Content analysis
?Positive | ||
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Legalese | ||
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H.S. freshman Avg
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New words:
appoint, appointed, Borgna, coupled, driven, felt, October, oversee, prudent, responsible, Rock, Round, trustee, turned, unamortized, undeveloped
Removed:
established
Financial report summary
?Management Discussion
- For accounting purposes, the acquisition of Citadel Exploration, LLC by the Company has been recorded as a reverse acquisition of a public company and recapitalization of Citadel Exploration, LLC based on the factors demonstrating that Citadel Exploration, LLC represents the accounting acquirer. The historic financial statements of Citadel Exploration, LLC and related entities, while historically presented as an LLC equity structure, have been retroactively presented as a corporation for comparability purposes.