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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Dec. 31, 2020
Dec. 31, 2019
Cash Flows from Operating Activities:            
Net Income (Loss) $ (19,951) $ (305,976) $ 8,429 $ (311,834)    
Adjustments to reconcile net income to net cash provided by operating activities -            
Depreciation, depletion, and amortization 16,039 13,716 29,431 37,156    
Write-down of oil and gas properties 0 260,342 0 355,948    
Accretion of asset retirement obligation 74 88 148 173 $ 354  
Deferred income taxes     0 21,087    
Stock-based compensation expenses     2,260 2,437    
Loss (gain) on derivatives     64,326 (79,829)    
Cash settlements on derivatives     (10,708) 67,496    
Settlements of asset retirement obligations     (166) (15)    
Write off of Deferred Debt Issuance Cost     229 459    
Other Noncash Income (Expense)     1,202 1,814    
(Increase) decrease in accounts receivable and other current assets     (1,387) 14,293    
Increase (decrease) in accounts payable and accrued liabilities     (502) (10,137)    
Increase (Decrease) in Income Taxes Payable     0 92    
Increase (decrease) in accrued interest     (28) (140)    
Net Cash Provided by (Used in) Operating Activities     93,234 99,000    
Cash Flows from Investing Activities:            
Additions to property and equipment     (56,995) (85,594)    
Acquisition of oil and gas properties     (207) (3,394)    
Proceeds from Sale of Property, Plant, and Equipment     0 (4,752)    
Payments on property sale obligations     (1,084) (426)    
Net Cash Provided by (Used in) Investing Activities     (58,286) (84,662)    
Cash Flows from Financing Activities:            
Proceeds from bank borrowings     123,000 50,000    
Payments of bank borrowings     (155,000) (59,000)    
Purchase of treasury shares     (603) (86)    
Payments of Debt Issuance Costs     (2,400) 0    
Net Cash Provided by (Used in) Financing Activities     (35,003) (9,086)    
Net increase (decrease) in Cash, Cash Equivalents and Restricted Cash     (55) 5,252    
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $ 2,063 $ 6,610 2,063 6,610 $ 2,118 $ 1,358
Supplemental Disclosures of Cash Flows Information:            
Cash paid during period for interest, net of amounts capitalized     13,282 15,006    
Changes in capital accounts payable and capital accruals     $ 1,307 $ (28,618)