Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Cash Flows

v3.7.0.1
Condensed Consolidated Statements Of Cash Flows
$ in Thousands
 6 Months Ended
Jun. 30, 2017
USD ($)
Operating activities:  
Net income (loss) $ 57,614
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:  
Depreciation, depletion, amortization and accretion 80,354
Gain on exchange of debt (7,811)
Debt issuance costs write-down/amortization of debt items 836
Share-based compensation 3,466
Derivative (gain) loss (7,644)
Cash receipts on derivative settlements 2,208
Deferred income taxes 212
Changes in operating assets and liabilities:  
Oil and natural gas receivables 3,675
Joint interest receivables 1,965
Insurance reimbursements 30,100
Income taxes (16,960)
Prepaid expenses and other assets (3,575)
Escrow deposit - Apache lawsuit (49,500)
Asset retirement obligation settlements (36,021)
Accounts payable, accrued liabilities and other 6,666
Net cash provided by (used in) operating activities 65,585
Investing activities:  
Investment in oil and natural gas properties and equipment (43,800)
Changes in operating assets and liabilities associated with investing activities (827)
Purchases of furniture, fixtures and other (853)
Net cash used in investing activities (45,480)
Financing activities:  
Other (372)
Net cash provided by (used in) financing activities (18,021)
Increase in cash and cash equivalents 2,084
Cash and cash equivalents, beginning of period 70,236
Cash and cash equivalents, end of period 72,320
11.00% 1.5 Lien Term Loan, Due November 2019  
Financing activities:  
Payment of interest (4,113)
9.00%/10.75% Second Lien PIK Toggle Notes, Due May 2020  
Financing activities:  
Payment of interest (7,335)
8.50%/10.00% Third Lien PIK Toggle Notes, Due June 2021  
Financing activities:  
Payment of interest $ (6,201)