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v3.22.2.2

SUMMARY OF AMOUNTS INCURRED FOR ASSETS ACQUIRED (Details) - USD ($) $ in Thousands |  |  | 3 Months Ended
--- | --- | --- | ---
Jul. 27, 2022 | Jan. 05, 2022 | Mar. 31, 2022
Business Acquisition [Line Items] |  |  |
Value of 19,905,736 shares issued |  |  | $ 64,694
Etx Energy LLC [Member] |  |  |
Business Acquisition [Line Items] |  |  |
Cash | $ 11,875 |  |
Value of 19,905,736 shares issued |  |  |
Purchase price adjustments | (1,041) |  |
Transaction costs | 57 |  |
Total consideration paid | 10,891 |  |
Suspense accounts assumed | 343 |  |
Asset retirement obligations assumed | 1,689 |  |
Total liabilities assumed | 2,032 |  |
Total consideration paid and liabilities assumed | 12,923 |  |
Proved oil and gas properties | $ 12,923 |  |
Sellers [Member] |  |  |
Business Acquisition [Line Items] |  |  |
Cash |  | $ 1,250 |
Value of 19,905,736 shares issued |  | 64,694 |
Purchase price adjustments |  | 1,497 |
Transaction costs |  | 1,267 |
Total consideration paid |  | 68,708 |
Suspense accounts assumed |  | 1,276 |
Asset retirement obligations assumed |  | 9,855 |
Total liabilities assumed |  | 20,190 |
Total consideration paid and liabilities assumed |  | 88,898 |
Proved oil and gas properties |  | 87,278 |
Debt assumed |  | 3,347 |
Commodity derivative liabilities assumed |  | 3,152 |
Employee obligations assumed |  | 100 |
Deferred tax liabilities |  | 2,460 |
Oil inventory in tanks |  | 1,286 |
Vehicles |  | 165 |
Deposit account |  | 169 |
Total allocation to acquired assets |  | $ 88,898 |

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