b'KOSMOS ENERGY LTD.Notes to Consolidated Financial Statements (Continued)3. Acquisitions and Divestitures (Continued)(iii) future commodity prices, (iv) future plugging and abandonment costs, (v) estimated future cashflows, and (vi) a market-based weighted average cost of capital rate.Purchase PriceAllocation(in thousands)Fair value of assets acquired:Proved oil and gas properties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,037,511Unproved oil and gas properties . . . . . . . . . . . . . . . . . . . . . . . . . . 298,159Accounts receivable and other . . . . . . . . . . . . . . . . . . . . . . . . . . . . 180,989Total assets acquired . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,516,659Fair value of liabilities assumed:Accrued liabilities and other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 126,530Asset retirement obligations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 74,482Derivative liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40,265Total liabilities assumed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 241,277Purchase price:Cash consideration paid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 952,586Fair value of common stock(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 307,944Transaction related costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14,852Total purchase price . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,275,382(1) Based on 34,993,585 shares of common stock issued at a price of $8.80 per share, whichwas the opening Kosmos common stock price on September 14, 2018, the closing date ofthe acquisition.As a result of the DGE acquisition, we have included $147.6 million of revenues and $30.5 millionof direct operating expenses in our consolidated statements of operations for the period fromSeptember 14, 2018 to December 31, 2018.In October 2018, Kosmos entered into a strategic exploration alliance with Shell ExplorationCompany B.V. (Shell) to jointly explore in Southern West Africa. Initially the alliance will focus onNamibia where Kosmos has completed a farm-in to Shells acreage in PEL 39, and Sao Tome andPrincipe where we have entered into exclusive negotiations for Shell to take an interest in Kosmosacreage in Blocks 5, 6, 11, and 12. As part of the alliance, the two companies will also jointly evaluateopportunities in adjacent geographies. This alliance is consistent with Kosmos strategy of partneringwith supermajors to leverage complementary skill sets. Shell has deep expertise in carbonate plays,while Kosmos brings significant knowledge of the Cretaceous in West Africa. Furthermore, by workingwith Shell, Kosmos has a partner with the expertise to efficiently move exploration successes throughthe development stage.2017 TransactionsIn December 2016, we announced transactions with affiliates of BP in Mauritania and Senegalfollowing a competitive farm-out process for our interests in our blocks offshore Mauritania and119'