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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Cash Flow From Operating Activities:    
Net loss $ (41,010) $ (5,027)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation, depletion, amortization and impairment 35,675 6,712
Amortization of debt issuance costs 646 1,215
Accretion of discount on asset retirement obligation 100 199
Impairment of debentures 3,787  
Change in fair value of derivative liability (295) (18)
Settlement of environmental liabilities   (11)
Dividend accrued for mandatorily redeemable preferred stock 211 298
Change in fair value of commodity derivatives   146
Change in deferred taxes (41)  
Change in working capital:    
Accounts receivable - oil and natural gas sales 845 1,592
Accounts receivable - other 962 $ 373
Accounts receivable - related party  
Prepaid expenses and other assets (4) $ 550
Accounts payable (176) $ (2,653)
Accounts payable - related party  
Restricted cash 19 $ (13)
Accrued expenses (102) 1,153
Net cash provided by operating activities 617 4,516
Cash Flow From Investing Activities:    
Additions to oil and natural gas properties (1,822) (16,259)
Interest received on debentures 106  
Additions to other property and equipment (22) (153)
Settlement of asset retirement obligations (36)  
Net cash used in investing activities (1,774) (16,412)
Cash Flow From Financing Activities:    
Proceeds from issuance of common stock, net of issuance costs   3,605
Proceeds from issuance of preferred stock, net of issuance costs   $ 7,068
Exercise of warrants  
Draws on line of credit 1,000 $ 9,000
Payments on line of credit (350) $ (5,000)
Proceeds from notes payable  
Payments on notes payable   $ (2,000)
Net cash provided by financing activities 650 12,673
Net change in cash and equivalents (507) 777
Cash at beginning of period 1,682 456
Cash at end of period $ 1,175 $ 1,233
Supplemental Disclosure of Cash Flow Information    
Cash paid during the period for interest  
Non-Cash Transactions    
Change in asset retirement obligation estimate   $ 8
Issuance of shares for debentures   541
Issuance of shares to brokers   $ 2,395