Annual report pursuant to Section 13 and 15(d)

CRUDE OIL AND NATURAL GAS PROPERTIES - Fair Values of the Net Assets and Liabilities as of the Date of Acquisition (Details)

v3.20.4
CRUDE OIL AND NATURAL GAS PROPERTIES - Fair Values of the Net Assets and Liabilities as of the Date of Acquisition (Details) - USD ($)
$ / shares in Units, $ in Thousands, shares in Millions
Jul. 01, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Fair value of net assets:        
Proved oil and natural gas properties   $ 4,393,533 $ 4,178,605  
Asset retirement obligations   $ (19,181) $ (17,299) $ (12,501)
VEN Bakken LLC        
Fair value of net assets:        
Proved oil and natural gas properties $ 324,974      
Asset retirement cost 2,680      
Total assets acquired 327,654      
Asset retirement obligations (2,680)      
Derivative instruments (9,694)      
Net assets acquired 315,280      
Fair value of consideration paid for net assets:        
Cash consideration 174,912      
Issuance of common stock 11,708      
Unsecured VEN Bakken Note 128,660      
Total fair value of consideration transferred $ 315,280      
Asset acquisition, shares issued (in shares) 5.6      
Closing price of common stock at date of acquisition (in dollars per share) $ 2.09