Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment (Tables)

v3.19.3
Property, Plant and Equipment (Tables)
 9 Months Ended
Sep. 30, 2019
Property, Plant and Equipment [Abstract]  
Summary of Property, Plant and Equipment Comprised of Fixed Assets and Oil and Gas Properties
Property, plant and equipment is comprised of fixed assets and oil and natural gas properties, as shown below (in thousands):
 
September 30, 2019
 
December 31, 2018
Land
$
13,808

 
$
13,276

Proved properties
141,898

 
101,459

Unproved properties
—

 
10,204

Wells in progress
324

 
4,660

Corporate and other
5,285

 
2,905

Total property, plant and equipment at cost
161,315

 
132,504

Accumulated DD&A
(15,601
)
 
(1,924
)
Total property, plant and equipment, net
$
145,714

 
$
130,580


Schedule of Disposition of Unproved Properties The remaining consideration of approximately $4.9 million (the “Future Proceeds”) will be received as follows:
 
Amount
 
Due Date
December future proceeds
$
3,705

 
On or before December 31, 2019
March future proceeds
1,235

 
On or before March 31, 2020
Total remaining consideration
$
4,940