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Acquisitions (Tables) | 9 Months Ended
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Sep. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract] |
Schedule of Preliminary Allocation of Total Cost to the Assets Acquired and Liabilities Assumed | The following table represents the allocation of the total cost of the Cherokee Play Acquisition to the assets acquired and liabilities assumed as of the Cherokee Play Acquisition closing date:
| (in thousands)
Total Cost |
Cash at closing | $ | 101,686 |
Holdback and escrow(1) | 22,159 |
Total Consideration | $ | 123,845 |
Allocation of Total Consideration |
Assets |
Oil and natural gas properties | $ | 129,681 |
Total Assets | $ | 129,681 |
Liabilities |
Accounts payable and accrued expenses | $ | 5,836 |
Total liabilities assumed | 5,836 |
Net Assets Acquired and Liabilities Assumed | $ | 123,845 |
__________________ (1) Represents escrowed amounts for conveyed interest upon completion of well included in amended Purchase and Sale Agreement (the “PSA”), funds held in escrow pending title due diligence and funds held in escrow to satisfy Seller’s indemnification obligations under Article XII of the PSA.

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- Definition Tabular disclosure of asset acquisition. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 805 -SubTopic 50 -Name Accounting Standards Codification -Section 15 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480123/805-50-15-3 + Details
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