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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net loss $ (5,948) $ (7,533)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Deferred tax expense (benefit) 144 (274)
Depreciation, depletion and amortization 18,014 21,753
Accretion of asset retirement obligation 282 1,671
Share-based compensation expense 852 1,181
Amortization costs and other 900 561
Non-cash interest expense on PIK Notes 2,961 16,973
Payments to settle asset retirement obligations (503) (2,277)
Changes in working capital accounts:    
Revenue receivable 8,526 198
Joint interest billing receivable 4,834 1,935
Accounts payable and accrued liabilities (21,651) 2,292
Advances from co-owners (1,267) 424
Deposit for surety bonds (4,400) 0
Other (879) (1,576)
Net cash provided by operating activities 1,865 35,328
Cash flows used in investing activities:    
Investment in oil and gas properties (14,727) (44,941)
Investment in other property and equipment 30 (52)
Sale of oil and gas properties (2,328) 2,207
Sale of unevaluated oil and gas properties 5,303 0
Net cash used in investing activities (11,722) (42,786)
Cash flows provided by (used in) financing activities:    
Net proceeds from share based compensation 43 16
Deferred financing costs (330) (156)
Redemption of 2017 Notes 0 (22,650)
Costs incurred to redeem 2021 Notes (11) 0
Proceeds from borrowings 52,500 20,000
Repayment of borrowings (32,500) 0
Net cash provided by (used in) financing activities 19,702 (2,790)
Net increase (decrease) in cash and cash equivalents 9,845 (10,248)
Cash and cash equivalents, beginning of period 15,655 28,312
Cash and cash equivalents, end of period 25,500 18,064
Cash paid during the period for:    
Interest 4,283 5,717
Income taxes $ 38 $ (95)