XML 77 R47.htm IDEA: XBRL DOCUMENT v3.24.0.1
ACQUISITIONS AND DIVESTITURES - Purchase Price Allocation (Details)
$ in Thousands
Aug. 02, 2023
USD ($)
Hibernia Acquisition  
Assets Acquired  
Cash and cash equivalents $ 30,671
Accounts receivable - crude oil and natural gas sales 89,766
Accounts receivable - joint interest and other 4,463
Proved properties 2,135,085
Unproved properties 115,802
Other property and equipment 520
Right-of-use assets 30,393
Total assets acquired 2,406,700
Liabilities Assumed  
Accounts payable and accrued expenses 97,739
Production taxes payable 10,320
Crude oil and natural gas revenue distribution payable 75,267
Asset retirement obligations 8,299
Lease liability 30,393
Total liabilities assumed 222,018
Net assets acquired 2,184,682
Tap Rock Acquisition  
Assets Acquired  
Cash and cash equivalents 6,543
Accounts receivable - crude oil and natural gas sales 106,255
Accounts receivable - joint interest and other 31,715
Prepaid expenses and other 17,930
Proved properties 2,335,333
Unproved properties 298,859
Other property and equipment 12,827
Right-of-use assets 626
Total assets acquired 2,810,088
Liabilities Assumed  
Accounts payable and accrued expenses 150,138
Production taxes payable 9,692
Crude oil and natural gas revenue distribution payable 68,094
Ad valorem taxes 1,407
Asset retirement obligations 31,518
Lease liability 626
Deferred revenue 50,266
Total liabilities assumed 311,741
Net assets acquired $ 2,498,347