Statement of Cash Flows

12 Months Ended

Dec. 31, 2014

Supplemental Cash Flow Information [Abstract]

10.Statement of Cash Flows

During the year ended December 31, 2014, Sabine’s noncash investing and financing activities consisted primarily of the following transactions:

The Combination with Forest Oil. Refer to Note 6 for preliminary allocation of consideration transferred to net assets acquired.

Recognition of an asset retirement obligation for the plugging and abandonment costs related to Sabine O&G’s oil and natural gas properties valued at $0.7 million.

Accrued and payable capital expenditures as of December 31, 2014 were $140.6 million.

Accrued debt issuance costs as of December 31, 2014 were $0.5 million.

During the year ended December 31, 2013, Sabine’s noncash investing and financing activities consisted primarily of the following transactions:

Recognition of an asset retirement obligation for the plugging and abandonment costs related to Sabine’s oil and natural gas properties valued at $1.0 million.

Accrued and payable capital expenditures as of December 31, 2013 were $90.3 million.

During the year ended December 31, 2012, Sabine’s noncash investing and financing activities consisted primarily of the following transactions:

Recognition of an asset retirement obligation for the plugging and abandonment costs related to Sabine’s oil and natural gas properties valued at $1.9 million.

Accrued and payable capital expenditures as of December 31, 2012 were $25.9 million.

In-kind contribution of assets for an equity interest in Sabine of $178.0 million.