Quarterly report pursuant to Section 13 or 15(d)

Supplemental Guarantor Information - Condensed Consolidating Statement of Cash Flows (Details)

v3.3.0.814
Supplemental Guarantor Information - Condensed Consolidating Statement of Cash Flows (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Operating activities:    
Net income (loss) $ (255,095) $ 11,189
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, depletion, amortization and accretion 125,467 123,306
Ceiling test write-down of oil and natural gas properties 260,390 0
Amortization of debt issuance costs and premium 156 187
Share-based compensation 2,816 3,758
Derivative loss 0 7,492
Cash payments on derivative settlements   (4,670)
Deferred income taxes (103,574) 6,645
Changes in operating assets and liabilities:    
Oil and natural gas receivables 21,121 2,815
Joint interest and other receivables 14,533 2,286
Income taxes (325) (35)
Prepaid expenses and other assets 17,246 2,709
Asset retirement obligation settlements (19,554) (16,342)
Accounts payable, accrued liabilities and other (10,263) (3,285)
Net cash provided by operating activities 52,918 136,055
Investing activities:    
Investment in oil and natural gas properties and equipment (82,765) (95,067)
Changes in operating assets and liabilities associated with investing activities (52,176) (17,565)
Purchases of furniture, fixtures and other (226) (260)
Net cash used in investing activities (135,167) (112,892)
Financing activities:    
Borrowings of long-term debt - revolving bank credit facility 82,000 92,000
Repayments of long-term debt - revolving bank credit facility (15,000) (103,000)
Dividends to shareholders   (7,563)
Other (50) (65)
Net cash provided by (used in) financing activities 66,950 (18,628)
Increase (decrease) in cash and cash equivalents (15,299) 4,535
Cash and cash equivalents, beginning of period 23,666 15,800
Cash and cash equivalents, end of period 8,367 20,335
Parent Company    
Operating activities:    
Net income (loss) (255,095) 11,189
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, depletion, amortization and accretion 75,152 62,431
Ceiling test write-down of oil and natural gas properties 190,695  
Amortization of debt issuance costs and premium 156 187
Share-based compensation 2,816 3,758
Derivative loss   7,492
Cash payments on derivative settlements   (4,670)
Deferred income taxes (83,649) 15,335
Earnings (loss) of affiliates 65,627 (12,451)
Changes in operating assets and liabilities:    
Oil and natural gas receivables 14,636 4,020
Joint interest and other receivables 14,533 2,286
Income taxes 15,287 (15,321)
Prepaid expenses and other assets (21,690) (58,791)
Asset retirement obligation settlements (19,122) (8,878)
Accounts payable, accrued liabilities and other (40,260) 86,795
Net cash provided by operating activities (40,914) 93,382
Investing activities:    
Investment in oil and natural gas properties and equipment (18,750) (71,636)
Changes in operating assets and liabilities associated with investing activities (22,562) 6,316
Investment in subsidiary 203 (4,639)
Purchases of furniture, fixtures and other (226) (260)
Net cash used in investing activities (41,335) (70,219)
Financing activities:    
Borrowings of long-term debt - revolving bank credit facility 82,000 92,000
Repayments of long-term debt - revolving bank credit facility (15,000) (103,000)
Dividends to shareholders   (7,563)
Other (50) (65)
Net cash provided by (used in) financing activities 66,950 (18,628)
Increase (decrease) in cash and cash equivalents (15,299) 4,535
Cash and cash equivalents, beginning of period 23,666 15,800
Cash and cash equivalents, end of period 8,367 20,335
Guarantor Subsidiaries    
Operating activities:    
Net income (loss) (65,627) 12,451
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, depletion, amortization and accretion 50,315 60,875
Ceiling test write-down of oil and natural gas properties 69,695  
Deferred income taxes (19,925) (8,690)
Changes in operating assets and liabilities:    
Oil and natural gas receivables 6,485 (1,205)
Income taxes (15,612) 15,286
Prepaid expenses and other assets 68,599 (29,717)
Asset retirement obligation settlements (432) (7,464)
Accounts payable, accrued liabilities and other 334 1,137
Net cash provided by operating activities 93,832 42,673
Investing activities:    
Investment in oil and natural gas properties and equipment (64,015) (23,431)
Changes in operating assets and liabilities associated with investing activities (29,614) (23,881)
Net cash used in investing activities (93,629) (47,312)
Financing activities:    
Investment from parent (203) 4,639
Net cash provided by (used in) financing activities (203) 4,639
Eliminations    
Operating activities:    
Net income (loss) 65,627 (12,451)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Earnings (loss) of affiliates (65,627) 12,451
Changes in operating assets and liabilities:    
Prepaid expenses and other assets (29,663) 91,217
Accounts payable, accrued liabilities and other 29,663 (91,217)
Investing activities:    
Investment in subsidiary (203) 4,639
Net cash used in investing activities (203) 4,639
Financing activities:    
Investment from parent 203 (4,639)
Net cash provided by (used in) financing activities $ 203 $ (4,639)