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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ 37,927 $ 8,477
Adjustments to reconcile net income to net cash provided by operating activities-    
Depreciation, depletion and amortization 74,941 37,271
Unrealized (gain) loss on derivative instruments, net (20,265) 3,032
Accretion related to asset retirement obligations 348 145
Loss on extinguishment of debt 0 897
Stock-based compensation, net of amounts capitalized 5,532 10,655
Allowance for (recoveries of) doubtful accounts 41 (54)
Deferred income taxes 18,828 4,739
Amortization of debt discount and deferred financing costs, net of amounts capitalized 2,091 1,570
Other, net 2,387 4,058
Changes in operating assets and liabilities-    
Accounts receivable (31,279) (2,912)
Accounts payable 50,896 8,381
Accrued liabilities 6,244 3,876
Other, net (2,592) (6,013)
Net cash provided by operating activities 145,099 74,122
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (409,027) (219,179)
Increase in capital expenditure payables and accruals 823 12,464
Proceeds from sales of oil and gas properties, net 190,892 101,590
Advances to operators (431) (138)
Advances for joint operations (33,342) 12,368
Other, net (2,655) (221)
Net cash used in investing activities (253,740) (93,116)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from borrowings and issuances 539,540 346,000
Debt repayments (438,000) (298,660)
Payments of debt issuance and retirement costs (248) (8,419)
Proceeds from stock options exercised 6 47
Net cash provided by financing activities 101,298 38,968
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (7,343) 19,974
CASH AND CASH EQUIVALENTS, beginning of period 28,112 4,128
CASH AND CASH EQUIVALENTS, end of period $ 20,769 $ 24,102