Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] |
| | October 13, 2022 | | | Measurement Period Adjustment | | | October 13, 2022 (As Adjusted) | |
| | (in thousands) | | | (in thousands) | | | (in thousands) | |
Purchase Consideration | | | | | | | | | | | | |
Common stock issued to TransGlobe shareholders | | $ | 274,145 | | | $ | — | | | $ | 274,145 | |
| | October 13, 2022 | | | Measurement Period Adjustment | | | October 13, 2022 | |
| | (in thousands) | | | (in thousands) | | | (in thousands) | |
Assets acquired: | | | | | | | | | | | | |
Cash | | $ | 36,686 | | | $ | — | | | $ | 36,686 | |
Wells, platforms and other production facilities | | | 243,669 | | | | — | | | | 243,669 | |
Equipment and other | | | 2,099 | | | | — | | | | 2,099 | |
Undeveloped acreage | | | 30,216 | | | | — | | | | 30,216 | |
Accounts receivable - trade | | | 48,068 | | | | — | | | | 48,068 | |
Accounts receivable - other | | | 50,275 | | | | — | | | | 50,275 | |
Accounts with joint venture owners | | | 68 | | | | — | | | | 68 | |
Right of use operating leases | | | 1,609 | | | | — | | | | 1,609 | |
Right of use financing leases | | | 204 | | | | — | | | | 204 | |
Prepayment and other | | | 7,627 | | | | — | | | | 7,627 | |
Liabilities assumed: | | | | | | | | | | | - | |
Asset retirement obligations | | | (6,134 | ) | | | — | | | | (6,134 | ) |
Accounts payable | | | (10,223 | ) | | | — | | | | (10,223 | ) |
Accrued liabilities and other | | | (50,128 | ) | | | — | | | | (50,128 | ) |
Operating lease liabilities - current portion | | | (961 | ) | | | — | | | | (961 | ) |
Financing lease liabilities - current portion | | | (125 | ) | | | — | | | | (125 | ) |
Operating lease liabilities - net of current portion | | | (688 | ) | | | — | | | | (688 | ) |
Financing lease liabilities - net of current portion | | | (21 | ) | | | — | | | | (21 | ) |
Deferred tax liabilities | | | (40,964 | ) | | | (1,412 | ) | | | (42,376 | ) |
Other long-term liabilities | | | (26,313 | ) | | | — | | | | (26,313 | ) |
Bargain purchase gain | | | (10,819 | ) | | | 1,412 | | | | (9,407 | ) |
Total purchase price | | $ | 274,145 | | | $ | — | | | $ | 274,145 | |
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Business Acquisition, Pro Forma Information [Table Text Block] |
| | Three Months Ended June 30, | | | | Six Months Ended June 30, | | |
| | 2022 | | | | 2022 | | |
| | (in thousands) | | | | (in thousands) | | |
Pro forma (unaudited): | | | | | | | | | | |
Crude oil, natural gas and natural gas liquids sales | | $ | 183,665 | | (a) | | $ | 304,792 | | (a) |
Operating income | | $ | 110,091 | | (b) | | $ | 171,518 | | (d) |
Net income | | $ | 41,818 | | (c) | | $ | 72,857 | | (e) |
| | | | | | | | | | |
| | | | | | | | | | |
Basic net income per share: | | $ | 0.39 | | | | $ | 0.67 | | |
Basic weighted average shares outstanding | | | 108,232 | | | | | 108,121 | | |
| | | | | | | | | | |
Diluted net income per share: | | $ | 0.38 | | | | $ | 0.67 | | |
Diluted weighted average shares outstanding | | | 108,668 | | | | | 108,585 | | |
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