XML 17 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating activities - cash provided by (used in):    
Net income (loss) $ 47,493 $ (89,698)
Adjustments to reconcile net income (loss) to cash provided by operating activities:    
Depletion, depreciation and amortization 50,540 31,753
Unrealized loss on commodity derivatives 7,606 13,218
Deferred gain on sale of liquids gathering system (2,638) (2,638)
Stock compensation 8,810 851
Non-cash reorganization items, net   43,576
Amortization of deferred financing costs 2,727  
Other 209 172
Net changes in operating assets and liabilities:    
Accounts receivable 12,561 14,680
Other current assets 2,485 203
Other non-current assets 30  
Accounts payable (5,263) 22,968
Accrued liabilities (7,486) 38,691
Production taxes payable 23,622 18,512
Interest payable 17,172 85,339
Other long-term obligations (12,708) (8,292)
Income taxes payable/receivable 6,836 2,099
Net cash provided by operating activities 151,996 171,434
Investing Activities - cash provided by (used in):    
Oil and gas property expenditures (134,500) (89,360)
Change in capital cost accrual (8,079) (919)
Inventory (5,074) (2,302)
Purchase of capital assets (1,196) (234)
Net cash used in investing activities (148,849) (92,815)
Financing activities - cash provided by (used in):    
Repurchased shares/net share settlements (2,061) (44)
Net cash used in financing activities (2,061) (44)
Increase in cash during the period 1,086 78,575
Cash, cash equivalents, and restricted cash, beginning of period 18,269 405,049
Cash, cash equivalents and restricted cash, end of period 19,355 $ 483,624
Credit Agreement    
Financing activities - cash provided by (used in):    
Borrowings under Credit Agreement 191,000  
Payments under Credit Agreement $ (191,000)