Related Party Transactions
|9 Months Ended|
Sep. 30, 2018
|Related Party Transactions|
|Related Party Transactions||
13. Related Party Transactions
During 2017, the Company entered into an arrangement with EcoStim Energy Solutions, Inc. (“EcoStim”) for well stimulation and completion services. EcoStim is an affiliate of Fir Tree Inc. who is a holder of the Company’s outstanding common stock. The Company had $2.1 million included in accounts payable in the Company's consolidated balance sheets at December 31, 2017, to EcoStim that was paid during the nine months ended September 30, 2018. For the three and nine months ended September 30, 2017, the Company paid approximately $5.9 million and $7.3 million, respectively, to EcoStim Energy Solutions, Inc. for services provided.
The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.
Reference 1: http://www.xbrl.org/2003/role/presentationRef