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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ (66,024) $ 13,414
Adjustments to reconcile net income (loss) to net cash provided by operating activities    
Depreciation, depletion, amortization and accretion 87,244 68,708
Exploration expense 19,359 22,206
Stock-based compensation 2,624 6,553
Impairment of oil and gas properties 6,849  
Net cash for plugging wells (102) (214)
Gain on derivative instruments (29,207) (24,808)
Net cash receipts (payments) on settled derivatives 43,092 (746)
Gain on sale of assets (1,419) (6)
Amortization of deferred financing costs 1,432 1,201
Amortization of debt discount 667 665
Changes in operating assets and liabilities:    
Accounts receivable 18,861 52,182
Other assets (710) (15)
Accounts payable and accrued liabilities (40,539) (56,047)
Net cash provided by operating activities 42,127 83,093
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures for oil and gas properties (76,459) (177,334)
Capital expenditures for other property and equipment (254) (193)
Proceeds from sale of assets 1,335 16
Cash acquired in merger   12,894
Change in deposits and other long-term assets   (53)
Net cash used in investing activities (75,378) (164,670)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from other notes payable 1,141  
Debt issuance costs (80) (3,361)
Repayments of long-term debt (182) (182)
Proceeds from revolving credit facility 30,000 95,000
Equity issuance costs   (31)
Employee tax withholding for settlement of equity compensation awards (463) (6,360)
Net cash provided by financing activities 30,416 85,066
Net increase (decrease) in cash and cash equivalents (2,835) 3,489
Cash and cash equivalents at beginning of period 12,056 5,959
Cash and cash equivalents at end of period 9,221 9,448
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid for interest 26,771 25,884
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES    
Asset retirement obligations incurred, including changes in estimate 138 750
Additions to oil and natural gas properties - changes in accounts payable, accrued liabilities, and accrued capital expenditures $ 4,649 41,668
BRMR Merger consideration   $ 275,759