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ACQUISITIONS AND DIVESTITURES - Purchase Price Allocation (Details)
$ in Thousands
Aug. 02, 2023
USD ($)
Hibernia Acquisition  
Assets Acquired  
Cash and cash equivalents $ 30,671
Accounts receivable - oil and natural gas sales 89,766
Accounts receivable - joint interest and other 4,874
Proved properties 2,123,791
Unproved properties 115,802
Other property and equipment 520
Right-of-use assets 30,393
Total assets acquired 2,395,817
Liabilities Assumed  
Accounts payable and accrued expenses 91,977
Production taxes payable 10,320
Oil and natural gas revenue distribution payable 75,267
Asset retirement obligations 8,299
Lease liability 30,393
Total liabilities assumed 216,256
Net assets acquired 2,179,561
Tap Rock Acquisition  
Assets Acquired  
Cash and cash equivalents 6,543
Accounts receivable - oil and natural gas sales 106,255
Accounts receivable - joint interest and other 31,300
Prepaid expenses and other 22,013
Proved properties 2,377,649
Unproved properties 298,859
Other property and equipment 12,827
Right-of-use assets 626
Total assets acquired 2,856,072
Liabilities Assumed  
Accounts payable and accrued expenses 179,626
Production taxes payable 15,557
Oil and natural gas revenue distribution payable 78,758
Ad valorem taxes 1,374
Asset retirement obligations 31,518
Lease liability 626
Deferred revenue 50,266
Total liabilities assumed 357,725
Net assets acquired $ 2,498,347