CONTANGO OIL & GAS CO | 2013 | FY | 3

Included in the table below is supplemental information about non-cash transactions related to the Merger during the year ended December 31, 2013, in thousands:

Years Ended December 31,

2013

2012

2011
Cash payments:





Interest payments
$
1,056

 
$
71

 
$
49

Income tax payments
341

 
24,307

 
29,961

Non-cash items excluded from investing activities in the consolidated statements of cash flows:
 
 
 
 
 
Increase (decrease) in accrued capital expenditures
7,004

 
1,192

 
(2,315
)
Assets acquired & liabilities assumed in the Merger:
 
 
 
 
 
Accounts receivable
12,955

 
—

 
—

Prepaids
639

 
—

 
—

Proved natural gas and oil properties
413,916

 
—

 
—

Deferred tax asset and other
24,940

 
—

 
—

Accounts payable and accrued liabilities
(60,110
)
 
—

 
—

Other non-current liabilities
(256
)
 
—

 
—

Long-term debt
(235,373
)
 
—

 
—

Asset retirement obligations
(11,183
)
 
—

 
—

Non-cash items excluded from financing activities in the consolidated statements of cash flows:
 
 
 
 
 
Issuance of common stock in connection with the merger
145,870

 
—
 
—

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