thousands)

 

Sales under the COSPA or COSMA

  $ 261,801     $ 320,522     $ 200,321  

Other items reported in revenue not associated with customer contracts:

                       

Gabonese government share of Profit Oil taken in-kind

    32,776       26,257       20,103  

Carried interest recoupment

    5,301       5,843       7,517  

Royalties

    (39,532 )     (45,847 )     (28,866 )

Net revenues

  $ 260,346     $ 306,775     $ 199,075  
   

Period Ended December 31,

 
   

2023

   

2022

 

Revenues from customer contracts:

 

(in thousands)

 

Gross sales

  $ 272,613     $ 56,452  

Royalties

    (110,569 )     (18,742 )

Selling costs

    (995 )      

Net revenues

  $ 161,049     $ 37,710  
   

Period Ended December 31,

 
   

2023

   

2022

 

Revenues from customer contracts:

 

(in thousands)

 

Oil revenue

  $ 28,287     $ 7,362  

Gas revenue

    3,467       1,340  

NGL revenue

    8,440       2,235  

Other revenue

          41  

Royalties

    (5,821 )     (1,137 )

Selling costs

    (702 )      

Net revenues

  $ 33,671     $ 9,841