Annual report pursuant to Section 13 and 15(d)

Consolidated Statements Of Cash Flows

v3.8.0.1
Consolidated Statements Of Cash Flows
$ in Thousands
 12 Months Ended
Dec. 31, 2017
USD ($)
Operating activities:  
Net income (loss) $ 79,682
Adjustments to reconcile net income (loss) to net cash provided by operating activities:  
Depreciation, depletion, amortization and accretion 155,682
Ceiling test write-down of oil and natural gas properties 0
Gain on exchange of debt (7,811)
Debt issuance costs write-down/amortization of debt items 1,715
Share-based compensation 7,191
Derivative (gain) loss (4,199)
Cash receipts on derivative settlements, net 4,199
Deferred income taxes 217
Changes in operating assets and liabilities:  
Oil and natural gas receivables (2,370)
Joint interest receivables 2,131
Insurance reimbursements 31,740
Income taxes (1,063)
Prepaid expenses and other assets 3,238
Escrow deposit - Apache lawsuit (49,500)
Asset retirement obligation settlements (72,409)
Accounts payable, accrued liabilities and other 10,965
Net cash provided by (used in) operating activities 159,408
Investing activities:  
Investment in oil and natural gas properties and equipment (130,048)
Changes in operating assets and liabilities associated with investing activities 23,874
Purchases of furniture, fixtures and other (933)
Net cash provided by (used in) investing activities (107,107)
Financing activities:  
Debt exchange/issuance costs (421)
Other (1,295)
Net cash provided by (used in) financing activities (23,479)
Increase (decrease) in cash and cash equivalents 28,822
Cash and cash equivalents, beginning of period 70,236
Cash and cash equivalents, end of period 99,058
11.00% 1.5 Lien Term Loan, Due November 2019  
Financing activities:  
Payment of interest (8,227)
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)