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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net income (loss) $ (772,259) $ 972
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, depletion and amortization 226,309 255,772
Write-down of oil and gas properties 1,011,385 47,130
Accretion expense 19,315 21,827
Deferred income tax (benefit) provision (280,760) 3,599
Settlement of asset retirement obligations (59,826) (47,217)
Non-cash stock compensation expense 9,163 8,409
Non-cash derivative (income) expense 10,854 (2,386)
Non-cash interest expense 13,210 12,393
Change in current income taxes 7,211 (6)
(Increase) decrease in accounts receivable 33,895 (1,805)
Increase in other current assets (1,090) (10)
Decrease in accounts payable (11,592) (3,547)
Increase (decrease) in other current liabilities (6,753) 37,441
Other (82) (172)
Net cash provided by operating activities 198,980 332,400
Cash flows from investing activities:    
Investment in oil and gas properties (385,528) (727,488)
Proceeds from sale of oil and gas properties, net of expenses 11,643 223,299
Investment in fixed and other assets (1,455) (8,790)
Change in restricted funds 179,475 (185,752)
Net cash used in investing activities (195,865) (698,731)
Cash flows from financing activities:    
Proceeds from bank borrowings 5,000 0
Repayment of bank borrowings (5,000) 0
Net proceeds from issuance of common stock 0 225,999
Deferred financing costs 0 (3,329)
Net payments for share-based compensation (3,127) (7,161)
Net cash provided by (used in) financing activities (3,127) 215,509
Effect of exchange rate changes on cash (2) (95)
Net change in cash and cash equivalents (14) (150,917)
Cash and cash equivalents, beginning of period 74,488 331,224
Cash and cash equivalents, end of period $ 74,474 $ 180,307