Quarterly report pursuant to Section 13 or 15(d)

Acquisitions (Tables)

v3.8.0.1
Acquisitions (Tables)
 9 Months Ended
Sep. 30, 2017
Business Combinations [Abstract]  
Fair Value of Net Assets Acquired
The following table summarizes the estimated acquisition date fair values of the acquisition:
Evaluated oil and natural gas properties
$
137,368

Unevaluated oil and natural gas properties
509,359

Asset retirement obligations
(168
)
Net assets acquired
$
646,559


Unaudited Summary Pro Forma Financial Information
The following unaudited summary pro forma financial information for the periods presented is for illustrative purposes only and does not purport to represent what the Company’s results of operations would have been if the Ameredev Transaction, Plymouth Transaction and Big Star Transaction had occurred as presented, or to project the Company’s results of operations for any future periods:

Three Months Ended September 30,
 
Nine Months Ended September 30,

2017
(a) 
 
2016
(a) 
 
2017
(a) 
 
2016
(a) 
Revenues
$
84,614

 
 
$
67,544

 
 
$
251,313

 
 
$
168,618

 
Income (loss) from operations
31,426

 
 
20,644

 
 
90,076

 
 
(61,918
)
 
Income (loss) available to common stockholders
15,257

 
 
23,322

 
 
94,786

 
 
(80,690
)
 

 

 
 
 

 
 
 

 
 
 

 
Net income (loss) per common share:
 

 
 
 

 
 
 

 
 
 

 
Basic
$
0.08

 
 
$
0.13

 
 
$
0.47

 
 
$
(0.53
)
 
Diluted
$
0.08

 
 
$
0.13

 
 
$
0.47

 
 
$
(0.53
)
 

(a)
The pro forma financial information was prepared assuming the Ameredev Transaction occurred as of January 1, 2016 and the Plymouth Transaction and Big Star Transaction occurred as of January 1, 2015.