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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (113,698) $ (76,073)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities    
Depreciation, depletion and amortization 36,062 103,073
Exploration expense 18,722 6,073
Pension benefit costs 0 101
Stock-based compensation 3,701 2,157
Impairment of proved oil and gas properties 17,665 0
Accretion of asset retirement obligations 175 785
(Gain) loss on derivative instruments 19,046 (7,848)
Net cash receipts (payments) on settled derivatives 31,258 14,422
(Gain) loss on sale of assets (1,046) (5,473)
Gain on early extinguishment of debt (14,489) 0
Deferred income taxes 540 (34,107)
Interest not paid in cash 0 1,232
Amortization of deferred financing costs 972 1,018
Amortization of debt discount 691 1,193
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable (1,238) 13,007
Other assets (2,586) 225
Accounts payable and accrued liabilities (13,026) 29,724
Net cash provided by (used in) operating activities (17,251) 49,509
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures for oil and gas properties (42,913) (327,856)
Capital expenditures for other property and equipment (416) (1,284)
Proceeds from sale of assets 14,094 37,287
Net cash used in investing activities (29,235) (291,853)
CASH FLOWS FROM FINANCING ACTIVITIES    
Debt issuance costs 261 (1,577)
Repayments of long-term debt (23,786) (207)
Proceeds from issuance of common stock 0 440,000
Equity issuance costs (277) (5,767)
Employee tax withholding for settlement of equity compensation awards (61) 0
Net cash provided by (used in) financing activities (23,863) 432,449
Net increase (decrease) in cash and cash equivalents (70,349) 190,105
Cash and cash equivalents at beginning of period 184,405 67,517
Cash and cash equivalents at end of period 114,056 257,622
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid for interest 25,175 13,080
Cash paid for income taxes 0 37
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES:    
Asset retirement obligations incurred, including changes in estimate 63 303
Additions of other property through debt financing 0 888
Additions to oil and natural gas properties - changes in accounts payable, accrued liabilities, and accrued capital expenditures 123 (88,418)
Interest paid-in-kind $ 0 $ 14,786