Acquisition Purchase Price Transaction Details (Tables)

3 Months Ended

Mar. 31, 2020

The details of the estimated purchase price and the preliminary allocation of the purchase price for the transaction, are as follows:



	Three Months Ended March 31, 2020
	(in thousands)
Consideration:
Cash	$	40
Retirement of seller's credit facility	166,238
Total cash consideration	166,278
Common stock issued	1,009,015
Shares withheld in lieu of taxes	6,299
Total consideration	$	1,181,592

Recognized amounts of identifiable assets acquired and liabilities assumed:
Assets acquired:
Current assets	$	150,487
Properties and equipment, net - proved	1,613,759
Properties and equipment, net - unproved	109,615
Properties and equipment, net - other	16,242
Deferred tax asset	189,509
Other assets	12,367
Total assets acquired	2,091,979
Liabilities assumed:
Current liabilities	(261,845		)
Senior notes	(555,500		)
Asset retirement obligations	(40,074		)
Other liabilities	(52,968		)
Total liabilities assumed	(910,387		)
Total identifiable net assets acquired	$	1,181,592