Business Combination Purchase Price Transaction Details (Tables)

12 Months Ended

Dec. 31, 2021

Business Combination, Separately Recognized Transactions [Line Items]

Business Acquisition, Pro Forma Information

	Year Ended December 31,
	2020		2019
	(in thousands, except per share data)
Total revenue	$	1,361,051	$	1,761,498
Net income (loss)	(695,663)		139,578
Earnings (loss) per share:
Basic	$	(6.97)	$	1.36
Diluted	(6.97)		1.35

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

	(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	$	145,792
Properties and equipment, net - proved	1,613,674
Properties and equipment, net - unproved	109,615
Properties and equipment, net - other	16,242
Deferred tax asset	189,311
Other assets	11,810
Total assets acquired	$	2,086,444
Liabilities assumed:
Current liabilities	$	(253,967)
Senior notes	(555,500)
Asset retirement obligations	(42,417)
Other liabilities	(52,968)
Total liabilities assumed	(904,852)
Total identifiable net assets acquired	$	1,181,592