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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (140,499) $ (157,541)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities    
Depreciation, depletion and amortization 64,287 170,245
Exploration expense 28,952 7,118
Pension benefit costs   76
Stock-based compensation 5,464 3,394
Impairment of proved oil and gas properties 17,665 0
Accretion of asset retirement obligations 275 1,197
(Gain) loss on derivative instruments 8,407 (31,527)
Net cash receipts (payments) on settled derivatives 35,870 23,754
(Gain) loss on sale of assets (944) (5,183)
(Gain) loss on early extinguishment of debt (14,489) 59,392
Deferred income taxes 540 (52,447)
Interest not paid in cash   1,232
Amortization of deferred financing costs 1,457 1,481
Amortization of debt discount 1,033 1,529
Changes in operating assets and liabilities:    
Accounts receivable (1,261) 23,126
Other assets (1,902) (619)
Accounts payable and accrued liabilities (33,342) 15,491
Net cash provided by (used in) operating activities (28,487) 60,718
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures for oil and gas properties (92,204) (410,527)
Capital expenditures for other property and equipment (852) (1,327)
Proceeds from sale of assets 14,887 37,287
Net cash used in investing activities (78,169) (374,567)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from issuance of long-term debt   538,466
Debt issuance costs 40 (13,232)
Repayments of long-term debt (23,936) (485,158)
Proceeds from issuance of common stock 124,361 440,000
Equity issuance costs (484) (5,875)
Employee tax withholding for settlement of equity compensation awards (61)  
Net cash provided by financing activities 99,920 474,201
Net increase (decrease) in cash and cash equivalents (6,736) 160,352
Cash and cash equivalents at beginning of period 184,405 67,517
Cash and cash equivalents at end of period 177,669 227,869
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid for interest 48,101 39,125
Cash paid for income taxes   284
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES    
Asset retirement obligations incurred, including changes in estimate 923 495
Additions of other property through debt financing   888
Additions to oil and natural gas properties - changes in accounts payable, accrued liabilities, and accrued capital expenditures $ 26,055 (120,751)
Interest paid-in-kind   $ 14,786