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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ (2,626) $ 26,847
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities    
Depreciation, depletion and amortization 31,156 26,189
Exploration expense 6,790 4,988
Stock-based compensation 1,981 2,081
Accretion of asset retirement obligations 155 124
(Gain) loss on derivative instruments 4,215 (25,097)
Net cash receipts (payments) on settled derivatives 141 (3,989)
(Gain) loss on sale of assets (267) (5)
Amortization of deferred financing costs 554 502
Amortization of debt discount 332 330
Changes in operating assets and liabilities:    
Accounts receivable (35,499) 10,478
Other assets (459) 943
Accounts payable and accrued liabilities (3,179) (14,992)
Net cash provided by operating activities 3,294 28,399
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures for oil and gas properties (66,441) (66,005)
Capital expenditures for other property and equipment (155) (178)
Proceeds from sale of assets 4,099 24
Net cash used in investing activities (62,497) (66,159)
CASH FLOWS FROM FINANCING ACTIVITIES    
Debt issuance costs (48) (1,231)
Repayments of long-term debt (92) (74)
Proceeds from credit facility 65,000  
Equity issuance costs (145)  
Employee tax withholding for settlement of equity compensation awards (935) (1,706)
Net cash provided by (used in) financing activities 63,780 (3,011)
Net increase (decrease) in cash and cash equivalents 4,577 (40,771)
Cash and cash equivalents at beginning of period 17,224 201,229
Cash and cash equivalents at end of period 21,801 160,458
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid for interest 23,638 23,066
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES    
Asset retirement obligations incurred, including changes in estimate 85 124
Additions of other property through debt financing 174  
Additions to oil and natural gas properties - changes in accounts payable, accrued liabilities, and accrued capital expenditures 8,864 $ 13,126
Asset acquisition through stock issuance $ 90,020