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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net loss $ (111,405) $ (135,134) $ (1,047,109)
Adjustments to reconcile net loss to net cash provided by (used for) operating activities:      
Deferred and non-current income taxes (18,080) 7,105 (155,249)
Loss on sale of oil and gas properties 1,060 14,315 112,085
Impairment of oil and gas properties 43,990 27,134 801,347
Dry hole costs, exploratory lease impairments and other exploration costs   84,144 70,694
Depreciation, depletion and amortization 123,557 141,487 321,323
(Gain) loss on derivative financial instruments (16,753) 5,356 (2,676)
Cash settlements of derivative financial instruments 9,405 2,120 1,230
Gain on extinguishment of debt   (189,052) (78,741)
Amortization of debt discount, premium and issuance costs 35,880 17,788 5,144
Interest paid in-kind 38,073 11,860  
Stock-based compensation 5,923 4,660 8,149
Income taxes related to equity award vesting     2,044
Decrease (increase) in accounts receivable (16,128) (3,651) 30,248
Decrease (increase) in other current assets (921) 169 8,112
Increase (decrease) in accounts payable and accrued expenses 80,013 (12,029) (46,515)
Net cash provided by (used for) operating activities 174,614 (23,728) 30,086
CASH FLOWS FROM INVESTING ACTIVITIES:      
Capital expenditures (180,481) (57,424) (264,210)
Proceeds from sales of oil and gas properties 1,528 27,855 102,485
Net cash used for investing activities (178,953) (29,569) (161,725)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Borrowings 8,000   790,000
Principal payments on debt (8,000)   (465,000)
Payments to retire debt   (3,397) (42,655)
Debt and equity issuance costs   (11,108) (16,201)
Income tax withholdings related to equity awards (312) (313) (526)
Income taxes related to equity award vesting     (2,044)
Common stock warrants exercised 2 13  
Net cash provided by (used for) financing activities (310) (14,805) 263,574
Net increase (decrease) in cash and cash equivalents (4,649) (68,102) 131,935
Cash and cash equivalents, beginning of the year 65,904 134,006 2,071
Cash and cash equivalents, end of the year $ 61,255 $ 65,904 $ 134,006