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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (157,541) $ (150,153)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation, depletion and amortization 170,245 51,967
Exploration expense 7,118 5,091
Pension benefit costs 76 69
Stock-based compensation 3,394 87
Impairment of proved oil and gas properties   4,605
Accretion of asset retirement obligations 1,197 575
Gain on reduction of pension obligation   (2,208)
Gain on derivative instruments (31,527) (1,098)
Net cash received (paid) on settled derivatives 23,754 (1,647)
Net cash paid for option premium   (385)
Gain on sale of assets (5,183) (1,585)
Loss on early extinguishment of debt 59,392  
Deferred income taxes (52,447) 83,997
Interest not paid in cash 1,232 2,166
Amortization of deferred financing costs 1,481 1,314
Amortization of debt discount 1,529 1,711
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable 23,126 (37,187)
Other assets (619) (1,213)
Accounts payable and accrued liabilities 15,491 21,270
Accrued liabilities-related parties   (1,951)
Net cash provided by (used in) operating activities 60,718 (24,575)
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures on oil and natural gas properties (410,527) (495,950)
Additions to other property and equipment (1,327) (2,986)
Acquisition of business, net of cash acquired   754
Proceeds from the sale of assets 37,287  
Net cash used in investing activities (374,567) (498,182)
CASH FLOWS FROM FINANCING ACTIVITIES    
Repayments of long-term debt (485,158) (166)
Proceeds from issuance of long-term debt 538,466  
Debt issuance costs (13,232) (1,232)
Capital contributions   124,667
Proceeds from issuance of common stock, net of underwriting fees 440,000 550,025
Equity issuance costs (5,875) (5,303)
Net cash provided by financing activities 474,201 667,991
Net increase in cash and cash equivalents 160,352 145,234
Cash and cash equivalents at beginning of period 67,517 109,509
Cash and cash equivalents at end of period 227,869 254,743
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid for interest 39,125 25,865
Cash paid for income taxes 284  
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES:    
Asset retirement obligations incurred, including changes in estimate 495 420
Additions of other property through debt financing 888 823
Oil and natural gas properties - changes in accounts payable, accrued liabilities, and accrued capital expenditures (120,751) 114,639
Interest paid-in-kind $ 14,786 $ 22,461