| 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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| Purchase Consideration |
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| Common stock issued to TransGlobe shareholders |
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$ |
274,145 |
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$ |
— |
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$ |
274,145 |
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October 13, 2022 |
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Measurement Period Adjustment |
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October 13, 2022 |
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(in thousands) |
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| Assets acquired: |
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| Cash |
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$ |
36,686 |
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$ |
— |
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$ |
36,686 |
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| Wells, platforms and other production facilities |
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243,669 |
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— |
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243,669 |
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| Equipment and other |
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2,099 |
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— |
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2,099 |
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| Undeveloped acreage |
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30,216 |
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— |
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30,216 |
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| Accounts receivable - trade |
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48,068 |
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— |
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48,068 |
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| Accounts receivable - other |
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50,275 |
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— |
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50,275 |
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| Accounts with joint venture owners |
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68 |
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— |
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68 |
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| Right of use operating leases |
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1,609 |
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— |
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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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| Asset retirement obligations |
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(6,134 |
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— |
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(6,134 |
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| Accounts payable |
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(10,223 |
) |
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— |
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(10,223 |
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| Accrued liabilities and other |
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(50,128 |
) |
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— |
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(50,128 |
) |
| Operating lease liabilities - current portion |
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(961 |
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— |
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(961 |
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| Financing lease liabilities - current portion |
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(125 |
) |
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— |
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(125 |
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| Operating lease liabilities - net of current portion |
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(688 |
) |
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— |
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(688 |
) |
| Financing lease liabilities - net of current portion |
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(21 |
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— |
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(21 |
) |
| Deferred tax liabilities |
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(40,964 |
) |
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(1,412 |
) |
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(42,376 |
) |
| Other long-term liabilities |
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(26,313 |
) |
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— |
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(26,313 |
) |
| Bargain purchase gain |
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(10,819 |
) |
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1,412 |
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(9,407 |
) |
| Total purchase price |
|
$ |
274,145 |
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|
$ |
— |
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|
$ |
274,145 |
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| Business Acquisition, Pro Forma Information [Table Text Block] |
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Year Ended December 31, 2022 |
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|
Measurement Period Adjustment |
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Year Ended December 31, 2022 (As Adjusted) |
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Year Ended December 31, 2021 |
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|
Measurement Period Adjustment |
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Year Ended December 31, 2021 (As Adjusted) |
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(in thousands) |
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(in thousands) |
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| Pro forma (unaudited): |
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| Crude oil, natural gas and natural gas liquids sales |
$ |
547,670 |
(a) |
|
$ |
— |
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$ |
547,670 |
(a) |
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$ |
367,210 |
(a) |
|
$ |
— |
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$ |
367,210 |
(a) |
| Operating income |
$ |
267,582 |
(b) |
|
$ |
— |
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$ |
267,582 |
(c) |
|
$ |
104,924 |
(c) |
|
$ |
— |
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|
$ |
104,924 |
(c) |
| Net income |
$ |
130,425 |
(d) |
|
$ |
1,412 |
(g) |
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$ |
131,837 |
(d) |
|
$ |
54,534 |
(e,f) |
|
$ |
(1,412 |
) |
(g) |
|
$ |
53,122 |
(e,f) |
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| Basic net income per share: |
$ |
1.21 |
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$ |
0.01 |
(g) |
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$ |
1.22 |
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$ |
0.51 |
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$ |
(0.02 |
) |
(g) |
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$ |
0.49 |
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| Basic weighted average shares outstanding |
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108,206 |
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108,206 |
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108,206 |
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107,537 |
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107,537 |
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107,537 |
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| Diluted net income per share: |
$ |
1.20 |
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$ |
0.01 |
(g) |
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$ |
1.21 |
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$ |
0.50 |
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$ |
(0.01 |
) |
(g) |
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$ |
0.49 |
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| Diluted weighted average shares outstanding |
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108,642 |
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108,642 |
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108,642 |
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108,062 |
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108,062 |
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108,062 |
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