|
The following table reconciles the initial investment by Juniper and the carrying value of their Noncontrolling interest as of the Juniper Closing Date (after post-closing adjustments):
|
|
|
|
|
|
|
|
|
| Cash contribution |
|
$ |
150,000 |
|
| Issue costs paid for Noncontrolling interest securities |
|
(3,758) |
|
| Transaction costs paid on behalf of Noncontrolling interest |
|
(5,543) |
|
| Fair value of Rocky Creek oil and gas properties contributed |
|
38,561 |
|
| Revenues received attributable to contributed properties |
|
1,160 |
|
| Suspense revenues attributable to the contributed properties |
|
(146) |
|
| Asset retirement obligations of the contributed properties |
|
(14) |
|
| Fair value of capital contributions |
|
180,260 |
|
| Income tax adjustment attributable to the Juniper Transactions |
|
(708) |
|
| Total shareholders’ equity prior to the Juniper Closing Date |
|
205,558 |
|
|
|
$ |
385,110 |
|
| Juniper voting power through Series A Preferred Stock |
|
59.6 |
% |
| Noncontrolling interest as of the Juniper Closing Date |
|
$ |
229,620 |
|
|
|
|
|
|
|
|
|
|
|