Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Cash Flows

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Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Operating activities:    
Net income $ 21,710 $ 63,208
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion, amortization and accretion 380,213 312,911
Amortization of debt issuance costs and premium 537 1,366
Share-based compensation 11,398 8,457
Derivative (gain) loss 6,790 6,186
Cash payments on derivative settlements (18,543) (6,855)
Deferred income taxes 12,825 31,581
Changes in operating assets and liabilities:    
Oil and natural gas receivables (936) 12,511
Joint interest and other receivables 1,890 30,064
Income taxes 2,884 53,433
Prepaid expenses and other assets 21,228 (10,815)
Asset retirement obligation settlements (42,011) (59,188)
Accounts payable, accrued liabilities and other 26,960 32,974
Net cash provided by operating activities 424,945 475,833
Investing activities:    
Acquisition of property interest in oil and natural gas properties (71,515)  
Investment in oil and natural gas properties and equipment (383,953) (423,092)
Proceeds from sales of assets and other, net 0 21,011
Change in restricted cash 0 (16,459)
Purchases of furniture, fixtures and other (2,181) (1,327)
Net cash used in investing activities (457,649) (419,867)
Financing activities:    
Borrowings of long-term debt - revolving bank credit facility 378,000 335,000
Repayments of long-term debt - revolving bank credit facility (321,000) (368,000)
Dividends to shareholders (22,695) (19,570)
Other (181) (414)
Net cash provided by (used in) financing activities 34,124 (52,984)
Increase in cash and cash equivalents 1,420 2,982
Cash and cash equivalents, beginning of period 15,800 12,245
Cash and cash equivalents, end of period $ 17,220 $ 15,227