In January 2018, we closed the acquisition of properties from Bayswater Exploration and Production LLC (the "Bayswater Asset Acquisition") for approximately $200.0 million in cash, after post-closing adjustments, including $21.0 million deposited into an escrow account in 2017. The $21.0 million deposit was included in other assets on our December 31, 2017 consolidated balance sheet. We acquired approximately 7,400 net acres, approximately 220 gross drilling locations and 24 operated horizontal wells that were either DUCs or in-process wells at the time of closing.
The final purchase price and allocation of the assets acquired and the liabilities assumed in the acquisition are presented below. Adjustments made subsequent to the preliminary purchase price stem from final settlement of the proceeds from operating activities and additional information we obtained about facts and circumstances that existed at the acquisition date that impact the underlying value of certain assets acquired and liabilities assumed. Such adjustments primarily relate to sales, operating expenses and capital costs from the effective date through closing.
The details of the final purchase price and allocation of the purchase price for the transaction, are presented below (in thousands):