Viceroy Petroleum LP entered into an agreement to acquire Allen Dome and the Blue Ridge Fields from Global Energy Ventures Ltd. (ASX:GEV) for $0.34 million on December 30, 2017. The purchase involves 30% stake in Allen Dome and 25% stake in Blue Ridge Fields. The consideration involves earn out consideration of $0.2 million to be made in two payments of $0.1 million with first payment to made on or before March 1, 2018 and second payment to made on or before June 1, 2018. Post-acquisition, Viceroy Petroleum LP will own 100% stake in Allen Dome and the Blue Ridge Fields.