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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net loss$ (458,461)$ (157,740)
Adjustments to reconcile net loss to cash provided by (used in) operating activities:  
Loss on property sales112 
Depreciation, depletion, amortization - oil and gas33,18035,410
Depreciation, depletion, amortization - discontinued operations5,46439,565
(Gain) loss on sale of drilling assets - discontinued operations(2,470)782
Gain on sale of oil and gas assets - discontinued operations(8,946)(28,372)
Impairments - discontinued operations 93,260
Dry hole costs and impairments420,86329,762
Stock based compensation6,4978,808
Executive severance - stock-based awards forfeited (2,274)
Amortization of deferred financing costs, bond discount, and installments payable discount8,74810,930
Increase in allowance for bad debt 1,437
Unrealized gain on derivative contracts(4,137)(28,072)
Income from unconsolidated affiliates(294)(893)
Deferred income tax expense717564
Other1,14447
Net changes in operating assets and liabilities:  
Increase in trade accounts receivable(303)(318)
Increase in deposits and prepaid assets(108)(242)
Increase in inventories(68) 
(Increase) decrease in other current assets(13)919
Increase (decrease) in accounts payable969(20,627)
Increase (decrease) in other accrued liabilities2,134(8,904)
Increase in assets held for sale working capital, net1,492 
Net cash provided by (used in) operating activities6,520(25,958)
Cash flows from investing activities:  
Additions to property and equipment(50,752)(24,959)
Additions to drilling and trucking equipment - assets held for sale(1,529)(1,322)
Proceeds from sale of oil and gas properties42,085115,180
Proceeds from sale of drilling assets - assets held for sale3,429547
Proceeds from sale of other fixed assets6154
Proceeds from sale of unconsolidated affiliates1,5173,879
Proceeds from escrow deposit 1,380
Increase (decrease) in other long-term assets(7)81
Net cash provided by (used in) investing activities(5,196)94,840
Cash flows from financing activities:  
Proceeds from borrowings55,20286,500
Repayments of borrowings(66,617)(200,716)
Payment of deferred financing costs(979)(1,641)
Stock repurchased for withholding taxes(1,019)(746)
Net cash used in financing activities(13,413)(116,603)
Net decrease in cash and cash equivalents(12,089)(47,721)
Cash at beginning of period14,19061,918
Cash at end of period2,10114,197
Supplemental cash flow information:  
Cash paid for interest and financing costs10,44817,177
DHS interest payable capitalized to principal balance (non-cash financing transaction)$ 5,573