XML 55 R28.htm IDEA: XBRL DOCUMENT v3.20.4

Subsequent Events	12 Months Ended
	Dec. 31, 2020
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On March 3, 2021, the Company named Mr. Grayson Pranin, formerly its Vice President for Reserves and Engineering, as Senior Vice President and Chief Operating Officer. The Company also named Mr. Salah Gamoudi, the Company’s Chief Financial Officer and Chief Accounting Officer, as a Senior Vice President. It also named Mr. Dean Parrish, formerly its Director of Operations, as its Vice President of Operations. On February 5, 2021, the Company sold all of our oil and natural gas properties and related assets of the North Park Basin in Colorado for a purchase price of $47 million. The sale closed for net proceeds of $39.7 million in cash, which is net of effective to closing date adjustments. North Park Basin ("NPB") for the year ended December 31, 2020, represented $31.1 million, or 27.0% of the Company's $115.0 million total consolidated Revenues, NPB represented $9.1 million, or 20.9% of the Company's $43.4 million consolidated Lease operating expense, it represented $1.8 million, or 18.7% of the Company's $9.6 million consolidated Production, ad valorem and other taxes, it represented $1.5 million or 18.1% of the Company's consolidated capital expenditures of $8.3 million and NPB represented 0.9 MMBoe, or 10.3% of the Company's consolidated total production volumes of 8.7 MMBoe.

X

- References

No definition available.

+ Details

Name:	us-gaap_SubsequentEventsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 855
-URI http://asc.fasb.org/topic&trid=2122774

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 855
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6842918&loc=SL6314017-165662

+ Details

Name:	us-gaap_SubsequentEventsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration