Asset Acquisitions and Divestitures (Tables)

12 Months Ended

Sep. 30, 2021

Asset Acquisition [Abstract]

Summary of Asset Acquisition

The following is a summary of the asset acquisition (in thousands):

Purchase Price						$	503,908
Transaction Costs						2,350
Total Consideration						$	506,258
	Allocation of Cost of Asset Acquisition:
	Exploration and Production Reporting Segment			Gathering Reporting Segment				Total
Property, Plant and Equipment	$	281,648	(1)(2)	$	223,369	(2)		$	505,017
Inventory	1,132			109				1,241
Total Accounting	$	282,780		$	223,478			$	506,258

(1)Includes $241,134 in Proved Developed Producing Properties and $277,832 capitalized in the full cost pool.

(2)The Company utilized an income approach and market based approach to determine the fair value of the acquired property, plant and equipment in the Exploration and Production reporting segment. The Company utilized a cost approach and an income approach to determine the fair value of the acquired property, plant and equipment in the Gathering reporting segment.