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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
CASH PROVIDED BY OPERATIONS:    
Net earnings $ 9,338 $ 14,345
Adjustments to reconcile net earnings to net cash from operating activities -    
Depreciation, depletion and amortization 12,215 10,921
Property sale (gains) (55) (84)
Dry hole costs incurred 957 105
Impairment of oil and gas properties 405 242
Provision for doubtful accounts 0 36
Deferred income taxes (2,196) 1,352
Net change in fair value contracts 331 2
Decrease (increase) in accounts receivable (35,343) (20,185)
Decrease (increase) in inventories (8,596) 5,302
Decrease (increase) in income tax receivable (837) (891)
Decrease (increase) in prepayments (4,535) (739)
Increase (decrease) in accounts payable 28,180 (10,086)
Increase (decrease) in accrued liabilities 2,037 3,328
Other changes, net (301) 339
Net cash provided by operating activities 1,600 3,987
INVESTING ACTIVITIES:    
Property and equipment additions (12,089) (16,298)
Insurance and state collateral (deposits) refunds (445) (17)
Proceeds from property sales 55 231
Net cash (used in) investing activities (12,479) (16,084)
FINANCING ACTIVITIES:    
Dividend payments (1,856) (928)
Net cash (used in) financing activities (1,856) (928)
Increase (decrease) in cash and cash equivalents (12,735) (13,025)
Cash and cash equivalents at beginning of period 60,733 47,239
Cash and cash equivalents at end of period $ 47,998 $ 34,214