the merger with crimson allowed the company to add significant proved developed and undeveloped reserves ( see item 2 - properties , for details of reserves acquired ) and provided the company with access to several onshore resource plays which have substantial reserve growth potential , including in oil and liquids rich plays that position us to move to a more balanced oil/gas profile . use of estimates the preparation of our financial statements requires the use of estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements , and the reported amounts of revenues and expenses during the reporting periods . actual results could differ from those estimates . significant estimates with regard to these financial statements include estimates of remaining proved natural gas and oil reserves , the timing and costs of our future drilling , development and abandonment activities , and income taxes . related party transactions the company has historically relied on jex and rex to generate its offshore and onshore domestic natural gas and oil prospects . in addition to generating new prospects , jex occasionally evaluated offshore and onshore exploration prospects generated by third-party independent companies for us to purchase . with the merger with crimson , and the technical teams obtained in the merger , the company will be active in identifying onshore opportunities , while continuing its relationship with jex and rex for potential new offshore drilling prospects . see note 17 to our financial statements - `` related party transactions `` for a detailed description of our transactions with jex and rex . 47 see “ risk factors ” on page 18 for a more detailed discussion of a number of other factors that affect our business , financial condition and results of operations . impact of deepwater horizon incident we believe that the deepwater horizon incident continues to have a significant and lasting effect on the u.s. offshore energy industry , and will result in a number of fundamental changes , including heightened regulatory scrutiny , more stringent operating and safety standards , changes in equipment requirements and the availability and cost of insurance , as well as increased politicization of the industry . a significant delay of planned exploratory activities has reduced our longer term ability to replace reserves , resulting in a negative impact on production , including a reduction in operating results and cash flows as we deplete our reserves . there may be other impacts of which we are not aware at this time . the potential for removal of the liability cap for claims of damages from oil spills , and or the enactment of onerous rules and regulations regarding activities in the gulf of mexico could significantly alter our industry . such rules could effectively limit which companies can operate in the gulf of mexico . small and medium-sized oil and gas companies may not be able to obtain insurance coverage at economically appropriate levels or meet financial responsibility requirements and would be forced to exit operations in the gulf of mexico . potentially less attractive economics for offshore exploration and development programs going forward will require companies retaining operations in the gulf of mexico to review their business models . we have drilled , and believe we can continue to drill , safely in the gulf of mexico . however , exploration and production companies will be able to continue doing business in the gulf of mexico only to the extent it remains economically viable . delays and volatility are inherent in our business . we have maintained a capital structure with a strong liquidity position allowing us to manage during periods of uncertainty . we believe we are well-positioned to respond to the increasingly complex regulatory framework for the gulf of mexico . results of operations the table below sets forth our average net daily production data in mmcfed from our fields for each of the periods indicated : replace_table_token_21_th ( 1 ) southeast texas and south texas production is not included in the table above for periods prior to quarter ended december 31 , 2013 , as a result of acquiring these producing properties effective october 1 , 2013 due to the merger . additionally , the `` other `` field only includes ship shoal 263 for periods prior to the quarter ended december 31 , 2013 , and includes additional onshore wells for the quarter ended december31 , 2013. vermilion 170 well in january 2013 , we identified sustained casing pressure between the production tubing and the production casing at our vermilion 170 well . diagnostic tests revealed that the production tubing had parted downhole requiring a workover of the well . well production was shut-in and the original tubing and completion assembly were successfully removed . operations were conducted to replace the tubing and restore the well , which resumed production in june 2013. southeast texas during 2012 , crimson 's southeast texas production averaged approximately 19 mmcfed . for the quarter ended december 31 , 2013 , southeast texas production averaged approximately 24.3 mmcfed . crimson , and then contango , actively developed this area during 2013 , focusing on the horizontal development of the woodbine formation in madison and grimes counties . during 2013 , crimson , and then contango , drilled 12 gross ( eight net ) wells on acreage targeting the woodbine formation . we will continue our focus on further developing our inventory of crude oil and liquids-rich projects in the woodbine formation with a continuous rig program planned for 2014 . 48 south texas during 2012 , crimson 's south texas production averaged approximately 15 mmcfed . for the quarter ended december 31 , 2013 , south texas production averaged approximately 14.7 mmcfed . story_separator_special_tag depreciation , depletion and amortization depreciation , depletion and amortization for the fiscal year ended june 30 , 2013 was approximately $ 41.1 million . this compares to approximately $ 49.1 million for the year ended june 30 , 2012. the decrease in depreciation , depletion and amortization was primarily attributable to a decrease in overall production . depreciation , depletion and amortization for the year ended june 30 , 2012 was approximately $ 49.1 million . this compares to approximately $ 52.2 million for the year ended june 30 , 2011. the decrease in depreciation , depletion and amortization was primarily attributable to an overall decrease in production due to our eloise north well which stopped producing in october 2011 and was subsequently recompleted as our mary rose # 5 well in january 2012. since recompletion , this well has only produced intermittently . partially offsetting this decreased production is our vermilion 170 well which began producing in fiscal year 2012. impairment of natural gas and oil properties for the fiscal year ended june 30 , 2013 , the company recorded impairment expense of approximately $ 14.8 million . of this amount , approximately $ 12.0 million related to our ship shoal 263 well ; $ 2.1 million related to the eugene island 24 platform and other properties , $ 0.5 million related to leasehold costs on our ship shoal 83 prospect which we relinquished in august 2013 , and $ 0.2 million related to leasehold costs on our brazos area 543 prospect . no impairment expense was recorded for the year ended june 30 , 2012. for the year ended june 30 , 2011 , the company recorded impairment expense of approximately $ 1.8 million related to the relinquishment of 14 lease blocks owned by contango and rex . general and administrative expenses general and administrative expenses for the fiscal year ended june 30 , 2013 were approximately $ 14.4 million , compared to $ 10.4 million for the year ended june 30 , 2012. major components of general and administrative expenses for the year ended june 30 , 2013 included approximately $ 6.2 million in salaries and benefits , $ 1.2 million in office administration and other expenses , 55 $ 0.6 million in board of directors compensation , $ 0.6 million in accounting and tax services , $ 1.0 million in franchise taxes , and $ 4.8 million in legal , professional and other administrative expenses , which includes $ 3.0 million attributable to the proposed merger . general and administrative expenses for the year ended june 30 , 2012 were approximately $ 10.4 million , compared to approximately $ 12.3 million for the year ended june 30 , 2011. major components of general and administrative expenses for the year ended june 30 , 2012 included approximately $ 6.6 million in salaries , bonuses , stock-based compensation , benefits and board of directors compensation , $ 0.4 million in insurance costs , $ 0.7 million in accounting and tax services , $ 0.9 million in legal and consulting expenses , $ 0.7 million in franchise taxes , and $ 1.1 million in office administration and other expenses . general and administrative expenses for the year ended june 30 , 2011 were approximately $ 12.3 million . major components of general and administrative expenses for the year ended june 30 , 2011 included approximately $ 9.6 million in salaries , bonuses , stock-based compensation , benefits and board of directors compensation ( includes $ 1.3 million in non-cash expenses related to option awards ) , $ 0.9 million in office administration and other expenses , $ 0.5 million in insurance costs , $ 0.5 million in accounting and tax services , and $ 0.8 million in legal , consulting and other administrative expenses . other income ( expense ) other income for the fiscal year ended june 30 , 2013 included the proceeds of a $ 10 million life insurance policy for the company 's former chairman , president and chief executive officer , mr. peak , who passed away on april 19 , 2013. discontinued operations the table and discussions above , along with our financial statements , discuss only continuing operations for all fiscal years presented . not reflected are the company 's sold producing properties which generated approximately 0 % , 0 % and 5 % of combined revenues for the fiscal year ended june 30 , 2013 , 2012 and 2011 , respectively . see note 18 to our financial statements – `` discontinued operations `` for a discussion of our discontinued operations . story_separator_special_tag compliance with specified financial ratios . our compliance with these covenants is tested each quarter . at december 31 , 2013 , we were in compliance with the covenants under the rbc credit facility . see note 13 to our financial statements - “ long-term debt ” for a more detailed description of terms and provisions of our credit agreement . future capital requirements our future crude oil , natural gas and natural gas liquids reserves and production , and therefore our cash flow and results of operations , are highly dependent on our success in efficiently developing and exploiting our current reserves and economically finding or acquiring additional recoverable reserves . we intend to grow our reserves and production by further exploiting our existing property base through drilling opportunities offshore and those identified in our resource plays in southeast , south and east texas and colorado and in our conventional inventory , with activity in any particular area to be a function of market and field economics . we anticipate that acquisitions , including those of undeveloped leasehold interests , will continue to play a role 57 in our business strategy as those opportunities arise from time to time . there can be no assurance that we will invest , or that any investment entered into will be successful . these potential acquisitions are not part of

capital resources and liquidity our primary cash requirements are for capital expenditures , working capital , operating expenses , acquisitions and principal and interest payments on indebtedness . our primary sources of liquidity are cash generated by operations , net of the realized effect of our hedging agreements , and amounts available to be drawn under our credit facility . the table below summarizes certain measures of liquidity and capital expenditures , as well as our sources of capital from internal and external sources , for the periods indicated . replace_table_token_27_th cash flow from operating activities provided approximately $ 58.5 million in cash for the six months ended december 31 , 2013 compared to $ 46.9 million for the same period in 2012. this increase in cash provided by operating activities was primarily attributable to our merger with crimson , as well as not having any taxes due for the six months ended december 31 , 2013 , and the timing of our payables . cash flow from operating activities provided approximately $ 95.7 million in cash for the year ended june 30 , 2013 compared to $ 73.6 million for the same period in 2012. this increase in cash provided by operating activities was primarily attributable to the timing of payments of the company 's obligations . cash flow from operating activities provided approximately $ 73.6 million in cash for the year ended june 30 , 2012 compared to $ 140.6 million for the same period in 2011. this decrease in cash provided by operating activities was primarily attributable to decreased natural gas , oil and ngl sales and production as well as higher amounts of taxes paid due to reduced drilling activities in 2012 .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```capital resources and liquidity our primary cash requirements are for capital expenditures , working capital , operating expenses , acquisitions and principal and interest payments on indebtedness . our primary sources of liquidity are cash generated by operations , net of the realized effect of our hedging agreements , and amounts available to be drawn under our credit facility . the table below summarizes certain measures of liquidity and capital expenditures , as well as our sources of capital from internal and external sources , for the periods indicated . replace_table_token_27_th cash flow from operating activities provided approximately $ 58.5 million in cash for the six months ended december 31 , 2013 compared to $ 46.9 million for the same period in 2012. this increase in cash provided by operating activities was primarily attributable to our merger with crimson , as well as not having any taxes due for the six months ended december 31 , 2013 , and the timing of our payables . cash flow from operating activities provided approximately $ 95.7 million in cash for the year ended june 30 , 2013 compared to $ 73.6 million for the same period in 2012. this increase in cash provided by operating activities was primarily attributable to the timing of payments of the company 's obligations . cash flow from operating activities provided approximately $ 73.6 million in cash for the year ended june 30 , 2012 compared to $ 140.6 million for the same period in 2011. this decrease in cash provided by operating activities was primarily attributable to decreased natural gas , oil and ngl sales and production as well as higher amounts of taxes paid due to reduced drilling activities in 2012 .
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 Suspicious Activity Report : the merger with crimson allowed the company to add significant proved developed and undeveloped reserves ( see item 2 - properties , for details of reserves acquired ) and provided the company with access to several onshore resource plays which have substantial reserve growth potential , including in oil and liquids rich plays that position us to move to a more balanced oil/gas profile . use of estimates the preparation of our financial statements requires the use of estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements , and the reported amounts of revenues and expenses during the reporting periods . actual results could differ from those estimates . significant estimates with regard to these financial statements include estimates of remaining proved natural gas and oil reserves , the timing and costs of our future drilling , development and abandonment activities , and income taxes . related party transactions the company has historically relied on jex and rex to generate its offshore and onshore domestic natural gas and oil prospects . in addition to generating new prospects , jex occasionally evaluated offshore and onshore exploration prospects generated by third-party independent companies for us to purchase . with the merger with crimson , and the technical teams obtained in the merger , the company will be active in identifying onshore opportunities , while continuing its relationship with jex and rex for potential new offshore drilling prospects . see note 17 to our financial statements - `` related party transactions `` for a detailed description of our transactions with jex and rex . 47 see “ risk factors ” on page 18 for a more detailed discussion of a number of other factors that affect our business , financial condition and results of operations . impact of deepwater horizon incident we believe that the deepwater horizon incident continues to have a significant and lasting effect on the u.s. offshore energy industry , and will result in a number of fundamental changes , including heightened regulatory scrutiny , more stringent operating and safety standards , changes in equipment requirements and the availability and cost of insurance , as well as increased politicization of the industry . a significant delay of planned exploratory activities has reduced our longer term ability to replace reserves , resulting in a negative impact on production , including a reduction in operating results and cash flows as we deplete our reserves . there may be other impacts of which we are not aware at this time . the potential for removal of the liability cap for claims of damages from oil spills , and or the enactment of onerous rules and regulations regarding activities in the gulf of mexico could significantly alter our industry . such rules could effectively limit which companies can operate in the gulf of mexico . small and medium-sized oil and gas companies may not be able to obtain insurance coverage at economically appropriate levels or meet financial responsibility requirements and would be forced to exit operations in the gulf of mexico . potentially less attractive economics for offshore exploration and development programs going forward will require companies retaining operations in the gulf of mexico to review their business models . we have drilled , and believe we can continue to drill , safely in the gulf of mexico . however , exploration and production companies will be able to continue doing business in the gulf of mexico only to the extent it remains economically viable . delays and volatility are inherent in our business . we have maintained a capital structure with a strong liquidity position allowing us to manage during periods of uncertainty . we believe we are well-positioned to respond to the increasingly complex regulatory framework for the gulf of mexico . results of operations the table below sets forth our average net daily production data in mmcfed from our fields for each of the periods indicated : replace_table_token_21_th ( 1 ) southeast texas and south texas production is not included in the table above for periods prior to quarter ended december 31 , 2013 , as a result of acquiring these producing properties effective october 1 , 2013 due to the merger . additionally , the `` other `` field only includes ship shoal 263 for periods prior to the quarter ended december 31 , 2013 , and includes additional onshore wells for the quarter ended december31 , 2013. vermilion 170 well in january 2013 , we identified sustained casing pressure between the production tubing and the production casing at our vermilion 170 well . diagnostic tests revealed that the production tubing had parted downhole requiring a workover of the well . well production was shut-in and the original tubing and completion assembly were successfully removed . operations were conducted to replace the tubing and restore the well , which resumed production in june 2013. southeast texas during 2012 , crimson 's southeast texas production averaged approximately 19 mmcfed . for the quarter ended december 31 , 2013 , southeast texas production averaged approximately 24.3 mmcfed . crimson , and then contango , actively developed this area during 2013 , focusing on the horizontal development of the woodbine formation in madison and grimes counties . during 2013 , crimson , and then contango , drilled 12 gross ( eight net ) wells on acreage targeting the woodbine formation . we will continue our focus on further developing our inventory of crude oil and liquids-rich projects in the woodbine formation with a continuous rig program planned for 2014 . 48 south texas during 2012 , crimson 's south texas production averaged approximately 15 mmcfed . for the quarter ended december 31 , 2013 , south texas production averaged approximately 14.7 mmcfed . story_separator_special_tag depreciation , depletion and amortization depreciation , depletion and amortization for the fiscal year ended june 30 , 2013 was approximately $ 41.1 million . this compares to approximately $ 49.1 million for the year ended june 30 , 2012. the decrease in depreciation , depletion and amortization was primarily attributable to a decrease in overall production . depreciation , depletion and amortization for the year ended june 30 , 2012 was approximately $ 49.1 million . this compares to approximately $ 52.2 million for the year ended june 30 , 2011. the decrease in depreciation , depletion and amortization was primarily attributable to an overall decrease in production due to our eloise north well which stopped producing in october 2011 and was subsequently recompleted as our mary rose # 5 well in january 2012. since recompletion , this well has only produced intermittently . partially offsetting this decreased production is our vermilion 170 well which began producing in fiscal year 2012. impairment of natural gas and oil properties for the fiscal year ended june 30 , 2013 , the company recorded impairment expense of approximately $ 14.8 million . of this amount , approximately $ 12.0 million related to our ship shoal 263 well ; $ 2.1 million related to the eugene island 24 platform and other properties , $ 0.5 million related to leasehold costs on our ship shoal 83 prospect which we relinquished in august 2013 , and $ 0.2 million related to leasehold costs on our brazos area 543 prospect . no impairment expense was recorded for the year ended june 30 , 2012. for the year ended june 30 , 2011 , the company recorded impairment expense of approximately $ 1.8 million related to the relinquishment of 14 lease blocks owned by contango and rex . general and administrative expenses general and administrative expenses for the fiscal year ended june 30 , 2013 were approximately $ 14.4 million , compared to $ 10.4 million for the year ended june 30 , 2012. major components of general and administrative expenses for the year ended june 30 , 2013 included approximately $ 6.2 million in salaries and benefits , $ 1.2 million in office administration and other expenses , 55 $ 0.6 million in board of directors compensation , $ 0.6 million in accounting and tax services , $ 1.0 million in franchise taxes , and $ 4.8 million in legal , professional and other administrative expenses , which includes $ 3.0 million attributable to the proposed merger . general and administrative expenses for the year ended june 30 , 2012 were approximately $ 10.4 million , compared to approximately $ 12.3 million for the year ended june 30 , 2011. major components of general and administrative expenses for the year ended june 30 , 2012 included approximately $ 6.6 million in salaries , bonuses , stock-based compensation , benefits and board of directors compensation , $ 0.4 million in insurance costs , $ 0.7 million in accounting and tax services , $ 0.9 million in legal and consulting expenses , $ 0.7 million in franchise taxes , and $ 1.1 million in office administration and other expenses . general and administrative expenses for the year ended june 30 , 2011 were approximately $ 12.3 million . major components of general and administrative expenses for the year ended june 30 , 2011 included approximately $ 9.6 million in salaries , bonuses , stock-based compensation , benefits and board of directors compensation ( includes $ 1.3 million in non-cash expenses related to option awards ) , $ 0.9 million in office administration and other expenses , $ 0.5 million in insurance costs , $ 0.5 million in accounting and tax services , and $ 0.8 million in legal , consulting and other administrative expenses . other income ( expense ) other income for the fiscal year ended june 30 , 2013 included the proceeds of a $ 10 million life insurance policy for the company 's former chairman , president and chief executive officer , mr. peak , who passed away on april 19 , 2013. discontinued operations the table and discussions above , along with our financial statements , discuss only continuing operations for all fiscal years presented . not reflected are the company 's sold producing properties which generated approximately 0 % , 0 % and 5 % of combined revenues for the fiscal year ended june 30 , 2013 , 2012 and 2011 , respectively . see note 18 to our financial statements – `` discontinued operations `` for a discussion of our discontinued operations . story_separator_special_tag compliance with specified financial ratios . our compliance with these covenants is tested each quarter . at december 31 , 2013 , we were in compliance with the covenants under the rbc credit facility . see note 13 to our financial statements - “ long-term debt ” for a more detailed description of terms and provisions of our credit agreement . future capital requirements our future crude oil , natural gas and natural gas liquids reserves and production , and therefore our cash flow and results of operations , are highly dependent on our success in efficiently developing and exploiting our current reserves and economically finding or acquiring additional recoverable reserves . we intend to grow our reserves and production by further exploiting our existing property base through drilling opportunities offshore and those identified in our resource plays in southeast , south and east texas and colorado and in our conventional inventory , with activity in any particular area to be a function of market and field economics . we anticipate that acquisitions , including those of undeveloped leasehold interests , will continue to play a role 57 in our business strategy as those opportunities arise from time to time . there can be no assurance that we will invest , or that any investment entered into will be successful . these potential acquisitions are not part of

