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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Operating Activities:    
Net Income (Loss) $ (87,025) $ (101,203)
Adjustments to reconcile to net cash provided by operations:    
Depreciation, depletion and amortization 230,170 152,106
Deferred income taxes (25,271) 0
Impairment, dry hole costs and abandonment expense 2,487 609
Commodity derivative (gain) loss 54,600 128,166
Settlements of commodity derivatives 7,731 (42,628)
Stock compensation and other non-cash charges 9,501 5,813
Amortization of deferred financing costs 1,917 1,729
(Gain) loss on extinguishment of debt 0 257
(Gain) loss on sale of properties 2,901 1,046
Change in operating assets and liabilities:    
Accounts receivable 13,488 (8,789)
Prepayments and other assets (1,109) (1,421)
Accounts payable, accrued and other liabilities 3,867 (25,287)
Amounts payable to oil and gas property owners (16,784) 33,804
Production taxes payable (1,079) 15,983
Net cash provided by (used in) operating activities 195,394 160,185
Investing Activities:    
Additions to oil and gas properties, including acquisitions (375,976) (322,614)
Additions of furniture, equipment and other (3,958) (616)
Repayment of debt associated with merger, net of cash acquired 0 (53,357)
Proceeds from sale of properties 1,334 (221)
Other investing activities (1,400) 232
Net cash provided by (used in) investing activities (380,000) (376,576)
Financing Activities:    
Proceeds from debt 200,000 0
Principal payments on debt (26,859) (350)
Other financing activities (1,741) (4,745)
Net cash provided by (used in) financing activities 171,400 (5,095)
Increase (Decrease) in Cash and Cash Equivalents (13,206) (221,486)
Beginning Cash and Cash Equivalents 32,774 314,466
Ending Cash and Cash Equivalents $ 19,568 $ 92,980