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Statements of Combined Consolidated Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:      
Net income (loss) $ (36,521) $ (386) $ 8,231
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Provision for deferred income taxes 54,903 0 0
Asset retirement obligation accretion expense 98 65 38
Depreciation, depletion, and amortization 26,273 16,104 8,145
Amortization of debt issuance costs 494 250 163
(Gain) loss on derivative instruments (2,617) 13,009 148
Loss from equity investment 67 0 0
Equity-based compensation expense 3,482 544 0
Gain on sale of assets (37) (23) (5)
Changes in operating assets and liabilities:      
Accounts receivable (5,036) (1,547) (1,822)
Accounts receivable-related party 6,096 (4,133) (6,793)
Inventories (639) (872) (4,897)
Prepaid expenses and other (606) (202) (326)
Accounts payable and accrued liabilities 7,151 2,656 1,954
Accounts payable and accrued liabilities-related party (1,218) 830 (409)
Revenues and royalties payable 105 2,666 499
Revenues and royalties payable-related party (2,303) 2,037 266
Net cash provided by operating activities 49,692 30,998 5,192
Cash flows from investing activities:      
Additions to oil and natural gas properties (102,122) (58,160) (7,624)
Additions to oil and natural gas properties-related party (9,675) (22,014) (36,950)
Acquisition of Gulfport properties (63,590) 0 0
Proceeds from sale of oil and natural gas properties 0 0 1,250
Purchase of other property and equipment (1,102) (7,065) (11,741)
Proceeds from sale of property and equipment 48 55 20
Settlement of non-hedge derivative instruments (8,963) (4,127) (3,963)
Receipt on derivative margins 2,326 4,203 3,772
Deconsolidation of Bison 0 (10) 0
Proceeds from sale of membership interest in equity investment 0 6,010 0
Net cash used in investing activities (183,078) (81,108) (55,236)
Cash flows from financing activities:      
Proceeds from borrowings on credit facility 15,000 40,233 61,066
Repayment on credit facility (100,000) 0 (23,950)
Proceeds from note payable- related party 30,000 0 0
Payment of note payable- related party (30,050) 0 0
Debt issuance costs (450) (770) (718)
Initial public offering costs (2,887) (30) 0
Proceeds from initial public offering 237,164 0 0
Contributions by members 4,008 13,517 20,914
Distributions to members 0 0 (5,579)
Net cash provided by financing activities 152,785 52,950 51,733
Net increase in cash and cash equivalents 19,399 2,840 1,689
Cash and cash equivalents at beginning of period 6,959 4,119 2,430
Cash and cash equivalents at end of period 26,358 6,959 4,119
Supplemental disclosure of cash flow information:      
Interest paid, net of capitalized interest 3,017 2,265 600
Supplemental disclosure of non-cash transactions:      
Asset retirement obligation incurred, including changes in estimate 386 297 223
Distribution of equity method investments 10,504 0 0
Note payable exchanged for equipment 411 0 0
Property Contributed 0 0 7,594
Common stock issued as a result of the Gulfport transaction 138,496 0 0
Asset retirement obligation acquired as a result of the Gulfport transaction 562 0 0
Post-closing adjustment payable as a result of the Gulfport transaction $ 18,550 $ 0 $ 0