Battalion oil corp (HK)
CashFlow / Yearly
Dec'18Dec'17Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Cash flows from operating activities:
Net income (loss)

45,959

535,686

-1,922,621

315,956

-1,222,662

-53,885

-1,403

2,417

-58,383

Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depletion, depreciation and accretion

77,527

110,207

364,204

534,421

463,655

90,284

22,986

28,752

-

Accretion expense

-

-

-

-

-

-

-

-

1,976

Full cost ceiling impairment

-

-

2,626,305

239,668

1,147,771

-

-

-

47,613

(Gain) loss on sale of oil and natural gas properties

-7,235

721,573

-

-

-

-

-

-

-

(Gain) loss on sale of Water Assets

119,003

-

-

-

-

-

-

-

-

Gain on sale of oil and natural gas assets

-

-

-

-

-

-

-

-

-35

Other operating property and equipment impairment

-

-

-

35,558

67,454

-

-

-

-

Goodwill impairment

-

-

-

-

228,875

-

-

-

-

Depletion, depreciation and accretion

-

-

-

-

-

-

-

-

31,650

Deferred income tax provision (benefit)

95,791

-

-

-

-159,239

-13,060

6,549

577

-16,865

Stock-based compensation, net

15,266

36,757

14,529

18,733

17,112

4,573

3,584

3,110

2,179

Unrealized loss (gain) on derivative contracts

84,274

-16,468

-129,282

508,285

-8,728

-11,727

2,954

1,498

-32,147

Amortization and write-off of deferred loan costs

1,405

1,795

7,357

4,315

2,656

6,212

3,663

2,088

-

Amortization of discount and premium

288

2,597

-

-

-

-

-

-

-

Reorganization items, net

-

-739

-

-

-

-

-

-

-

Non-cash interest and amortization of discount and premium

-

-

2,509

2,780

2,025

9,387

362

3,086

-

Loss (gain) on extinguishment of debt

-

-114,931

761,804

-

-

-

-

-

-

Loss (gain) on extinguishment of Convertible Note and modification of February 2012 Warrants

-

-

-8,219

-

-

-

-

-

-

Accrued settlements on derivative contracts

-

-

-47,011

-25,868

-

-

-

-

-

Other income (expense)

1,608

3,331

-8,934

2,435

-1,427

352

-223

612

-448

Change in assets and liabilities:
Accounts receivable

-378

-103,166

-86,411

-85,767

96,216

93,120

-295

-3,704

650

Inventory

-

-

592

-455

504

-1,194

927

-518

-

Derivative premium

-

-

-

-

-

-

-4,889

4,468

1,781

Prepaids and other

-5,840

3,688

-4,306

-7,019

8,734

749

-403

-1,141

-905

Accounts payable and accrued liabilities

22,351

-77,685

-53,029

-40,150

41,576

122,149

-7,835

-940

-

Accounts payable and proceeds due others

-

-

-

-

-

-

-

-

-10,641

Accrued liabilities and other

-

-

-

-

-

-

-

-

-15,387

Restricted cash

-

-

-

-

-

-

-

-

-16,000

Income taxes payable

-

-

-

-

-

-

-

-

256

Asset retirement obligations

-

-

-

-

-

-

-

-

-377

Total adjustments

-

-

-

-

-

-

-

-

90,755

Net cash provided by (used in) operating activities

67,155

114,591

466,999

667,934

493,924

84,360

29,835

37,875

32,372

Cash flows from investing activities:
Oil and natural gas capital expenditures

475,685

331,257

659,419

1,524,341

2,380,445

1,183,295

25,214

33,535

-

Proceeds received from sales of oil and natural gas assets

3,816

2,003,894

-

-

-

-

-

-

-

Acquisition of oil and natural gas properties

333,857

1,018,546

-

-

-

-

-

-

-

Acquisition of other operating property and equipment

-

25,538

-

-

-

-

-

-

-

Other operating property and equipment capital expenditures

116,995

53,214

-

-

-

-

-

-

-

Acquisition of Williston Basin Assets

-

-

-

-

32,713

-

-

-

-

Proceeds received from sales of property and equipment

-

-

-

-

-

-

-

4

434

Oil and natural gas capital expenditures

-

-

-

-

-

-

-

-

29,871

Proceeds received from sales of oil and natural gas assets

-

-

1,222

484,184

448,299

21,964

462

49,366

6,120

Advance on carried interest

-

-

-

189,442

-

-

-

-

-

Other operating property and equipment capital expenditures

-

-

10,838

43,083

139,295

-

-

-

-

Proceeds received from sale of other operating property and equipment

216,083

21,798

-

-

-

-

-

-

-

Other operating property and equipment capital expenditures

-

-

-

-

-

38,478

672

865

604

Funds held in escrow and other

-153

-1,455

-1,903

-1,589

-3,455

965

-48

-

-

Net cash provided by (used in) investing activities

-706,485

598,592

-667,132

-1,271,093

-2,100,699

-2,832,466

-25,376

14,970

-23,921

Cash flows from financing activities:
Proceeds from borrowings

438,000

1,349,000

1,834,000

2,276,000

3,725,000

2,466,608

250,167

46,340

30,022

Repayments of borrowings

232,000

1,922,826

1,643,804

1,719,000

2,644,400

655,000

245,621

98,490

36,156

Cash payments to Common Holders, Noteholders and Preferred Holders

-

83,653

-

-

-

-

-

-

-

Debt issuance costs

4,334

17,799

29,568

819

23,873

52,878

7,825

-

-

Preferred stock issued

-

400,055

-

-

-

-

-

-

-

Common stock repurchased

-

-

-

-

-

2,139

183

787

28

Series A preferred stock issued

-

-

-

-

345,000

-

-

-

-

Series A preferred dividends

-

-

8,177

4,960

-

-

-

-

-

Preferred stock issued

-

-

-

-

-

311,556

-

-

-

Preferred beneficial conversion feature

-

-

-

-

-

88,445

-

-

-

Common stock issued

63,480

-

15,356

-

222,870

569,000

-

-

-

Warrants issued

-

-

-

-

-

43,590

-

-

-

HK TMS, LLC preferred stock issued

-

-

-

110,051

-

-

-

-

-

HK TMS, LLC tranche rights

-

-

-

4,516

-

-

-

-

-

Preferred dividends on redeemable noncontrolling interest

-

-

-

3,518

-

-

-

-

-

Restricted cash

-

-

543

16,131

-

-

-

-

-

Equity issuance costs and other

3,021

13,913

2,818

2,101

17,494

18,619

-

-

-

Net cash provided by (used in) financing activities

262,125

-289,136

164,446

644,038

1,607,103

2,750,563

-4,447

-52,937

-8,486

Net increase (decrease) in cash, cash equivalents and restricted cash

-377,205

424,047

-

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

-

-

-35,687

40,879

328

2,457

12

-92

-35

Payments for deferred loan costs

-

-

-

-

-

-

-

-

2,324

Offering costs

-

-

-

-

-

-

985

-

-

Supplemental cash flow information:
Cash paid (received) for interest

37,526

90,835

-

-

-

-

-

-

-

Cash paid for interest, net of capitalized interest

-

-

204,178

132,557

25,462

11,705

554

380

13,428

Cash paid (refunded) for income taxes

-5,000

1,250

-3,078

-8,600

9,014

89

15,326

17,988

303

Cash paid for reorganization items

-

739

-

-

-

-

-

-

-

Disclosure of non-cash investing and financing activities:
Accrued capitalized interest

-

-

-1,417

-1,180

9,890

33,814

-

-

-

Asset retirement obligations

2,217

-29,313

6,742

-1,262

-39,472

-

-

-

-

Accretion of non-cash preferred dividend

-

48,007

-

-

-

-

-

-

-

Non-cash preferred dividend

-

-

-

-

-

88,445

-

-

-

Asset retirement obligations

-

-

-

-

-

8,587

956

3,006

-

Series A preferred dividends paid in common stock

-

-

9,802

14,878

9,092

-

-

-

-

Preferred dividends on redeemable noncontrolling interest paid-in-kind

-

-

12,614

3,025

-

-

-

-

-

Accretion of redeemable noncontrolling interest

-

-

53,561

6,633

-

-

-

-

-

Change in fair value of redeemable noncontrolling interest

-

-

645

-

-

-

-

-

-

Accrued debt issuance costs

-

-

1,176

-

-

-

-

-

-

Common stock issuance on conversion of senior notes

-

-

231,383

-

-

-

-

-

-

Amortization of deferred loan costs

-

-

-

-

-

-

-

-

1,642

Payment-in-kind interest

-

-

-

-

-

14,669

-

-

1,605

Common stock issued for GeoResources, Inc.

-

-

-

-

-

321,416

-

-

-

Common stock issued for East Texas Assets

-

-

-

-

-

130,623

-

-

-

Preferred stock issued for Williston Basin Assets

-

-

-

-

-

695,238

-

-

-

Third Lien Notes issued on conversion of senior notes

-

-

1,017,970

-

-

-74,669

-

-

-

2022 Second Lien Notes issued on conversion of senior notes

-

-

112,826

-

-

-

-

-

-

Accrued debt issuance costs

-90

90

-

-

-

-

-

-

-

Asset retirement obligations

-

-

-

-

-

-

-

-

-4,724

Receipt of common stock for settlement of contingent receivable

-

-

-

-

-

-

-

-

2,134