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Acquisition Purchase Price Transaction Details (Tables)
6 Months Ended
Jun. 30, 2020
Business Combination, Separately Recognized Transactions [Line Items]  
Business Combination, Separately Recognized Transactions [Table Text Block]
The details of the estimated purchase price and the preliminary allocation of the purchase price are as follows:
 
Six Months Ended June 30, 2020
 
(in thousands)
Consideration:
 
Cash
$
40

Retirement of seller's credit facility
166,238

Total cash consideration
166,278

Common stock issued
1,009,015

Shares withheld in lieu of taxes
6,299

Total consideration
$
1,181,592

 
 
Recognized amounts of identifiable assets acquired and liabilities assumed:
 
Assets acquired:
 
Current assets
$
148,977

Properties and equipment, net - proved
1,607,175

Properties and equipment, net - unproved
109,615

Properties and equipment, net - other
16,242

Deferred tax asset
193,410

Other assets
9,489

Total assets acquired
2,084,908

Liabilities assumed:
 
Current liabilities
(254,465
)
Senior notes
(555,500
)
Asset retirement obligations
(40,383
)
Other liabilities
(52,968
)
Total liabilities assumed
(903,316
)
Total identifiable net assets acquired
$
1,181,592