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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating Activities:    
Net Income (Loss) $ (96,229) $ (24,937)
Adjustments to reconcile to net cash provided by operations:    
Depreciation, depletion and amortization 72,610 40,985
Deferred income taxes (29,711) 0
Impairment, dry hole costs and abandonment expense 322 317
Commodity derivative (gain) loss 105,191 20,333
Settlements of commodity derivatives 4,649 (8,388)
Stock compensation and other non-cash charges 4,318 835
Amortization of deferred financing costs 640 563
(Gain) loss on sale of properties (5) 408
Change in operating assets and liabilities:    
Accounts receivable 15,470 9,166
Prepayments and other assets (72) (111)
Accounts payable, accrued and other liabilities 7,304 822
Amounts payable to oil and gas property owners (10,906) 9,609
Production taxes payable 4,102 4,715
Net cash provided by (used in) operating activities 77,683 54,317
Investing Activities:    
Additions to oil and gas properties, including acquisitions (130,862) (88,854)
Additions of furniture, equipment and other (1,309) (122)
Repayment of debt associated with merger, net of cash acquired 0 (53,357)
Other investing activities (273) (157)
Net cash provided by (used in) investing activities (132,444) (142,490)
Financing Activities:    
Proceeds from debt 70,000 0
Principal payments on debt (1,859) (116)
Other financing activities (1,496) (1,485)
Net cash provided by (used in) financing activities 66,645 (1,601)
Increase (Decrease) in Cash and Cash Equivalents 11,884 (89,774)
Beginning Cash and Cash Equivalents 32,774 314,466
Ending Cash and Cash Equivalents $ 44,658 $ 224,692