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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
CASH PROVIDED BY OPERATIONS:    
Net earnings $ 7,129 $ 13,193
Adjustments to reconcile net earnings to net cash from operating activities -    
Depreciation, depletion and amortization 18,086 18,443
Property sales (gains) oil and gas 0 (2,198)
Property sales (gains) other (522) (297)
Dry hole costs incurred 803 1,028
Impairment of oil and gas properties 1,191 572
Provision for doubtful accounts (25) (123)
Deferred income taxes (1,151) (2,455)
Net change in fair value contracts 158 405
Decrease (increase) in accounts receivable 48,822 17,933
Decrease (increase) in inventories (1,334) 4,292
Decrease (increase) in income tax receivable 970 1,136
Decrease (increase) in prepayments 3,790 8,346
Increase (decrease) in accounts payable (58,594) (6,210)
Increase (decrease) in accrued liabilities 5,122 4,393
Other changes, net (884) (999)
Net cash provided by operating activities 23,561 57,459
INVESTING ACTIVITIES:    
Property and equipment additions (6,347) (22,655)
Insurance and state collateral (deposits) refunds (39) (467)
Proceeds from property sales 660 5,149
Net cash (used in) investing activities (5,726) (17,973)
FINANCING ACTIVITIES    
Dividend payments (2,784) (2,784)
Net cash (used in) financing activities (2,784) (2,784)
Increase (decrease) in cash and cash equivalents 15,051 36,702
Cash and cash equivalents at beginning of period 80,184 60,733
Cash and cash equivalents at end of period $ 95,235 $ 97,435