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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash Flows from Operating Activities:    
Net Income $ (769,944) $ 12,269
Adjustments to reconcile net income to net cash provided by operation activities -    
Depreciation, depletion, and amortization 102,786 135,741
Write-down of oil and gas properties 763,073 0
Accretion of asset retirement obligation 2,746 2,801
Deferred income taxes (80,133) 11,199
Stock-based compensation expenses 2,153 3,683
Other Noncash Income (Expense) 3,606 (2,439)
(Increase) Decrease in accounts receivable 9,041 1,360
Increase (decrease) in accounts payable and accrued liabilities (3,997) 5,895
Increase (decrease) in income taxes payable 0 (150)
Increase (decrease) in accrued interest 108 (56)
Net Cash Provided by Operating Activities 29,439 170,303
Cash Flows from Investing Activities:    
Additions to property and equipment (104,997) (208,979)
Proceeds from the sale of property and equipment 946 35
Net Cash Used in Investing Activities (104,051) (208,944)
Cash Flows from Financing Activities:    
Proceeds from bank borrowings 180,500 195,800
Payments of bank borrowings (105,800) (159,800)
Net proceeds from issuances of common stock 302 824
Purchase of treasury shares (150) (896)
Payments of debt issuance costs (571) 0
Net Cash Used in Financing Activities 74,281 35,928
Net Increase (Decrease) in Cash and Cash Equivalents (331) (2,713)
Cash and Cash Equivalents at Beginning of Period 406 3,277
Cash and Cash Equivalents at End of Period 75 564
Supplemental Disclosures of Cash Flows Information:    
Cash paid during period for interest, net of amounts capitalized 35,488 36,031
Cash paid during period for income taxes $ 0 $ 150