Acquisitions and Dispositions (Tables)

12 Months Ended

Dec. 31, 2014

Business Combinations [Abstract]

Summary of Fair Value of Assets Acquired and Liabilities Assumed in Transaction

The following table presents the fair value of assets acquired and liabilities assumed in the transaction (in thousands):

	Conger Exchange
Consideration
Fair value of net assets transferred	$	550,273
Fair value of assets acquired and liabilities assumed
Cash	$	151,675
Working capital – Nora Gathering, LLC		12,731
Natural gas and oil properties		402,176
Transportation and field assets		7,793
Other liabilities-firm transportation contract		(12,175	)
Asset retirement obligations		(11,927	)
Fair value of net assets acquired and liabilities assumed	$	550,273