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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Operating activities:    
Net (loss) income $ (63,783) $ 16,041
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation, depletion, amortization and accretion 129,034 102,660
Share-based compensation 6,374 7,259
Amortization and write-off of debt issuance costs 3,445 5,714
Derivative gain, net (5,702) (41,560)
Derivative cash receipts (settlements), net 6,165 (6,123)
Deferred income (benefit) taxes (8,136) 14,647
Changes in operating assets and liabilities:    
Accounts receivable (2,557) 15,575
Prepaid expenses and other current assets (3,242) 25,550
Accounts payable, accrued liabilities and other 22,602 (35,183)
Asset retirement obligation settlements (20,344) (24,918)
Net cash provided by operating activities 63,856 79,662
Investing activities:    
Investment in oil and natural gas properties and equipment (23,233) (29,674)
Acquisition of property interests (80,635) (28,863)
Deposit related to acquisition of property interests   (8,850)
Purchase of corporate aircraft   (8,983)
Purchases of furniture, fixtures and other (166) (3,081)
Net cash used in investing activities (104,034) (79,451)
Financing activities:    
Proceeds from issuance of 11.75% Notes Senior Second Lien Notes   275,000
Repayment of 9.75% Second Senior Lien Notes   (552,460)
Repayments of Term Loan   (26,329)
Repayments of TVPX Loan (825) (458)
Debt issuance costs (579) (7,380)
Payment of dividends (4,427)  
Other (785) (948)
Net cash used in financing activities (6,616) (312,575)
Change in cash, cash equivalents and restricted cash (46,794) (312,364)
Cash, cash equivalents and restricted cash, beginning of year 177,755 465,774
Cash, cash equivalents and restricted cash, end of period $ 130,961 $ 153,410