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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
1 Months Ended 2 Months Ended 3 Months Ended 4 Months Ended 7 Months Ended 9 Months Ended
Aug. 13, 2018
Sep. 30, 2018
Sep. 30, 2017
Aug. 13, 2018
Aug. 13, 2018
Sep. 30, 2018
Sep. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:              
Net income (loss)   $ 13,823          
Adjustments to reconcile net loss to net cash provided by operating activities:              
Deferred income taxes   3,883          
Loss (gain) on sale of oil and gas properties   (98)          
Depreciation, depletion and amortization   17,820          
(Gain) loss on derivative financial instruments   2,015          
Cash settlements of derivative financial instruments   191          
Amortization of debt discount, premium and issuance costs   822          
Stock-based compensation   329          
Decrease (increase) in accounts receivable   (44,884)          
Decrease (increase) in other current assets   (1,326)          
Increase in accounts payable and accrued expenses   11,034          
Net cash provided by operating activities   3,609          
CASH FLOWS FROM INVESTING ACTIVITIES:              
Acquisitions and capital expenditures   (59,017)          
Prepaid drilling costs   (4,768)          
Proceeds from sale of oil and gas properties   13,739          
Net cash used for investing activities   (50,046)          
CASH FLOWS FROM FINANCING ACTIVITIES:              
Borrowings   450,000          
Retirement of long-term debt   (1,291,352)          
Jones contribution   36,365   $ 43,200      
Debt and stock issuance costs   (6,288)          
Income taxes related to equity awards   (4,695)          
Net cash provided by (used for) financing activities   (815,970)          
Net increase (decrease) in cash and cash equivalents   (862,407)          
Cash and cash equivalents, beginning of period   894,187          
Cash and cash equivalents, end of period $ 894,187 31,780   894,187 $ 894,187 $ 31,780  
Predecessor              
CASH FLOWS FROM OPERATING ACTIVITIES:              
Net income (loss)         (92,754)   $ (69,109)
Adjustments to reconcile net loss to net cash provided by operating activities:              
Deferred income taxes         1,052   768
Loss (gain) on sale of oil and gas properties         35,438   1,060
Depreciation, depletion and amortization 14,082   $ 32,783   68,032   93,009
(Gain) loss on derivative financial instruments         (881)   (14,585)
Cash settlements of derivative financial instruments         2,842   5,352
Amortization of debt discount, premium and issuance costs         29,457   24,914
Interest paid in-kind         25,004   28,194
Stock-based compensation         3,912   4,455
Decrease (increase) in accounts receivable         2,834   (11,952)
Decrease (increase) in other current assets         337   (670)
Increase in accounts payable and accrued expenses         10,462   29,327
Net cash provided by operating activities         85,735   90,763
CASH FLOWS FROM INVESTING ACTIVITIES:              
Acquisitions and capital expenditures         (150,106)   (132,493)
Prepaid drilling costs         (3,692)    
Proceeds from sale of oil and gas properties         103,593   1,528
Net cash used for investing activities         (50,205)   (130,965)
CASH FLOWS FROM FINANCING ACTIVITIES:              
Borrowings         865,577    
Retirement of long-term debt         (49,679)    
Common stock warrants exercised             2
Debt and stock issuance costs         (18,127)    
Income taxes related to equity awards         (369)   (312)
Net cash provided by (used for) financing activities         797,402   (310)
Net increase (decrease) in cash and cash equivalents         832,932   (40,512)
Cash and cash equivalents, beginning of period   $ 894,187     61,255 $ 61,255 65,904
Cash and cash equivalents, end of period $ 894,187   $ 25,392 $ 894,187 $ 894,187   $ 25,392