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Schedule of Purchase Price Allocation (Details) - USD ($) $ in Thousands | Mar. 26, 2025 | Oct. 01, 2024
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Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract] |  |  |  |  |
Cash consideration |  | $ 467,520 | [1] | $ 49,270 | [2]
Common stock issued to the sellers | [3] | 16,000 |  |  |
Direct transaction costs |  | 7,061 | [4] | 239 | [5]
Total consideration |  | 490,581 |  | 55,509 |
Oil and natural gas properties |  | 509,954 | [6] | 63,591 | [7]
Oil and natural gas properties |  | 17,096 |  |  |
Acquisition receivable | [8] | 37,806 |  |  |
Total Assets acquired |  | 564,856 |  | 63,695 |
Accounts payable and accrued expenses |  | (71,947) | [9] | (7,965) | [10]
Asset retirement obligation, long-term |  | (2,328) |  | (221) |
Total Liabilities acquired |  | $ (74,275) |  | (8,186) |
Deposits on oil and natural gas properties | [11] |  |  | 6,000 |
Prepaid expenses, third-party JIB receivable, and other |  |  |  | $ 104 |
[1] | Includes customary purchase price adjustments.
[2] | Includes the final settlement statement payment of $0.3 million from NRO to the Company.
[3] | Represents approximately 3.7 million shares of Common Stock issued to Bayswater.
[4] | Represents transaction costs associated with the Bayswater Acquisition, which have been capitalized in accordance with ASC 805.
[5] | Represents transaction costs associated with the NRO Acquisition which have been capitalized in accordance with ASC 805.
[6] | Includes the asset retirement obligation asset associated with the proved oil and natural gas properties.
[7] | Includes the asset retirement obligation asset associated with the proved oil and natural gas properties.
[8] | Represents February 1 through March 25, 2025 revenue, net of operating expenses, due to the Company from Bayswater at final settlement.
[9] | Represents the amounts associated with the assets acquired in the Bayswater Acquisition unpaid at the closing date and primarily relates to ad valorem tax liabilities of $27.1 million and suspended revenues of $44.8 million.
[10] | Represents the amounts associated with the assets acquired in the NRO Acquisition unpaid at the closing date and primarily relates to ad valorem tax liabilities of $6.6 million and suspended revenues of $1.2 million.
[11] | Represents the Deposit paid by the Company to NRO.

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