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 9 Months Ended 12 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Dec. 31, 2015
Operating activities:          
Net loss $ 45,928 $ (477,568) $ (265,503) $ (993,112)  
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:          
Depreciation, depletion, amortization and accretion 51,500 97,329 172,726 326,138  
Ceiling test write-down of oil and natural gas properties 57,912 441,688 279,063 954,850 $ 987,200
Gain on exchange of debt (123,960)   (123,960)    
Debt issuance costs write-off/amortization of debt items     2,135 2,862  
Share-based compensation 2,521 2,605 7,642 8,313  
Derivative (gain) loss 412 (10,231) 2,861 (9,153)  
Cash receipts on derivative settlements     4,746 2,139  
Deferred income taxes     15,484 (166,258)  
Changes in operating assets and liabilities:          
Oil and natural gas receivables     294 23,287  
Joint interest and other receivables     4,281 1,210  
Income taxes     (52,392) (289)  
Prepaid expenses and other assets     (16,128) 16,692  
Asset retirement obligation settlements     (56,167) (25,515)  
Accounts payable, accrued liabilities and other     15,750 (6,371)  
Net cash provided by (used in) operating activities     (9,168) 134,793  
Investing activities:          
Investment in oil and natural gas properties and equipment     (24,062) (192,811)  
Changes in operating assets and liabilities associated with investing activities     (37,400) (65,463)  
Proceeds from sales of assets     1,500    
Purchases of furniture, fixtures and other     (96) (1,185)  
Net cash used in investing activities     (60,058) (259,459)  
Financing activities:          
Borrowings of long-term debt - revolving bank credit facility     340,000 263,000  
Repayments of long-term debt - revolving bank credit facility     (340,000) (445,000)  
Debt exchange/issuance costs     (17,920) (6,591)  
Other     83 54  
Net cash provided by financing activities     57,163 108,463  
Decrease in cash and cash equivalents     (12,063) (16,203)  
Cash and cash equivalents, beginning of period     85,414 23,666 23,666
Cash and cash equivalents, end of period $ 73,351 $ 7,463 73,351 7,463 $ 85,414
9.00 % Second Lien Term Loan, Due May 2020          
Financing activities:          
Issuance of Term Loan     $ 297,000  
11.00% 1.5 Lien Term Loan, Due November 2019          
Financing activities:          
Issuance of Term Loan     $ 75,000