Business Combination (Tables)

9 Months Ended

Sep. 30, 2015

Business Combinations [Abstract]

Initial allocation of consideration given

The preliminary allocation of the consideration given related to this business combination was as follows (in thousands).

Consideration given	Allocation
Cash	$	24,648
Preferred shares issued	32,490
Common shares issued	71,478
Total consideration given	$	128,616
Allocation of purchase price
Cash acquired	$	620
Accounts receivable	3,536
Inventory	180
Other current assets	106
Oil and natural gas properties
Evaluated oil and natural gas properties	16,524
Unproved oil and unevaluated natural gas properties	201,521
Other property and equipment	178
Accounts payable	(2,551		)
Accrued liabilities	(1,504		)
Current note payable	(11,982		)
Asset retirement obligations	(2,046		)
Deferred tax liabilities incurred	(75,966		)
Net assets acquired	$	128,616