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Acquisitions (Tables)
9 Months Ended
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 assumed5,836 
Net Assets Acquired and Liabilities Assumed$123,845 
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(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.