Property Acquisitions and Divestitures (Tables) - Forest Oil Combination

12 Months Ended

Dec. 31, 2015

Schedule of fair value of consideration

Number of shares of Forest Oil Corporation outstanding as of the date of the Combination (in thousands)		118,863
Forest Oil Corporation closing stock price on December 16, 2014	$	0.34
Common stock equity consideration (in thousands)	$	40,413

Schedule of allocation of consideration to net assets acquired

	December 16,				December 16,
	2014				2014
(Stated in thousands of dollars)	(as previously reported)		Adjustments (1)		(as adjusted)
Cash		134,887				134,887
Accounts receivable		61,889		5,908		67,797
Prepaid expenses and other current assets		7,225		(523)		6,702
Derivative instruments		31,621				31,621
Oil and natural gas properties, proved		343,127				343,127
Oil and natural gas properties, unproved		189,877		(17,499)		172,378
Other long term assets		8,121		3		8,124
Other fixed assets		697		20		717
Net deferred tax asset		14,524		3,087		17,611
Accounts payable		(76,766)		(1,908)		(78,674)
Royalties payable		(7,446)		(110)		(7,555)
Accrued exploration and development		(27,982)		211		(27,771)
Accrued operating expense and other		(29,246)		(12)		(29,258)
Accrued interest		(4,730)				(4,730)
Other short-term obligations (2)		(15,191)				(15,191)
Revolving credit facility		(105,000)				(105,000)
Senior notes		(394,783)				(394,783)
Asset retirement obligations		(23,946)				(23,946)
Other long-term obligations		(66,465)		10,823		(55,643)
Total identifiable net assets and consideration transferred	$	40,413	$	—	$	40,413

(1) Adjustments to the fair value of identifiable assets acquired and liabilities assumed in the Combination are related to a change in the estimated fair value of unproved properties, a change in the fair value of other long term obligations as a result of curtailments in the post retirement benefit plans and a change in estimate or classification of other assets and liabilities. These adjustments were primarily recorded at the end of the measurement period, which was considered to be December 16, 2015.

(2) Includes $9.4 million of asset retirement obligations.

Schedule of pro forma information

	For the Year Ended				For the Year Ended
	December 31, 2014				December 31, 2013
	Actual		Pro forma		Actual		Pro forma
	(in thousands)				(in thousands)
Pro forma (unaudited)
Total revenues	$	464,723	$	673,641	$	354,978	$	518,167
Net income (loss)		(326,720)		(286,052)		10,577		(8,226)