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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities    
Net income (loss) $ 35,929 $ (565,861)
Adjustments to reconcile net income (loss) to cash flows from operating activities    
Depletion, depreciation, and amortization 102,347 143,907
Write-down of oil and natural gas properties 0 735,400
Deferred income taxes 51,147 (318,055)
Stock-based compensation 8,941 4,122
Commodity derivatives expense (income) (34,975) 121,035
Receipt (payment) on settlements of commodity derivatives (38,707) 124,253
Gain on debt extinguishment 0 (107,269)
Debt issuance costs and discounts 3,344 14,072
Other, net (1,006) (1,743)
Changes in assets and liabilities, net of effects from acquisitions    
Accrued production receivable 21,114 (20,060)
Trade and other receivables (17,916) 17,568
Other current and long-term assets (10,225) (7,974)
Accounts payable and accrued liabilities (26,611) (71,830)
Oil and natural gas production payable (12,652) (3,624)
Other liabilities (3,522) (997)
Net cash provided by operating activities 77,208 62,944
Cash flows from investing activities    
Oil and natural gas capital expenditures (129,884) (126,302)
Acquisitions of oil and natural gas properties (89,208) (904)
Other (2,058) (314)
Net cash used in investing activities (221,150) (127,520)
Cash flows from financing activities    
Bank repayments (796,000) (994,000)
Bank borrowings 985,000 1,139,000
Interest payments on senior secured notes treated as a reduction of debt (25,139) 0
Repurchases of senior subordinated notes 0 (55,521)
Pipeline financing and capital lease debt repayments (13,728) (14,336)
Other (4,289) (10,834)
Net cash provided by financing activities 145,844 64,309
Net increase (decrease) in cash and cash equivalents 1,902 (267)
Cash and cash equivalents at beginning of period 1,606 2,812
Cash and cash equivalents at end of period $ 3,508 $ 2,545