Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Cash Flows

v3.7.0.1
Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 6,542 $ (8,142)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Loss (income) from discontinued operations 344 (7,786)
Depreciation, depletion and amortization 3,839 4,180
Other amortization 201 1,076
Unrealized foreign exchange loss (580) (102)
Stock-based compensation 783 1,434
Commodity derivatives loss 50 578
Bad debt provision 281 514
Other operating income, net (167) (18)
Change in operating assets and liabilities:    
Trade receivables (1,314) (2,010)
Accounts with partners 2,610 9,043
Other receivables 58 (52)
Crude oil inventory (39) (65)
Value added tax and other receivables (1,130) (1,236)
Prepayments and other 395 (334)
Accounts payable (4,274) (11,591)
Accrued liabilities and other (977) 144
Net cash provided by (used in) continuing operating activities 6,622 (14,367)
Net cash provided by (used in) discontinued operating activities (4,049) 15,996
Net cash provided by operating activities 2,573 1,629
CASH FLOWS FROM INVESTING ACTIVITIES:    
(Increase) decrease in restricted cash (61) 265
Acquisitions 64  
Property and equipment expenditures (1,032) (10,448)
Proceeds from sales of oil and gas properties 250  
Premiums paid   (824)
Net cash used in continuing investing activities (779) (11,007)
Net cash used in discontinued investing activities   (2,221)
Net cash used in investing activities (779) (13,228)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from the issuances of common stock 38  
Debt issuance costs   (77)
Debt repayment (5,833)  
Borrowings 4,167  
Net cash used in continuing financing activities (1,628) (77)
Net cash used in by financing activities (1,628) (77)
NET CHANGE IN CASH AND CASH EQUIVALENTS 166 (11,676)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 20,474 25,357
CASH AND CASH EQUIVALENTS AT END OF PERIOD 20,640 13,681
Supplemental disclosure of cash flow information:    
Interest paid, net of capitalized interest 574 772
Income taxes paid 9,142 4,435
Supplemental disclosure of non-cash investing and financing activities:    
Property and equipment additions incurred but not paid at period end 423 2,111
Asset retirement obligation $ (103) $ 42