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Business Combinations - Purchase price was allocated to the assets acquired and liabilities assumed at estimated fair values (Details) (Acquisition of TBO Oil &amp; Gas, LLC, USD $) | Dec. 31, 2012
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Acquisition of TBO Oil &amp; Gas, LLC |
Proved oil and gas properties | $ 1,202,013
Accounts receivable | 74,623
Total assets acquired | 1,276,636
Accounts payable | (45,876)
Asset retirement obligations assumed | (80,760)
Net purchase price | $ 1,150,000

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- Definition The total cost of the acquired entity including the cash paid to shareholders of acquired entities, fair value of debt and equity securities issued to shareholders of acquired entities, the fair value of the liabilities assumed, and direct costs of the acquisition. + References No definition available. + Details
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- Definition The total purchase price of the acquired entity. This includes cash paid to equity interest holders of the acquired entity, fair value of debt and equity securities issued to equity holders of the acquired entity, and transaction costs paid to third parties to consummate the acquisition. + References No definition available. + Details
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- Definition The amount of acquisition cost of a business combination allocated to receivables. + References No definition available. + Details
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- Definition The amount of acquisition cost of a business combination allocated to accounts payable of the acquired entity. + References No definition available. + Details
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- Definition The amount of acquisition cost of a business combination allocated to natural resources other than mineral rights in the mining industry. + References No definition available. + Details
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