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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ (21,660) $ 38,341
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities    
Depreciation, depletion and amortization 63,916 51,341
Exploration expense 13,763 9,192
Stock-based compensation 3,960 4,429
Accretion of asset retirement obligations 317 252
(Gain) loss on derivative instruments 20,792 (43,274)
Net cash receipts (payments) on settled derivatives (2,347) (6,633)
(Gain) loss on sale of assets (1,820) 1
Amortization of deferred financing costs 1,114 1,035
Amortization of debt discount 663 661
Changes in operating assets and liabilities:    
Accounts receivable (35,420) 3,992
Other assets (1,397) 308
Accounts payable and accrued liabilities 8,956 5,796
Net cash provided by operating activities 50,837 65,441
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures for oil and gas properties (124,045) (166,012)
Capital expenditures for other property and equipment (768) (537)
Proceeds from sale of assets 10,348 544
Net cash used in investing activities (114,465) (166,005)
CASH FLOWS FROM FINANCING ACTIVITIES    
Debt issuance costs (56) (1,296)
Repayments of long-term debt (181) (222)
Proceeds from credit facility 60,000  
Equity issuance costs (170) (40)
Employee tax withholding for settlement of equity compensation awards (1,140) (2,032)
Net cash provided by (used in) financing activities 58,453 (3,590)
Net increase (decrease) in cash and cash equivalents (5,175) (104,154)
Cash and cash equivalents at beginning of period 17,224 201,229
Cash and cash equivalents at end of period 12,049 97,075
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid for interest 24,809 23,502
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES    
Asset retirement obligations incurred, including changes in estimate 208 540
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 26,257 $ 11,674
Asset acquisition through stock issuance $ 90,020