Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Cash Flows

v3.5.0.2
Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Dec. 31, 2015
Operating activities:          
Net loss $ (120,922) $ (260,449) $ (311,431) $ (515,544)  
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:          
Depreciation, depletion, amortization and accretion 57,493 103,342 121,226 228,809  
Ceiling test write-down of oil and natural gas properties 104,592 252,772 221,151 513,162 $ 987,200
Debt issuance costs write-off/amortization of debt items     1,880 2,432  
Share-based compensation 2,585 2,892 5,121 5,708  
Derivative loss 4,942 1,078 2,449 1,078  
Cash receipts on derivative settlements     4,746    
Deferred income taxes     19,285 (147,708)  
Changes in operating assets and liabilities:          
Oil and natural gas receivables     1,226 15,285  
Joint interest and other receivables     1,763 11,036  
Income taxes     (57,931) (325)  
Prepaid expenses and other assets     (10,365) 8,929  
Asset retirement obligation settlements     (25,156) (21,939)  
Accounts payable, accrued liabilities and other     14,767 (20,013)  
Net cash provided by (used in) operating activities     (11,269) 80,910  
Investing activities:          
Investment in oil and natural gas properties and equipment     (17,712) (150,994)  
Changes in operating assets and liabilities associated with investing activities     (34,122) (50,849)  
Proceeds from sales of assets     1,500    
Purchases of furniture, fixtures and other     (70) (709)  
Net cash used in investing activities     (50,404) (202,552)  
Financing activities:          
Borrowings of long-term debt - revolving bank credit facility     340,000 194,000  
Repayments of long-term debt - revolving bank credit facility     (192,000) (381,000)  
Issuance of 9.00% Term Loan       297,000  
Debt issuance costs       (6,407)  
Other     83 54  
Net cash provided by financing activities     148,083 103,647  
Increase (decrease) in cash and cash equivalents     86,410 (17,995)  
Cash and cash equivalents, beginning of period     85,414 23,666 23,666
Cash and cash equivalents, end of period $ 171,824 $ 5,671 $ 171,824 $ 5,671 $ 85,414