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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2020
Sep. 18, 2020
Sep. 30, 2019
Cash flows from operating activities      
Net income (loss) $ 2,758,000 $ (1,432,578,000) $ 193,880,000
Adjustments to reconcile net income (loss) to cash flows from operating activities      
Noncash reorganization items, net 0 810,909,000 0
Depletion, depreciation, and amortization 5,283,000 188,593,000 170,625,000
Write-down of oil and natural gas properties 0 996,658,000 0
Deferred income taxes 6,000 (408,869,000) 90,454,000
Stock-based compensation 0 4,111,000 9,866,000
Commodity derivatives expense (income) (4,035,000) (102,032,000) 15,462,000
Receipt on settlements of commodity derivatives 6,660,000 81,396,000 14,714,000
Gain on debt extinguishment 0 (18,994,000) (106,220,000)
Debt issuance costs and discounts 114,000 11,571,000 7,607,000
Other, net 589,000 439,000 (6,862,000)
Changes in assets and liabilities, net of effects from acquisitions      
Accrued production receivable 38,537,000 26,575,000 (1,428,000)
Trade and other receivables 1,366,000 (22,343,000) (147,000)
Other current and long-term assets 705,000 743,000 27,000
Accounts payable and accrued liabilities (7,980,000) (16,102,000) (33,167,000)
Oil and natural gas production payable (11,064,000) (6,792,000) (1,819,000)
Other liabilities (29,000) 123,000 (9,414,000)
Net cash provided by operating activities 32,910,000 113,408,000 343,578,000
Cash flows from investing activities      
Oil and natural gas capital expenditures (2,125,000) (99,582,000) (204,904,000)
Pipelines and plants capital expenditures (6,000) (11,601,000) (25,965,000)
Net proceeds from sales of oil and natural gas properties and equipment 880,000 41,322,000 10,494,000
Other (309,000) 12,747,000 5,797,000
Net cash used in investing activities (1,560,000) (57,114,000) (214,578,000)
Cash flows from financing activities      
Bank repayments (55,000,000) (551,000,000) (641,000,000)
Bank borrowings 0 691,000,000 691,000,000
Interest payments treated as a reduction of debt 0 (46,417,000) (59,808,000)
Cash paid in conjunction with debt repurchases 0 (14,171,000) 0
Cash paid in conjunction with debt exchange 0 0 (125,268,000)
Costs of debt financing 0 (12,482,000) (11,017,000)
Pipeline financing and capital lease debt repayments (54,000) (51,792,000) (10,279,000)
Other 0 (9,363,000) 5,470,000
Net cash provided by (used in) financing activities (55,054,000) 5,775,000 (150,902,000)
Net increase (decrease) in cash, cash equivalents, and restricted cash (23,704,000) 62,069,000 (21,902,000)
Cash, cash equivalents, and restricted cash at beginning of period 95,114,000 33,045,000 54,949,000
Cash, cash equivalents, and restricted cash at end of period $ 71,410,000 $ 95,114,000 $ 33,047,000