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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (44,373) $ (51,725)
Adjustments to reconcile net loss to net cash provided by (used for) operating activities:    
Deferred income taxes 855 4,519
Net loss on sale of oil and gas properties   907
Exploratory lease impairments   7,753
Impairment of oil and gas properties   24,460
Depreciation, depletion and amortization 60,226 74,865
Gain on derivative financial instruments (13,155) (674)
Cash settlements of derivative financial instruments 1,896 2,120
Gain on extinguishment of debt   (89,576)
Amortization of debt discount, premium and issuance costs 15,000 2,533
Interest paid in-kind 18,594  
Stock-based compensation 2,815 2,493
Decrease (increase) in accounts receivable (9,657) 331
Increase in other current assets (908) (346)
Increase (decrease) in accounts payable and accrued expenses 24,222 (8,864)
Net cash provided by (used for) operating activities 55,515 (31,204)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (85,829) (33,654)
Proceeds from sales of oil and gas properties   2,067
Net cash used for investing activities (85,829) (31,587)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments to retire debt   (3,397)
Common stock warrants exercised 2  
Debt and equity issuance costs   (93)
Tax withholdings related to equity awards (271) (313)
Net cash used for financing activities (269) (3,803)
Net decrease in cash and cash equivalents (30,583) (66,594)
Cash and cash equivalents, beginning of period 65,904 134,006
Cash and cash equivalents, end of period $ 35,321 $ 67,412