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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash Flows from Operating Activities:    
Net Income (Loss) $ (318,730) $ 108,408
Adjustments to reconcile net income to net cash provided by operating activities -    
Depreciation, depletion, and amortization 51,130 70,771
Write-down of oil and gas properties 355,948 0
Accretion of asset retirement obligation 263 257
Deferred income taxes 21,087 (19,735)
Stock-based compensation expenses 3,503 5,091
Loss (gain) on derivatives (66,884) (34,312)
Cash settlements on derivatives 76,150 16,087
Settlements of asset retirement obligations (27) (67)
Write off of Debt Issuance Cost 459 0
Other Noncash Income (Expense) 2,436 1,782
(Increase) decrease in accounts receivable and other current assets 7,413 13,746
Increase (decrease) in accounts payable and accrued liabilities (3,981) (8,824)
Increase (Decrease) in Income Taxes Payable (480) 217
Increase (decrease) in accrued interest (505) (356)
Net Cash Provided by (Used in) Operating Activities 127,782 153,065
Cash Flows from Investing Activities:    
Additions to property and equipment (102,713) (234,859)
Acquisition of oil and gas properties (3,441) 0
Proceeds from the sale of property and equipment 4,752 (96)
Payments on property sale obligations (426) (4,402)
Net Cash Provided by (Used in) Investing Activities (101,828) (239,357)
Cash Flows from Financing Activities:    
Proceeds from bank borrowings 71,000 315,000
Payments of bank borrowings (97,000) (228,000)
Purchase of treasury shares (90) (323)
Net Cash Provided by (Used in) Financing Activities (26,090) 86,677
Net increase (decrease) in Cash, Cash Equivalents and Restricted Cash (136) 385
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1,222 2,850
Supplemental Disclosures of Cash Flows Information:    
Cash paid during period for interest, net of amounts capitalized 22,290 26,172
Changes in capital accounts payable and capital accruals $ (25,641) $ (27,905)