(a) Financial Statements of Businesses Acquired

Audited consolidated balance sheets of Emerald Oil as of June 30, 2011 and 2012 and the related consolidated statements of operations, stockholders' equity and cash flows for the period from inception (April 13, 2011) through June 30, 2011 and for the year ended June 30, 2012 and the related notes are filed herewith as Exhibit 99.1 and incorporated herein by reference.

(b) Pro Forma Financial Information

Unaudited pro forma condensed balance sheet based on the historical balance sheets of the Company and Emerald Oil, giving effect to the Company's acquisition of Emerald Oil as if the transaction had occurred on June 30, 2012 and unaudited pro forma condensed combined statements of operations for the year ended December 31, 2011 and the six months ended June 30, 2012, based on the historical statements of operations of the Company's and Emerald Oil's, giving effect to the Company's acquisition of Emerald Oil as if the transaction had occurred on January 1, 2011, are filed herewith as Exhibit 99.2 and incorporated herein by reference.

(d) Exhibits

The following exhibits are filed in accordance with the provisions of Item 601 of Regulation S-K:

Exhibit Exhibit Description

23.1    Consent of BDO USA, LLP.

99.1    Audited consolidated balance sheets of Emerald Oil as of June 30, 2011 and
        2012 and the related consolidated statements of operations, stockholders'
        equity and cash flows for the period from inception (April 13, 2011)
        through June 30, 2011 and for the year ended June 30, 2012 and the related
        notes.

99.2    Unaudited pro forma condensed balance sheet based on the historical
        balance sheets of the Company and Emerald Oil, and unaudited pro forma
        condensed combined statements of operations for the year ended
        December 31, 2011 and the six months ended June 30, 2012, and the related
        notes showing the pro forma effects of the Emerald Oil acquisition.