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Acquisitions - NRO Acquisition, Purchase Price Allocation (Details) - Nickel Road Operating LLC [Member]
$ in Thousands
Oct. 01, 2024
USD ($)
Consideration:  
Cash consideration $ 49,270 [1]
Deposits on oil and natural gas properties 6,000 [2]
Direct transaction costs 239 [3]
Total consideration 55,509
Assets acquired:  
Oil and natural gas properties 63,591 [4]
Prepaid expenses, third-party JIB receivable, and other 104
Assets acquired 63,695
Liabilities assumed:  
Accounts payable and accrued expenses (7,965) [5]
Asset retirement obligation, long-term (221)
Liabilities assumed $ (8,186)
[1] Includes the final settlement statement payment of $0.3 million from NRO to the Company.
[2] Represents the Deposit paid by the Company to NRO.
[3] Represents transaction costs associated with the NRO Acquisition which have been capitalized in accordance with ASC 805.
[4] Includes the asset retirement obligation asset associated with the proved oil and natural gas properties.
[5] Represents the amounts associated with the assets acquired in the NRO Acquisition unpaid at the closing date and primarily relates to ad valorem tax liabilities of $6.6 million and suspended revenues of $1.2 million.