| Schedule of fair value of acquired properties |
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Acquisition #1
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Acquisition #2
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September 1,
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September 3,
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2015
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2015
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(in thousands)
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Cash consideration
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$
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16,006
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$
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6,369
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Fair value of assets and liabilities acquired:
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Proved oil and natural gas properties
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7,731
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6,491
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Unproved oil and natural gas properties
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8,312
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—
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Total fair value of oil and natural gas properties acquired
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16,043
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6,491
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Asset retirement obligation
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(37)
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(122)
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Total fair value of net assets acquired
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$
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16,006
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$
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6,369
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