Annual report pursuant to Section 13 and 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

v3.6.0.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
4 Months Ended 8 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 12, 2016
Dec. 31, 2015
Dec. 31, 2014
Derivatives Settled to Pay Down Revolver $ 0 $ 51,979 $ 0 $ 0
CASH FLOWS FROM OPERATING ACTIVITIES        
Net income (loss) (5,296) 1,054,602 (1,582,961) (409,592)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:        
Non-Cash Reorganization Items 0 (1,178,302) 0 0
Depreciation, depletion and amortization 11,652 33,582 334,479 300,299
Impairments 0 0 1,397,424 791,809
Accretion of firm transportation obligation 0 317 942 1,301
Derivative contracts:        
Net losses (gains) 16,622 8,333 (71,247) (162,212)
Cash settlements, net 384 48,008 138,169 (7,424)
Deferred income tax benefit 0 0 (4,712) (135,227)
Loss (gain) on sales of assets, net 49 (1,261) (41,335) (120,769)
Non-cash exploration expense 0 6,038 5,759 10,346
Non-cash interest expense 226 22,189 4,749 4,197
Share-based compensation (equity-classified) 81 1,511 4,540 3,627
Other, net 21 (13) 13 94
Changes in operating assets and liabilities:        
Accounts receivable, net 10,791 12,273 137,854 (20,169)
Accounts payable and accrued expenses (3,887) 22,469 (152,553) 27,362
Other assets and liabilities 131 501 (1,818) (918)
Net cash provided by operating activities 30,774 30,247 169,303 282,724
CASH FLOWS FROM INVESTING ACTIVITIES        
Capital expenditures (4,812) (15,359) (364,844) (774,139)
Receipts to settle working capital adjustments assumed in acquisition, net 0 0 0 33,712
Proceeds from sales of assets, net 0 224 85,189 313,933
Other Investing Activities, Net (104) 1,186 0 0
Net cash used in investing activities (4,916) (13,949) (279,655) (426,494)
CASH FLOWS FROM FINANCING ACTIVITIES        
Proceeds from credit facility borrowings 0 75,350 233,000 412,000
Repayment of credit facility borrowings (50,350) (119,121) (98,000) (583,000)
Proceeds from the issuance of preferred stock, net 0 0 0 313,330
Payments to induce conversion of preferred stock 0 0 0 (4,256)
Debt issuance costs paid 0 (3,011) (744) (151)
Proceeds Received from Rights Offering 0 49,943 0 0
Dividends paid on preferred stock 0 0 (18,201) (12,803)
Other, net (161) 0 0 1,428
Net cash (used in) provided by financing activities (50,511) 3,161 116,055 126,548
Net (decrease) increase in cash and cash equivalents (24,653) 19,459 5,703 (17,222)
Cash and cash equivalents - beginning of period 31,414 11,955 6,252 23,474
Cash and cash equivalents - end of period 6,761 31,414 11,955 6,252
Cash paid for:        
Cash paid for interest (net of amounts capitalized) 598 4,331 86,226 84,797
Cash paid for income taxes (net of refunds) (7) (35) (714) 3,612
Payments for Restructuring 525 30,990 0 0
Common Stock Issued in Exchange for Liabilities 0 140,952 0 0
Changes in accrued liabilities related to capital expenditures $ (997) $ (11,301) $ (55,660) $ (24,715)