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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ 2,828 $ (14,098)
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Depreciation, depletion, amortization and accretion 44,304 29,950
Exploration expense 10,720 9,600
Stock-based compensation 860 6,001
Impairment of oil and gas properties 6,849  
Net cash for plugging wells (81) (48)
(Gain) loss on derivative instruments (40,131) 4,931
Net cash receipts (payments) on settled derivatives 18,236 (3,186)
Loss on sale of assets 490 2
Amortization of deferred financing costs 619 629
Amortization of debt discount 333 333
Changes in operating assets and liabilities:    
Accounts receivable 19,238 25,812
Other assets 404 (188)
Accounts payable and accrued liabilities (43,179) (68,643)
Net cash provided by (used in) operating activities 21,490 (8,905)
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures for oil and gas properties (46,894) (58,530)
Capital expenditures for other property and equipment (250) (184)
Proceeds from sale of assets 1,073 1
Cash acquired in merger   12,894
Change in deposits and other long-term assets   (3)
Net cash used in investing activities (46,071) (45,822)
CASH FLOWS FROM FINANCING ACTIVITIES    
Debt issuance costs (31) (3,102)
Repayments of long-term debt (41) (98)
Proceeds from revolving credit facility 20,000 65,000
Equity issuance costs   (30)
Employee tax withholding for settlement of equity compensation awards (95) (5,410)
Net cash provided by financing activities 19,833 56,360
Net increase (decrease) in cash and cash equivalents (4,748) 1,633
Cash and cash equivalents at beginning of period 12,056 5,959
Cash and cash equivalents at end of period 7,308 7,592
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid for interest 23,874 24,198
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES    
Asset retirement obligations incurred, including changes in estimate 41 16,691
Additions to oil and natural gas properties - changes in accounts payable, accrued liabilities, and accrued capital expenditures $ 5,222 45,287
BRMR Merger consideration   $ 275,759