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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net income (loss) $ 729 $ (6,421)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation, depletion and amortization 7,889 5,505
Total gain on derivative contracts, net (4,460) (765)
Operating portion of net cash (paid) received in settlement of derivative contracts (586) 1,991
Stock-based compensation 1,311  
Accretion of asset retirement obligations 152 128
Deferred income taxes (38)  
Amortization of deferred financing costs 79 70
Changes in assets and liabilities:    
Decrease in accounts receivable 5,920 3,258
Increase in prepaid expenses and other current assets (214) (244)
Decrease in accounts payable and accrued expenses (1,710) (4,576)
Decrease in revenues and royalties payable (5,161) (2,904)
Increase (decrease) in advances 455 (11,234)
Net cash provided by (used in) operating activities 4,366 (15,192)
Cash flows from investing activities:    
Additions to oil and gas properties (4,168) (2,365)
Additions to office and other equipment   (20)
Net cash used in investing activities (4,168) (2,385)
Cash flows from financing activities:    
Repayments of borrowings (392)  
Deferred financing costs   (3)
Net cash used in financing activities (392) (3)
Net decrease in cash and cash equivalents (194) (17,580)
Cash at beginning of period 10,200 23,264
Cash at end of period 10,006 5,684
Cash paid for:    
Interest 147 142
Non-cash investing and financing activities:    
Asset retirement obligations 21 (8)
Accrued capital expenditures $ 1,575 $ 5,876