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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
1 Months Ended 2 Months Ended 3 Months Ended
Feb. 08, 2019
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:      
Net income (loss)   $ 737  
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Deferred tax expense   0  
Depreciation, depletion and amortization   2,282  
Accretion of asset retirement obligation   23  
Share-based compensation expense   366  
Amortization costs and other   253  
Non-cash interest expense on PIK Notes   1,111  
Payments to settle asset retirement obligations   (19)  
Non-cash reorganization items, net   0  
Changes in working capital accounts:      
Revenue receivable   9,848  
Joint interest billing receivable   2,616  
Accounts payable and accrued liabilities   (15,872)  
Advances from co-owners   384  
Refund of (Deposit for) surety bonds   3,475  
Other   (1,123)  
Net cash provided by (used in) operating activities   4,081  
Cash flows used in investing activities:      
Investment in oil and gas properties   (4,075)  
Investment in other property and equipment   0  
Sale of oil and gas properties   0  
Sale of unevaluated oil and gas properties   0  
Net cash used in investing activities   (4,075)  
Cash flows provided by financing activities:      
Net proceeds from share based compensation   0  
Deferred financing costs   0  
Costs incurred to redeem 2021 Notes   0  
Net cash provided by financing activities   0  
Net increase (decrease) in cash and cash equivalents   6  
Cash, restricted cash and cash equivalents, beginning of period   28,748  
Cash, restricted cash and cash equivalents, end of period $ 28,748 28,754  
Cash paid during the period for:      
Interest, net of capitalized interest   0  
Reorganization items, net   5  
Predecessor      
Cash flows from operating activities:      
Net income (loss) 261,727   $ (927)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Deferred tax expense 241   106
Depreciation, depletion and amortization 1,796   6,505
Accretion of asset retirement obligation 17   198
Share-based compensation expense 44   340
Amortization costs and other 555   211
Non-cash interest expense on PIK Notes 0   2,961
Payments to settle asset retirement obligations (11)   (3)
Non-cash reorganization items, net (267,585)   0
Changes in working capital accounts:      
Revenue receivable (7,340)   7,493
Joint interest billing receivable (2,192)   3,016
Accounts payable and accrued liabilities 8,363   (11,583)
Advances from co-owners 1,343   (549)
Refund of (Deposit for) surety bonds 0   (2,800)
Other 2,336   112
Net cash provided by (used in) operating activities (706)   5,080
Cash flows used in investing activities:      
Investment in oil and gas properties (5,290)   (5,810)
Investment in other property and equipment (36)   (98)
Sale of oil and gas properties 0   (2,405)
Sale of unevaluated oil and gas properties 0   1,750
Net cash used in investing activities (5,326)   (6,563)
Cash flows provided by financing activities:      
Net proceeds from share based compensation 0   43
Deferred financing costs (111)   (26)
Costs incurred to redeem 2021 Notes 0   (11)
Net cash provided by financing activities (111)   6
Net increase (decrease) in cash and cash equivalents (6,143)   (1,477)
Cash, restricted cash and cash equivalents, beginning of period 34,891 $ 28,748 15,655
Cash, restricted cash and cash equivalents, end of period 28,748   14,178
Cash paid during the period for:      
Interest, net of capitalized interest 929   1,368
Reorganization items, net $ 4,784   $ 0