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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net income (loss) $ 10,707  
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Accretion of asset retirement obligations 114  
Cash flows from financing activities:    
Cash and cash equivalents, beginning of period 134,083  
Cash and cash equivalents, end of period 54,874  
Successor    
Cash flows from operating activities:    
Net income (loss) 10,707  
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Accretion of asset retirement obligations 114  
Depreciation, depletion and amortization 26,046  
Equity based compensation expense 2,610  
(Gain) loss on sale of oil and natural gas properties (166)  
Net gain on derivative instruments (3,759)  
Net cash (paid) received for derivative settlements (397)  
Amortization of debt issuance costs 93  
Changes in operating assets and liabilities:    
(Increase) decrease in accounts receivable (9,143)  
(Increase) decrease in prepaid and other assets (382)  
(Decrease) increase in accounts payable and other liabilities (6,475)  
Net cash provided by operating activities 19,248  
Cash flows from investing activities:    
Acquisition of oil and natural gas properties (38,678)  
Development of oil and natural gas properties (62,121)  
Purchases of other property and equipment (1,139)  
Proceeds from sales of oil and natural gas properties and other assets 3,518  
Net cash used in investing activities (98,420)  
Cash flows from financing activities:    
Proceeds from revolving credit facility 0  
Repayment of revolving credit facility 0  
Financing obligation 0  
Debt issuance costs (37)  
Net cash (used in) provided by financing activities (37)  
Net decrease in cash and cash equivalents (79,209)  
Cash and cash equivalents, beginning of period 134,083  
Cash and cash equivalents, end of period 54,874  
Supplemental cash flow information    
Cash paid for interest 226  
Supplemental noncash activity    
Accrued capital expenditures included in accounts payable and accrued expenses 63,978  
Asset retirement obligations incurred, including changes in estimate $ 274  
Predecessor    
Cash flows from operating activities:    
Net income (loss)   $ (14,461)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Accretion of asset retirement obligations   40
Depreciation, depletion and amortization   21,263
Equity based compensation expense   0
(Gain) loss on sale of oil and natural gas properties   4
Net gain on derivative instruments   (1,918)
Net cash (paid) received for derivative settlements   8,629
Amortization of debt issuance costs   122
Changes in operating assets and liabilities:    
(Increase) decrease in accounts receivable   4,234
(Increase) decrease in prepaid and other assets   9
(Decrease) increase in accounts payable and other liabilities   630
Net cash provided by operating activities   18,552
Cash flows from investing activities:    
Acquisition of oil and natural gas properties   (6,180)
Development of oil and natural gas properties   (16,206)
Purchases of other property and equipment   (33)
Proceeds from sales of oil and natural gas properties and other assets   0
Net cash used in investing activities   (22,419)
Cash flows from financing activities:    
Proceeds from revolving credit facility   5,000
Repayment of revolving credit facility   (2,000)
Financing obligation   (803)
Debt issuance costs   0
Net cash (used in) provided by financing activities   2,197
Net decrease in cash and cash equivalents   (1,670)
Cash and cash equivalents, beginning of period   1,768
Cash and cash equivalents, end of period   98
Supplemental cash flow information    
Cash paid for interest   1,478
Supplemental noncash activity    
Accrued capital expenditures included in accounts payable and accrued expenses   13,000
Asset retirement obligations incurred, including changes in estimate   $ 142