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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ 17,698 $ (17,662)
Adjustments to reconcile net loss to net cash provided by operating activities    
Depreciation, depletion, amortization and accretion 114,331 98,672
Exploration expense 36,193 20,827
Stock-based compensation 7,614 6,131
Net cash for plugging wells (444)  
(Gain) loss on derivative instruments (40,620) 24,055
Net cash receipts (payments) on settled derivatives 11,072 (7,724)
Gain on sale of assets (734) (1,814)
Amortization of deferred financing costs 2,160 1,677
Amortization of debt discount 998 995
Changes in operating assets and liabilities:    
Accounts receivable 68,056 (48,601)
Other assets 619 (2,144)
Accounts payable and accrued liabilities (40,634) 18,989
Net cash provided by operating activities 176,309 93,401
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures for oil and gas properties (268,768) (210,612)
Capital expenditures for other property and equipment (576) (892)
Proceeds from sale of assets 1,810 10,348
Cash proceeds from merger 12,894  
Change in deposits and other long-term assets (53)  
Net cash used in investing activities (254,693) (201,156)
CASH FLOWS FROM FINANCING ACTIVITIES    
Debt issuance costs (4,242) (108)
Repayments of long-term debt (260) (381)
Proceeds from revolving credit facility 95,000 99,000
Equity issuance costs (31) (307)
Employee tax withholding for settlement of equity compensation awards (6,511) (1,261)
Net cash provided by financing activities 83,956 96,943
Net increase (decrease) in cash and cash equivalents 5,572 (10,812)
Cash and cash equivalents at beginning of period 5,959 17,224
Cash and cash equivalents at end of period 11,531 6,412
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid for interest 51,280 49,280
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES    
Asset retirement obligations incurred, including changes in estimate 1,006 388
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 16,583 3,988
Asset acquisition through stock issuance   $ 90,020
BRMR Merger consideration $ 275,759