Note 2. Acquisitions and Divestitures

2013 Acquisition

Cedar Creek Anticline Acquisition. On March 27, 2013, we acquired producing assets in the Cedar Creek Anticline ("CCA") of Montana and North Dakota from a wholly-owned subsidiary of ConocoPhillips Company for $1.0 billion after final closing adjustments. This acquisition was not reflected as an Investing Activity on our Unaudited Condensed Consolidated Statement of Cash Flows for the six months ended June 30, 2013 due to the movement of the cash used to acquire these assets through a qualified intermediary to facilitate a like-kind-exchange treatment under federal income tax rules. This acquisition meets the definition of a business under the Financial Accounting Standards Board Codification ("FASC") Business Combinations topic. The fair values assigned to assets acquired and liabilities assumed in this acquisition have been finalized and no adjustments have been made to fair value amounts previously disclosed in our Form 10-K for the period ended December 31, 2013.

For the three months ended June 30, 2013 and for the period from March 27, 2013 to June 30, 2013, we recognized $88.7 million and $92.7 million of oil, natural gas, and related product sales, respectively, from the property interests acquired in the CCA acquisition. For the three months ended June 30, 2013 and for the period from March 27, 2013 to June 30, 2013, we recognized $65.2 million and $67.9 million of net field operating income (defined as oil, natural gas and related product sales less lease operating expenses, production and ad valorem taxes, and marketing expenses), respectively, related to the CCA acquisition.

Unaudited Pro Forma Acquisition Information. The following pro forma total revenues and other income and pro forma net income are presented as if the CCA acquisition had occurred on January 1, 2013:



	Six Months Ended
In thousands, except per share data	June 30, 2013
Pro forma total revenues and other income	$	1,315,344
Pro forma net income	247,755
Pro forma net income per common share
Basic	$	0.67
Diluted	0.67