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Acquisitions (Tables)
3 Months Ended
Mar. 31, 2017
Schedule of Consideration Paid for the Transactions of Assets Acquired and Liabilities Assumed [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following presents the purchase price and the preliminary allocation of the purchase price to the assets acquired and liabilities assumed as of the acquisition date. The Company currently expects these amounts will be finalized during the fourth quarter of 2017.
 
 
Preliminary Purchase Price Allocation
 
 
(In thousands)
Assets
 
 
Other current assets
 

$477

Oil and gas properties
 
 
Proved properties
 
94,664

Unproved properties
 
70,309

Total oil and gas properties
 
164,973

Total assets acquired
 

$165,450

 
 
 
Liabilities
 
 
Revenues and royalties payable
 

$1,442

Other current liabilities
 
323

Asset retirement obligations
 
2,054

Other liabilities
 
1,078

Total liabilities assumed
 

$4,897

Net Assets Acquired
 

$160,553