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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
1 Months Ended 8 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 12, 2016
Sep. 30, 2015
Cash flows from operating activities      
Net income (loss) $ (3,441,000) $ 1,054,602,000 $ (111,394,000)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Non-Cash Reorganization Items 0 (1,178,302,000) 0
Depreciation, depletion and amortization 2,029,000 33,582,000 253,056,000
Asset Impairment Charges 0 0 1,084,000
Accretion of firm transportation obligation 0 317,000 705,000
Derivative contracts:      
Net losses (gains) 4,369,000 8,333,000 (52,073,000)
Cash settlements, net 0 48,008,000 104,590,000
Deferred income tax expense 0 0 266,000
Gain on sales of assets, net 0 (1,261,000) (50,803,000)
Non-cash exploration expense 0 6,038,000 4,903,000
Non-cash interest expense 38,000 22,189,000 3,504,000
Share-based compensation (equity-classified) 0 1,511,000 3,369,000
Other, net 0 (13,000) (17,000)
Changes in operating assets and liabilities, net 585,000 35,243,000 5,051,000
Net cash provided by operating activities 3,580,000 30,247,000 162,241,000
Cash flows from investing activities      
Capital expenditures 0 (15,359,000) (324,876,000)
Proceeds from sales of assets, net 0 224,000 73,670,000
Other Investing Activities, Net 0 1,186,000 0
Net cash used in investing activities 0 (13,949,000) (251,206,000)
Cash flows from financing activities      
Proceeds from revolving credit facility borrowings 0 75,350,000 203,000,000
Repayment of revolving credit facility borrowings (21,000,000) (119,121,000) (98,000,000)
Payments of Debt Issuance Costs 0 (3,011,000) (744,000)
Rights Offering, Rights Offering Amount   49,943,000  
Dividends paid on preferred stock 0 0 (18,201,000)
Net cash (used in) provided by financing activities (21,000,000) 3,161,000 86,055,000
Net (decrease) increase in cash and cash equivalents (17,420,000) 19,459,000 (2,910,000)
Cash and cash equivalents – beginning of period 31,414,000 11,955,000 6,252,000
Cash paid for:      
Interest 0 4,331,000 47,489,000
Income taxes paid (refunds received) 0 (35,000) 7,000
Payments for Restructuring 0 30,990,000 0
Common Stock Issued in Exchange for Liabilities 0 140,952,000 0
Non-cash Investing activities:      
Changes in accrued liabilities related to capital expenditures 0 (11,301,000) (41,800,000)
Derivatives Settled to Pay Down Revolver $ 0 $ 51,979,000 $ 0