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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Net income (loss) $ (173,396) $ 87,396
Net income (loss) (173,396) 87,396
Adjustments to net income (loss) to reconcile to net cash provided by operating activities:    
Net change in fair value of unsettled derivatives 120,920 (126,070)
Depreciation, depletion and amortization 262,412 235,329
Provision for uncollectible note receivable 0 (40,203)
Impairment of properties and equipment 192,742 29,759
Accretion of asset retirement obligations 2,573 3,434
Non-cash stock-based compensation 10,779 9,826
(Gain) loss on sale of properties and equipment 1,081 (692)
Amortization of debt discount and issuance costs 6,372 6,399
Deferred income taxes (50,181) 50,767
Other 974 670
Changes in assets and liabilities 6,581 15,832
Net cash from operating activities 380,857 272,447
Cash flows from investing activities:    
Capital expenditures for development of crude oil and natural gas properties (432,635) (334,406)
Capital expenditures for other properties and equipment (2,450) (2,299)
Acquisition of crude oil and natural gas properties, including settlement adjustments (181,052) 5,372
Proceeds from sale of properties and equipment 1,782 1,293
Proceeds from divestiture 39,023 0
Proceeds from Sale of Notes Receivable 0 40,203
Restricted cash 1,249 (9,250)
Proceeds from Sale of Short-term Investments 0 49,890
Purchases of short-term investments 0 (49,890)
Net cash from investing activities (574,083) (299,087)
Cash flows from financing activities:    
Proceeds from revolving credit facility 233,000 0
Repayment of revolving credit facility (211,000) 0
Payments of Debt Issuance Costs (4,060) 0
Purchase of treasury shares 4,494 5,274
Other (719) (645)
Net cash from financing activities 12,727 (5,919)
Net change in cash, cash equivalents, and restricted cash (180,499) (32,559)
Cash, cash equivalents and restricted cash, beginning of period 189,925 244,100
Cash, cash equivalents and restricted cash, end of period 9,426 211,541
Cash payments (receipts) for:    
Interest, net of capitalized interest 27,817 32,647
Income taxes 393 (39)
Non-cash investing and financing activities:    
Change in accounts payable related to purchases of properties and equipment 72,334 81,891
Change in asset retirement obligation, with a corresponding change to crude oil and natural gas properties, net of disposals 6,248 2,415
Purchase of properties and equipment under capital leases $ 689 $ 2,160