Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Oil and Gas Property Acquisitions and Divestiture (Tables)

v3.19.3
Note 7 - Oil and Gas Property Acquisitions and Divestiture (Tables)
9 Months Ended
Sep. 30, 2019
Notes Tables  
Payments Made Related to Oil and Gas Property Asset Purchase [Table Text Block]
Cash paid to seller at close date:
       
Cash on hand
  $
7,569
 
Performance deposit previously funded
   
10,000
 
Cash funded by the Credit Agreement (increase in long-term debt)
   
150,000
 
Total - cash paid to seller
  $
167,569
 
Oil and Gas, Amounts for Asset (Liability) Recognized in Statement of Financial Position [Table Text Block]
   
August 30, 2019 (Close Date)
 
Oil and natural gas properties and other, net - at cost:
  $
191,450
 
Other assets
   
4,838
 
         
Current liabilities
   
2,819
 
Asset retirement obligations
   
21,619
 
Other liabilities    
4,132