| Condensed aggregate financial information |
|
|
|
|
|
|
|
|
Combined |
|
|
|
Ichor |
|
|
Elysium |
|
|
Totals |
|
Liabilities assumed |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Long term debt |
|
$ |
50,467,725 |
|
|
$ |
29,065,540 |
|
|
$ |
79,533,265 |
|
Derivative liability - hedge contracts |
|
|
11,394,674 |
|
|
|
5,617,359 |
|
|
|
17,012,033 |
|
Accounts payable |
|
|
2,723,855 |
|
|
|
6,766,200 |
|
|
|
9,490,055 |
|
Undistributed revenues |
|
|
2,649,830 |
|
|
|
1,182,282 |
|
|
|
3,832,112 |
|
Asset retirement obligations |
|
|
2,002,178 |
|
|
|
2,530,666 |
|
|
|
4,532,844 |
|
Accrued expenses |
|
|
96,115 |
|
|
|
488,563 |
|
|
|
584,678 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
69,334,377 |
|
|
|
45,650,610 |
|
|
|
114,984,987 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Assets assumed |
|
|
|
|
|
|
|
|
|
|
|
|
Oil and gas properties, full cost method |
|
|
55,920,606 |
|
|
|
24,861,447 |
|
|
|
80,782,053 |
|
Accounts receivable |
|
|
4,146,858 |
|
|
|
5,525,485 |
|
|
|
9,672,343 |
|
Cash and equivalent |
|
|
3,448,979 |
|
|
|
1,576,912 |
|
|
|
5,025,891 |
|
Other assets |
|
|
- |
|
|
|
47,596 |
|
|
|
47,596 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
63,516,443 |
|
|
|
32,011,440 |
|
|
|
95,527,883 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gain on disposition |
|
$ |
5,817,934 |
|
|
$ |
13,639,170 |
|
|
$ |
19,457,104 |
|
|