ACQUISITION (Tables)

9 Months Ended

Sep. 30, 2024

ACQUISITION

Schedule of the preliminary allocation of total purchase consideration

The following table presents the Company’s allocation of total purchase consideration to the identifiable assets acquired and liabilities assumed based on the fair values on the date of acquisition (in thousands):

	January 2024
Oil and natural gas properties and other, net	$	94,970
Asset retirement obligations		(17,647)
Allocated purchase price	$	77,323