XML 70 R52.htm IDEA: XBRL DOCUMENT v3.24.0.1
Acquisitions and Dispositions (Details)
$ in Thousands
12 Months Ended
Nov. 30, 2023
USD ($)
Oct. 31, 2022
USD ($)
Aug. 15, 2022
USD ($)
Jun. 30, 2022
USD ($)
shares
May 10, 2022
USD ($)
shares
Nov. 19, 2021
USD ($)
shares
Oct. 01, 2021
USD ($)
shares
Aug. 03, 2021
USD ($)
shares
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
shares
Dec. 31, 2021
USD ($)
shares
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                      
Issuance pursuant to acquisitions | shares                   5,448,961 3,210,626
Right of use assets                 $ 12,888 $ 12,077  
Non-current lease liability                 8,899 3,775  
Asset Retirement Obligations, Noncurrent                 11,584 9,171  
WTI Contingency Payout           $ 1,900          
Gain (Loss) on WTI Contingency Payout                 5,500 4,100 $ 100
Derivative, Fair Value, Net                 163,600 28,200  
Deferred acquisition liability                 50,000 0  
Other Assets, Current                 5,590 2,671  
Accounts Payable and Accrued Liabilities, Current                 98,816 $ 60,200  
Operating Lease, Liability                 12,900    
Treasury Shares, Shares, Pursuant to Purchase Price Adjustment | shares                   41,375  
Proceeds from Sale of Property, Plant, and Equipment                 713 $ 4,347 0
La Mesa                      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                      
Wells Purchased               12      
Asset Acquisition, Consideration Transferred               $ 23,000      
Payments to Acquire Oil and Gas Property               $ 13,000      
Issuance pursuant to acquisitions | shares               516,675      
Asset Acquisition, Consideration Transferred, Equity Interest Issued and Issuable               $ 10,000      
Post Oak Acquisition                      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                      
Issuance pursuant to acquisitions | shares             1,341,990     489  
Asset Acquisition, Consideration Transferred, Equity Interest Issued and Issuable             $ 35,600        
Asset Acquisition, Transaction Costs                     600
Treasury Shares, Shares, Pursuant to Purchase Price Adjustment | shares                   41,375  
Teal Acquisition                      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                      
Asset Acquisition, Consideration Transferred           77,400          
Payments to Acquire Oil and Gas Property           37,600          
Asset Acquisition, Consideration Transferred, Equity Interest Issued and Issuable           37,900          
WTI Annual Earn Out Payment           $ 1,600          
WTI Annual Earn Out, Average Monthly Settlement Price           70          
Gain (Loss) on WTI Contingency Payout                 900 $ 1,200 100
2021 WTI Contingency Payable                 1,600 1,600  
Asset Acquisition, Transaction Costs                     $ 300
Teal Acquisition | Asset Acquisition, Shares Issuable                      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                      
Issuance pursuant to acquisitions | shares           1,351,961          
SandPoint Acquisition                      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                      
Asset Acquisition, Consideration Transferred         $ 67,476            
Payments to Acquire Oil and Gas Property         27,709            
Asset Acquisition, Consideration Transferred, Equity Interest Issued and Issuable         $ 39,767            
Asset Acquisition, Total Cost of Transaction                   67,942  
Allocation of Total Cost, Oil and gas properties                   84,810  
Allocation of Total Cost, Total assets                   84,810  
Asset Retirement Obligations, Noncurrent                   158  
Allocation of Total Cost, Total Liabilities                   16,868  
Asset Acquisition, Transaction Costs                   466  
Derivative, Fair Value, Net                   16,511  
Accounts Payable and Accrued Liabilities, Current                   $ 199  
SandPoint Acquisition | Asset Acquisition, Shares Issuable                      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                      
Issuance pursuant to acquisitions | shares         1,300,000            
Sundance Acquisition                      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                      
Asset Acquisition, Consideration Transferred       $ 344,939              
Payments to Acquire Oil and Gas Property       219,866              
Asset Acquisition, Consideration Transferred, Equity Interest Issued and Issuable       117,651              
Asset Acquisition, Total Cost of Transaction       351,705              
Allocation of Total Cost, Oil and gas properties       397,401              
Right of use assets       890              
Allocation of Total Cost, Total assets       402,493              
Non-current lease liability       890              
Asset Retirement Obligations, Noncurrent       2,444              
Allocation of Total Cost, Total Liabilities       50,788              
WTI Annual Earn Out Payment       7,500              
Gain (Loss) on WTI Contingency Payout                 1,000    
Asset Acquisition, Transaction Costs       6,766              
Derivative, Fair Value, Net       33,767              
Deferred acquisition liability $ 50,000                    
2022 WTI Contingency Payout Fair Value       $ 7,422              
WTI Annual Earn Out, Average Monthly Settlement Price 2022       95              
2023 WTI Annual Earn Out Payment       $ 7,500              
WTI Annual Earn Out, Average Monthly Settlement Price 2023       85              
2024 WTI Annual Earn Out Payment       $ 7,500              
Other Assets, Current       4,202              
Accounts Payable and Accrued Liabilities, Current       $ 13,687              
Operating Lease, Liability 187                    
Non-Cash Gain on WTI Contingency                 1,100    
Sundance Acquisition | Asset Acquisition, Shares Issuable                      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                      
Issuance pursuant to acquisitions | shares       4,148,472              
Arkoma Acquisition                      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                      
Asset Acquisition, Consideration Transferred     $ 31,200                
Dewitt and Gonzalez Counties Acquisition                      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                      
Asset Acquisition, Consideration Transferred   $ 80,100                  
Chesapeake Acquisition                      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                      
Asset Acquisition, Consideration Transferred 643,421                    
Payments to Acquire Oil and Gas Property 594,588                    
Asset Acquisition, Total Cost of Transaction 653,424                    
Allocation of Total Cost, Oil and gas properties 657,921                    
Right of use assets 187                    
Allocation of Total Cost, Total assets 658,108                    
Asset Retirement Obligations, Noncurrent 1,457                    
Allocation of Total Cost, Total Liabilities 4,684                    
Gain (Loss) on WTI Contingency Payout                 $ 4,300    
Asset Acquisition, Transaction Costs 10,003                    
Account Receivable for purchase price adjustments 18,100                    
2023 WTI Contingency Payout Fair Value 16,933                    
Accounts Payable and Accrued Liabilities, Current $ 3,040                    
WTI Annual Earn Out, Average Monthly Settlement Price 2024, Over $80 80                    
WTI Annual Earn Out, Average Monthly Settlement Price in 2024, Over $75 75                    
WTI Annual Earn Out, Average Monthly Settlement Price in 2024, Less than $80 80                    
WTI Annual Earn Out, Average Monthly Settlement Price in 2024, Below $75 75                    
2024 WTI Annual Earnout Payment, if WTI over $80 $ 50,000                    
2024 WTI Annual Earnout Payment, if WTI over $75 and less than $80 $ 25,000