| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | |
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ||||||
-929,622 | -3,249,347 | - | - | - | - | |
Net Income (Loss) Attributable to Parent | ||||||
- | - | - | - | -131,793 | 99,200 | |
Adjustments to reconcile net loss to cash from operating activities: | ||||||
Depreciation, depletion and amortization | ||||||
132,292 | 160,942 | - | - | - | - | |
Non-cash lease expense | ||||||
3,122 | 0 | - | - | - | - | |
Provision for uncollectible receivables | ||||||
3,528 | 22,438 | - | - | - | - | |
Impairment of assets | ||||||
905,293 | 3,205,051 | - | - | - | - | |
Non-cash reorganization items, net | ||||||
26,160 | 0 | - | - | - | - | |
Depreciation, depletion, and amortization expense | ||||||
- | - | - | - | 143,969 | 141,804 | |
Impairment expense | ||||||
- | - | - | - | 176,774 | 74,927 | |
Accretion expense | ||||||
- | - | - | - | 2,076 | 2,198 | |
Amortization of deferred financing costs | ||||||
658 | 526 | - | - | 3,392 | 2,885 | |
Amortization of Debt Discount (Premium) | ||||||
-3,400 | -4,500 | - | - | 510 | 510 | |
Allocated Share-based Compensation Expense | ||||||
6,412 | 22,025 | - | - | - | - | |
Non-cash exploration expense | ||||||
43,412 | 26,055 | - | - | - | - | |
Exploratory dry hole expense | ||||||
- | - | - | - | 22,708 | 30,294 | |
Non-cash exploration expense | ||||||
- | - | - | - | 6,526 | 4,319 | |
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net | ||||||
-11,744 | -10,247 | - | - | 124,141 | 96,559 | |
Cash settlements of derivatives | ||||||
7,642 | -38,961 | - | - | - | - | |
Premium paid on derivatives | ||||||
1,906 | 0 | - | - | - | - | |
Cash settlements of derivatives | ||||||
- | - | - | - | -106,949 | -9,493 | |
Paid-in-Kind Interest | ||||||
0 | 0 | - | - | 1,208 | 1,209 | |
Interest added to notes receivable from related party | ||||||
0 | 949 | - | - | 713 | - | |
Loss on sale of property and equipment | ||||||
-106 | -388 | - | - | - | - | |
Income (Loss) from Equity Method Investments | ||||||
6,216 | 0 | - | - | - | - | |
Gain on sale of assets | ||||||
- | - | - | - | 67,781 | 87,520 | |
Impact on cash from changes in: | ||||||
Restricted cash | ||||||
- | - | - | - | - | 106 | |
Accounts receivable | ||||||
-26,323 | -18,011 | - | - | -16,470 | 95 | |
Other receivables | ||||||
-4,988 | 4,045 | - | - | 10,288 | 5,686 | |
Related party receivables | ||||||
- | - | - | - | 1,725 | - | |
Related party receivables and payables | ||||||
-145 | 11,468 | - | - | - | - | |
Prepaid expenses and other assets | ||||||
29,078 | -11,149 | - | - | 2,269 | -7,251 | |
Advances from related party | ||||||
-6,664 | -37,668 | - | - | - | - | |
Settlement of asset retirement obligations | ||||||
234 | 1,610 | - | - | 1,794 | 3,942 | |
Accounts payable, accrued liabilities and other liabilities | ||||||
4,216 | -41,463 | - | - | 3,900 | 4,702 | |
Operating lease obligations | ||||||
-2,771 | 0 | - | - | - | - | |
Cash from operating activities | ||||||
143,798 | 86,809 | - | - | - | - | |
Cash flows from investing activities: | ||||||
Payments to Explore and Develop Oil and Gas Properties | ||||||
327,567 | 762,760 | - | - | 223,604 | 366,090 | |
Acquisitions, net of cash acquired | ||||||
0 | 823,778 | - | - | 48,202 | 18,110 | |
Proceeds withdrawn from trust account | ||||||
- | - | - | - | 141,404 | 177,476 | |
Proceeds withdrawn from Trust Account | ||||||
0 | 1,042,742 | - | - | - | - | |
Proceeds from (Contribution to) equity method investment and other | ||||||
-7,238 | 17,063 | - | - | - | - | |
Proceeds from sale of assets | ||||||
0 | 312 | - | - | - | - | |
Net cash used in operating activities | ||||||
- | - | - | - | 143,978 | 184,884 | |
Cash from investing activities | ||||||
-320,329 | -560,547 | - | - | - | - | |
Cash flows from financing activities: | ||||||
Net increase in cash | ||||||
- | - | - | - | 7,520 | -5,188 | |
Proceeds from long-term debt borrowings | ||||||
254,362 | 431,500 | - | - | 252,500 | 169,500 | |
Repayments of long-term debt | ||||||
9,496 | 273,565 | - | - | 295,020 | 169,270 | |
Payment of taxes withheld on equity-based compensation awards | ||||||
142 | 0 | - | - | - | - | |
Deferred financing costs paid | ||||||
0 | 3,722 | - | - | - | - | |
Deferred financing costs paid | ||||||
- | - | - | - | 4,313 | 42 | |
Purchase and retirement of Class A common shares | ||||||
0 | 14,750 | - | - | - | - | |
Capital contributions (distributions) | ||||||
0 | 0 | - | - | 3,810 | 539 | |
Capital contributions | ||||||
- | - | - | - | 20,000 | - | |
Proceeds from Issuance of Common Stock | ||||||
0 | 400,000 | - | - | - | - | |
Proceeds from property divestiture classified as restricted cash | ||||||
- | - | - | - | - | 41,590 | |
Investment in restricted cash related to property divestitures | ||||||
- | - | - | - | -24,587 | 24,587 | |
Net cash used in investing activities | ||||||
- | - | - | - | -105,815 | -189,721 | |
Repayment of sponsor note | ||||||
0 | 2,000 | - | - | - | - | |
Repayment of deferred underwriting compensation | ||||||
0 | 36,225 | - | - | - | - | |
Redemption of Class A common shares | ||||||
0 | 33 | - | - | - | - | |
Cash from financing activities | ||||||
244,724 | 501,205 | - | - | - | - | |
Net increase in cash, cash equivalents and restricted cash | ||||||
68,193 | 27,467 | - | - | - | - | |
Net cash provided by financing activities | ||||||
- | - | - | - | -30,643 | -351 | |
Predecessor | ||||||
Net income (loss) | ||||||
- | - | -77,661 | -167,921 | - | - | |
Depreciation, depletion and amortization | ||||||
- | - | 113,634 | 95,075 | - | - | |
Provision for uncollectible receivables | ||||||
- | - | 0 | 0 | - | - | |
Impairment of assets | ||||||
- | - | 30,317 | 16,306 | - | - | |
Amortization of deferred financing costs | ||||||
- | - | 2,732 | 3,905 | - | - | |
Amortization of debt premium | ||||||
- | - | 0 | 468 | - | - | |
Equity-based compensation expense | ||||||
- | - | 0 | 0 | - | - | |
Exploratory dry hole expense | ||||||
- | - | 2,500 | 419 | - | - | |
Non-cash exploration expense | ||||||
- | - | 9,125 | 11,158 | - | - | |
(Gain) loss on derivatives | ||||||
- | - | 8,287 | -40,460 | - | - | |
Cash settlements of derivatives | ||||||
- | - | 4,117 | 88,689 | - | - | |
Cash paid for derivatives | ||||||
- | - | 520 | 0 | - | - | |
Loss on debt extinguishment | ||||||
- | - | 0 | -18,151 | - | - | |
Interest converted into debt | ||||||
- | - | 1,209 | 1,209 | - | - | |
Interest added to notes receivable from affiliate | ||||||
- | - | 867 | 774 | - | - | |
(Gain) loss on sale of property and equipment | ||||||
- | - | -22,179 | 3,542 | - | - | |
Gain on acquisitions of oil and gas properties | ||||||
- | - | 3,294 | 0 | - | - | |
Accounts receivable | ||||||
- | - | 43,530 | 10,500 | - | - | |
Other receivables | ||||||
- | - | -6,519 | -10,465 | - | - | |
Receivables from related party | ||||||
- | - | -218 | -45 | - | - | |
Prepaid expenses and other assets | ||||||
- | - | 6,203 | 819 | - | - | |
Advances from related party | ||||||
- | - | -19,138 | 42,528 | - | - | |
Settlement of asset retirement obligations | ||||||
- | - | 6,409 | 2,125 | - | - | |
Accounts payable, accrued liabilities and other liabilities | ||||||
- | - | -2,170 | 0 | - | - | |
Accounts payable, accrued liabilities and other liabilities | ||||||
- | - | 34,857 | -11,493 | - | - | |
Cash from operating activities | ||||||
- | - | 59,328 | 131,704 | - | - | |
Capital expenditures | ||||||
- | - | 313,961 | 214,061 | - | - | |
Acquisitions, net of cash acquired | ||||||
- | - | 55,605 | 11,527 | - | - | |
Proceeds withdrawn from trust account | ||||||
- | - | 0 | 0 | - | - | |
Investment in equity affiliate and other, net | ||||||
- | - | 1,515 | 0 | - | - | |
Proceeds from sale of assets | ||||||
- | - | 25,205 | 1,290 | - | - | |
Cash from investing activities | ||||||
- | - | -345,876 | -224,298 | - | - | |
Proceeds from long-term debt borrowings | ||||||
- | - | 373,065 | 722,557 | - | - | |
Repayments of long-term debt | ||||||
- | - | 296,622 | 921,034 | - | - | |
Deferred financing costs paid | ||||||
- | - | 398 | 13,747 | - | - | |
Purchase and retirement of Class A common shares | ||||||
- | - | 0 | 0 | - | - | |
Capital distributions | ||||||
- | - | 0 | 0 | - | - | |
Capital contributions | ||||||
- | - | 207,875 | 303,462 | - | - | |
Proceeds from issuance of Class A shares | ||||||
- | - | 0 | 0 | - | - | |
Repayment of sponsor note | ||||||
- | - | 0 | 0 | - | - | |
Repayment of deferred underwriting compensation | ||||||
- | - | 0 | 0 | - | - | |
Redemption of Class A common shares | ||||||
- | - | 0 | 0 | - | - | |
Cash from financing activities | ||||||
- | - | 283,920 | 91,238 | - | - | |
Net increase in cash, cash equivalents and restricted cash | ||||||
- | - | -2,628 | -1,356 | - | - | |