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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities:      
Net income $ 85,274 $ 58,810 $ 26,611
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, depletion and amortization 200,359 113,581 104,624
Accretion of liability for asset retirement obligations 28,299 15,565 15,942
Change in fair value of derivative instruments 20,884 9,491 (11,475)
Non-cash compensation 7,344 4,717 2,509
Deferred income taxes 49,687 29,900 14,822
Exploration expenditures 5,520 4,227 11,239
Impairments 2,937 8,883 32,466
Amortization of deferred financing costs and discount on debt 5,396 2,556 1,657
Gain on sale of assets (28,681)    
Loss on early extinguisment of debt     2,377
Other 27,235 2,448 6,984
Changes in operating assets and liabilities:      
Trade accounts receivable (1,916) (33,547) (10,037)
Other receivables     2,088
Prepaid expenses 2,081 1,047 (7,623)
Other assets 790 145 (1,215)
Accounts payable and accrued expenses 35,658 31,477 12,650
Asset retirement obligation settlements (53,308) (35,429) (32,364)
Other liabilities     (3)
Net cash provided by operating activities 387,559 213,871 171,252
Cash flows used in investing activities:      
Decrease in restricted cash     2,466
Property acquisitions (27,560) (578,372) (235,486)
Deposit for Nexen Acquisition (7,040)    
Exploration and development expenditures (322,040) (184,850) (76,003)
Other property and equipment additions (2,016) (1,743) (1,568)
Proceeds from sale of assets 52,317    
Net cash used in investing activities (306,339) (764,965) (310,591)
Cash flows provided by (used in) financing activities:      
Proceeds from indebtedness   509,313 203,794
Repayments of indebtedness (65,000) (20,000)  
Deferred financing costs (674) (8,469) (6,646)
Purchase of shares into treasury (9,640) (8,798) (11,353)
Exercise of stock options 1,385 441 119
Net cash provided by (used in) financing activities (73,929) 472,487 185,914
Net increase (decrease) in cash and cash equivalents 7,291 (78,607) 46,575
Cash and cash equivalents at beginning of period 1,521 80,128 33,553
Cash and cash equivalents at end of period 8,812 1,521 80,128
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION      
Interest $ 47,339 $ 21,129 $ 9,395