Acquisition (Tables)

6 Months Ended

Jun. 30, 2019

The following table contains the preliminary purchase price allocation at fair value:



(Thousands of dollars)	PAI			LLOG
Cash consideration paid	$	788,724		1,226,261
Fair value of net assets contributed	154,469			—
Contingent consideration	52,540			89,444
NCI in acquired assets	248,933			—
Total purchase consideration	$	1,244,666		1,315,705
(Thousands of dollars)
Fair value of Property, plant and equipment	$	1,627,429		1,340,206
Other assets	5,628			12,771
Less: Asset retirement obligations	(388,391		)	(37,272	)
Total net assets	$	1,244,666		1,315,705

Pro Forma Financial Information

The information below reflects pro forma adjustments based on available information and certain assumptions that we believe are reasonable. The pro forma results of operations do not include any cost savings or other synergies that we expect to realize from the transaction or any estimated costs that have been or will be incurred by us to integrate the PAI assets. The pro forma condensed combined financial information has been included for comparative purposes and is not necessarily indicative of the results that might have occurred had the transaction taken place on January 1, 2018; furthermore, the financial information is not intended to be a projection of future results.



(Thousands of dollars, except per share amounts)	Three Months Ended June 30, 2018		Six Months Ended June 30, 2018
Revenues	$	874,631	1,453,711
Net Income Attributable to Murphy	246,889		458,386

Net Income Attributable to Murphy per Common Share
Basic	$	1.43	2.65
Diluted	1.42		2.62