XML 21 R6.htm IDEA: XBRL DOCUMENT v2.3.0.15
Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Operating activities  
Net income$ 2,517$ 1,192
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation, depletion, and amortization1,9321,801
Amortization of loan fees-interest expense5875
Accretion on asset retirement obligation7436
Loss (gain) on sale of assets(30)(15)
Compensation and services paid in stock options and stock10776
Deferred tax expense1,564614
Loss (gain) on derivatives(114)(794)
Changes in assets and liabilities:  
Accounts receivable(368)(128)
Accounts receivable - related party533(1,235)
Inventory(56)17
Other assets(72)(22)
Accounts payable-trade856(39)
Accounts payable-other(533)1,235
Accrued liabilities53168
Settlement on asset retirement obligation(142)(60)
Net cash provided by operating activities6,3792,921
Investing activities  
Net additions to pipeline facilities (22)
Net additions to oil and gas properties(5,891)(2,400)
Net additions to methane project(539) 
Net additions to other property and equipment(28)(16)
Derivative costs and settlements(1,236)(29)
Net cash used in investing activities(7,694)(2,467)
Financing activities  
Repayments of borrowings(138)(470)
Proceeds from borrowings1,415 
Loan fees(60)(50)
Proceeds from exercise of options2815
Net cash provided by (used in) financing activities1,245(505)
Net change in cash and cash equivalents(70)(51)
Cash and cash equivalents, beginning of period141422
Cash and cash equivalents, end of period71371
Supplemental cash flow information:  
Cash interest payments413441
Supplemental non-cash investing and financing activities:  
Financed company vehicles$ 154$ 44