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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net income (loss) $ 33,905  
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, depletion and amortization 60,460  
Equity based compensation expense 5,595  
Abandonment expense and impairment of unproved properties (29)  
Deferred tax expense (benefit) 9,069  
(Gain) loss on sale of oil and natural gas properties (7,357)  
Non-cash portion of derivative (gain) loss (6,412)  
Amortization of debt issuance costs 214  
Changes in operating assets and liabilities:    
(Increase) decrease in accounts receivable (20,567)  
Increase in prepaid and other assets (172)  
Increase in accounts payable and other liabilities 18,434  
Net cash provided by operating activities 93,140  
Cash flows from investing activities:    
Acquisition of oil and natural gas properties (405,244)  
Drilling and development capital expenditures (198,299)  
Purchases of other property and equipment (2,457)  
Proceeds from sales of oil and natural gas properties 10,675  
Net cash used in investing activities (595,325)  
Cash flows from financing activities:    
Issuance of Class A common shares 340,750  
Underwriters discount and offering costs (7,233)  
Proceeds from revolving credit facility 50,000  
Repayment of revolving credit facility (15,000)  
Financing obligation 0  
Debt issuance costs (415)  
Net cash provided by financing activities 368,102  
Net decrease in cash and cash equivalents (134,083)  
Cash and cash equivalents, beginning of period 134,083  
Cash and cash equivalents, end of period 0  
Supplemental cash flow information    
Cash paid for interest 723  
Supplemental non-cash activity    
Accrued capital expenditures included in accounts payable and accrued expenses 80,651  
Asset retirement obligations incurred, including changes in estimate $ 649  
Predecessor    
Cash flows from operating activities:    
Net income (loss)   $ (30,594)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, depletion and amortization   42,485
Equity based compensation expense   0
Abandonment expense and impairment of unproved properties   897
Deferred tax expense (benefit)   (406)
(Gain) loss on sale of oil and natural gas properties   4
Non-cash portion of derivative (gain) loss   20,596
Amortization of debt issuance costs   244
Changes in operating assets and liabilities:    
(Increase) decrease in accounts receivable   1,782
Increase in prepaid and other assets   (632)
Increase in accounts payable and other liabilities   1,228
Net cash provided by operating activities   35,604
Cash flows from investing activities:    
Acquisition of oil and natural gas properties   (52,378)
Drilling and development capital expenditures   (33,044)
Purchases of other property and equipment   (33)
Proceeds from sales of oil and natural gas properties   0
Net cash used in investing activities   (85,455)
Cash flows from financing activities:    
Issuance of Class A common shares   0
Underwriters discount and offering costs   0
Proceeds from revolving credit facility   55,000
Repayment of revolving credit facility   (5,000)
Financing obligation   (1,233)
Debt issuance costs   0
Net cash provided by financing activities   48,767
Net decrease in cash and cash equivalents   (1,084)
Cash and cash equivalents, beginning of period   1,768
Cash and cash equivalents, end of period   684
Supplemental cash flow information    
Cash paid for interest   3,089
Supplemental non-cash activity    
Accrued capital expenditures included in accounts payable and accrued expenses   4,574
Asset retirement obligations incurred, including changes in estimate   $ 134