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Business Combination (Tables)
6 Months Ended
Jun. 30, 2015
Business Combinations [Abstract]  
Initial allocation of consideration given
The allocation of the consideration given related to this business combination was as follows (in thousands).
Consideration given
Initial Allocation
 
Adjustments (1)
 
Adjusted Allocation
   Cash
$
24,648

 
$

 
$
24,648

   Preferred shares issued
32,490

 

 
32,490

   Common shares issued
71,478

 

 
71,478

      Total consideration given
$
128,616

 
$

 
$
128,616

 Allocation of purchase price
 
 
 
 
 
   Cash acquired
$
620

 
$

 
$
620

   Accounts receivable
3,536

 

 
3,536

   Inventory
180

 

 
180

   Other current assets
106

 

 
106

   Oil and natural gas properties
 
 
 
 
 
      Evaluated oil and natural gas properties
22,044

 
(5,520
)
 
16,524

      Unproved oil and unevaluated natural gas properties
194,686

 
6,835

 
201,521

   Other property and equipment

 
178

 
178

   Accounts payable
(2,551
)
 

 
(2,551
)
   Accrued liabilities
(11
)
 
(1,493
)
 
(1,504
)
   Current note payable
(11,982
)
 

 
(11,982
)
   Asset retirement obligations
(2,046
)
 

 
(2,046
)
   Deferred tax liabilities incurred
(75,966
)
 

 
(75,966
)
      Net assets acquired
$
128,616

 
$

 
$
128,616

________________
(1) These adjustments were the result of further analysis of the assets and liabilities acquired in the HEYCO Merger.