| Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] |
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|
October 13, 2022 |
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|
Measurement Period Adjustment |
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|
October 13, 2022 (As Adjusted) |
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| |
|
(in thousands) |
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|
(in thousands) |
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|
(in thousands) |
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| Purchase Consideration |
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|
|
|
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|
|
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|
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| Common stock issued to TransGlobe shareholders |
|
$ |
274,145 |
|
|
$ |
— |
|
|
$ |
274,145 |
|
| |
|
October 13, 2022 |
|
|
Measurement Period Adjustment |
|
|
October 13, 2022 |
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| |
|
(in thousands) |
|
|
(in thousands) |
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|
(in thousands) |
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| Assets acquired: |
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|
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| Cash |
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$ |
36,686 |
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|
$ |
— |
|
|
$ |
36,686 |
|
| Wells, platforms and other production facilities |
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|
243,669 |
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|
|
— |
|
|
|
243,669 |
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| Equipment and other |
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|
2,099 |
|
|
|
— |
|
|
|
2,099 |
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| Undeveloped acreage |
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|
30,216 |
|
|
|
— |
|
|
|
30,216 |
|
| Accounts receivable - trade |
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|
48,068 |
|
|
|
— |
|
|
|
48,068 |
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| Accounts receivable - other |
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|
50,275 |
|
|
|
— |
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|
|
50,275 |
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| Accounts with joint venture owners |
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|
68 |
|
|
|
— |
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|
|
68 |
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| Right of use operating leases |
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|
1,609 |
|
|
|
— |
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|
|
1,609 |
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| Right of use financing leases |
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|
204 |
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|
|
— |
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|
|
204 |
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| Prepayment and other |
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|
7,627 |
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|
— |
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|
|
7,627 |
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| Liabilities assumed: |
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|
|
|
|
|
|
|
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|
- |
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| Asset retirement obligations |
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|
(6,134 |
) |
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— |
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|
(6,134 |
) |
| Accounts payable |
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|
(10,223 |
) |
|
|
— |
|
|
|
(10,223 |
) |
| Accrued liabilities and other |
|
|
(50,128 |
) |
|
|
— |
|
|
|
(50,128 |
) |
| Operating lease liabilities - current portion |
|
|
(961 |
) |
|
|
— |
|
|
|
(961 |
) |
| Financing lease liabilities - current portion |
|
|
(125 |
) |
|
|
— |
|
|
|
(125 |
) |
| Operating lease liabilities - net of current portion |
|
|
(688 |
) |
|
|
— |
|
|
|
(688 |
) |
| Financing lease liabilities - net of current portion |
|
|
(21 |
) |
|
|
— |
|
|
|
(21 |
) |
| Deferred tax liabilities |
|
|
(40,964 |
) |
|
|
(1,412 |
) |
|
|
(42,376 |
) |
| Other long-term liabilities |
|
|
(26,313 |
) |
|
|
— |
|
|
|
(26,313 |
) |
| Bargain purchase gain |
|
|
(10,819 |
) |
|
|
1,412 |
|
|
|
(9,407 |
) |
| Total purchase price |
|
$ |
274,145 |
|
|
$ |
— |
|
|
$ |
274,145 |
|
|
| Business Acquisition, Pro Forma Information [Table Text Block] |
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|
Three Months Ended June 30, |
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|
Six Months Ended June 30, |
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|
2022 |
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|
|
2022 |
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|
(in thousands) |
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|
(in thousands) |
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| Pro forma (unaudited): |
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|
|
|
|
|
|
|
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| Crude oil, natural gas and natural gas liquids sales |
|
$ |
183,665 |
|
(a) |
|
$ |
304,792 |
|
(a) |
| Operating income |
|
$ |
110,091 |
|
(b) |
|
$ |
171,518 |
|
(d) |
| Net income |
|
$ |
41,818 |
|
(c) |
|
$ |
72,857 |
|
(e) |
| |
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|
|
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|
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| Basic net income per share: |
|
$ |
0.39 |
|
|
|
$ |
0.67 |
|
|
| Basic weighted average shares outstanding |
|
|
108,232 |
|
|
|
|
108,121 |
|
|
| |
|
|
|
|
|
|
|
|
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| Diluted net income per share: |
|
$ |
0.38 |
|
|
|
$ |
0.67 |
|
|
| Diluted weighted average shares outstanding |
|
|
108,668 |
|
|
|
|
108,585 |
|
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|