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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:    
Net income (loss) $ 18,539 $ (28,317)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depletion, depreciation and accretion 51,915 45,408
Stock-based compensation, net 2,210 2,010
Unrealized loss (gain) on derivative contracts (20,256) 47,721
Amortization of deferred loan costs 5,448 379
Reorganization items, net (744)  
Loss (gain) on extinguishment of debt   (1,946)
Accrued settlements on derivative contracts 4,302 7,030
Change in fair value of embedded derivative liability (1,819)  
Other expense (income) (77) (567)
Change in assets and liabilities:    
Accounts receivable 594 (4,647)
Prepaids and other 234 636
Accounts payable and accrued liabilities 18,455 865
Net cash provided by (used in) operating activities 78,801 68,572
Cash flows from investing activities:    
Oil and natural gas capital expenditures (125,465) (52,557)
Proceeds received from sales of oil and natural gas assets 332 947
Other operating property and equipment capital expenditures (1,160) (371)
Other 163 68
Net cash provided by (used in) investing activities (126,130) (51,913)
Cash flows from financing activities:    
Proceeds from borrowings 35,200 374,000
Repayments of borrowings (95) (332,085)
Payment of deferred financing costs (2,887) (14,220)
Other (432) (290)
Net cash provided by (used in) financing activities 31,786 27,405
Net increase (decrease) in cash, cash equivalents and restricted cash (15,543) 44,064
Cash, cash equivalents and restricted cash at beginning of period 48,359 4,295
Cash, cash equivalents and restricted cash at end of period 32,816 48,359
Supplemental cash flow information:    
Cash paid (received) for interest 19,933 8,485
Cash paid for reorganization items 744  
Disclosure of non-cash investing and financing activities:    
Asset retirement obligations 3,692 836
Accrued capital expenditures $ 14,883 $ (3,733)