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BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended
Sep. 30, 2019
Accounting Policies [Abstract]  
Reconciliation of denominators used to calculate basic and diluted EPS
The reconciliation of the denominators used to calculate basic EPS and diluted EPS for the three and nine months ended September 30, 2019 and 2018 are as follows:

 Three Months Ended
September 30,
Nine Months Ended
September 30,
(In thousands, except share and per share data)2019201820192018
Net Income (Loss)$94,381  $18,979  $31,619  $(74,603) 
Weighted Average Common Shares Outstanding:
Weighted Average Common Shares Outstanding – Basic396,044,887  300,517,497  382,044,068  188,152,998  
Plus: Potentially Dilutive Common Shares Including Stock Options and Restricted Stock485,880  1,237,922  700,236  —  
Weighted Average Common Shares Outstanding – Diluted396,530,767  301,755,419  382,744,304  188,152,998  
Net Income (Loss) per Common Share:
Basic$0.24  $0.06  $0.08  $(0.40) 
Diluted$0.24  $0.06  $0.08  $(0.40) 
Shares underlying Restricted Stock Awards and Stock Options Excluded from EPS Due to Anti-Dilutive Effect88,209—  40,330617,429
Supplemental cash flow activity
The following reflects the Company’s supplemental cash flow information:

Nine Months Ended September 30,
(In thousands)20192018
Supplemental Cash Items:
Cash Paid During the Period for Interest$52,916  $55,849  
Non-cash Operating Activities:
Contingent Consideration Settlements in excess of acquisition-date liabilities18,480  —  
Non-cash Investing Activities:
Oil and Natural Gas Properties Included in Accounts Payable and Accrued Liabilities178,772  108,216  
Capitalized Asset Retirement Obligations3,703  1,644  
Compensation Capitalized on Oil and Gas Properties296  250  
Issuance of Common Stock - Acquisitions of Oil and Natural Gas Properties11,708  105,517  
Issuance of VEN Bakken Note128,660  —  
Non-cash Financing Activities:
Exchange transactions - non-cash securities issued:
Issuance of 8.50% Second Lien Notes due 2023
—  344,279  
Issuance of Common Stock - fair value at issuance date—  326,783  
Debt Exchange Derivative Liability - fair value at issuance date—  19,354  
Issuance of 8.50% Second Lien Notes due 2023 - PIK Interest
3,480  —  
Debt Exchange Derivative Liability Settlements15,735  —  
Contingent Consideration Settlements17,822  —  
Exchange Transactions - non-cash securities exchanged:
8.00% Unsecured Senior Notes due 2020 - carrying value
—  (590,041)