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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net loss $ (155,723) $ (156,369)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation, depletion, amortization and impairment 375,545 347,745
Dry holes and abandonments 28  
Deferred income tax benefit (90,684) (58,643)
Stock-based compensation expense 22,170 14,192
Net gain on asset disposals (15,367) (7,267)
Tax expense on stock-based compensation   (2,995)
Amortization of debt issuance costs 173 723
Changes in operating assets and liabilities:    
Accounts receivable (135,542) 91,559
Income taxes receivable (1,141) (2,329)
Inventory and other assets (29,186) 3,795
Accounts payable 58,372 (25,738)
Accrued expenses (13,002) (21,658)
Other liabilities (258) (1,088)
Net cash provided by operating activities 15,385 181,927
Cash flows from investing activities:    
Acquisition, net of cash acquired (434,194)  
Purchases of property and equipment (186,790) (51,834)
Proceeds from disposal of assets 34,997 12,350
Net cash used in investing activities (585,987) (39,484)
Cash flows from financing activities:    
Proceeds from equity offering 471,570  
Purchases of treasury stock (3,727) (3,611)
Dividends paid (7,595) (17,665)
Repayment of long-term debt   (25,000)
Proceeds from borrowings under revolving credit facility 161,000  
Repayment of borrowings under revolving credit facility (46,000)  
Net cash provided by (used in) financing activities 575,248 (46,276)
Effect of foreign exchange rate changes on cash 334 114
Net increase in cash and cash equivalents 4,980 96,281
Cash and cash equivalents at beginning of period 35,152 113,346
Cash and cash equivalents at end of period 40,132 209,627
Net cash (paid) received during the period for:    
Interest, net of capitalized interest of $409 in 2017 and $286 in 2016 (16,640) (20,252)
Income taxes 967 19,603
Non-cash investing and financing activities:    
Net increase in payables for purchases of property and equipment 33,938 9,283
Issuance of common stock for business acquisition 1,039,396  
Net decrease in deposits on equipment purchases $ 3,133 $ 4,397