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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net loss $ (116,655) $ (28,834) $ (19,875)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:      
Depreciation, depletion, and amortization 31,228 18,414 17,111
Impairment of proved and unproved oil and gas properties 138,086 19,359 12,298
Impairment of goodwill 1,547    
Unrealized (gain) loss on derivative contracts (125) (3,614) 45
Dry hole costs     2,096
(Gain) loss on sales of oil and gas properties (1,617)   121
Accretion of asset retirement obligations 550 317 217
Deferred income taxes (26,533) 22,105  
Amortization of deferred financing costs 264 164 103
Settlement of asset retirement obligations (108) (56)  
Changes in assets and liabilities:      
Decrease (increase) in accounts receivable 9,246 (5,305) (12,141)
Decrease (increase) in prepaid expenses and other 779 (194) (81)
(Decrease) increase in accounts payable and accrued expenses (30,887) 28,408 2,171
(Decrease) increase in revenue and royalties payable (8,739) 7,099 9,698
(Decrease) increase in advances (5,929) 17,925 3,520
Net cash (used in) provided by operating activities (10,440) 75,788 15,283
Cash flows from investing activities:      
Acquisitions of oil and gas property (8,706) (18,772) (86,687)
Additions to oil and gas property and equipment (61,060) (83,041) (31,162)
Additions to other property and equipment (378) (1,385) (678)
Reverse acquisition with Oak Valley, net of cash   (4,239)  
Insurance proceeds     923
Proceeds from sales of oil and gas properties 3,441   488
Proceeds from sale of land 101    
Net cash used in investing activities (66,602) (107,437) (117,116)
Cash flows from financing activities:      
Issuance of long-term debt   11,191  
Reduction of long-term debt   (10,825)  
Deferred financing costs (141) (613) (425)
Contributions, net of issuance costs   106,920 107,530
Net cash (used in) provided by financing activities (141) 106,673 107,105
Net (decrease) increase in cash and cash equivalents (77,183) 75,024 5,272
Cash and cash equivalents at beginning of period 100,447 25,423 20,151
Cash and cash equivalents at end of period 23,264 100,447 25,423
Cash paid for:      
Interest 415 493 375
Non-cash investing and financing activities:      
Asset retirement obligations 150 237 1,033
Acquisitions of oil and gas properties 1,991    
Stock issued for 2014 Eagle Ford Acquisition Properties   56,425  
Proved And Unproved Property      
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:      
Impairment of proved and unproved oil and gas properties $ 136,539 $ 19,359 $ 12,298