Commodity Price Risk Management (Tables)

9 Months Ended

Sep. 30, 2013

Commodity Price Risk Management [Abstract]

Commodity derivative contracts

Energy One's commodity derivative contracts as of September 30, 2013 are summarized below:

			Quantity
Settlement Period	Counterparty	Basis	(Bbls/day)		Strike Price
Crude Oil Costless Collar
10/01/12 - 09/30/13	BNP Paribas	WTI		200	Put:	$	95.00
					Call:	$	116.60
Crude Oil Costless Collar
07/01/13 - 09/30/13	Wells Fargo	WTI		400	Put:	$	90.00
					Call:	$	97.50
Crude Oil Costless Collar
10/01/13 - 12/31/13	Wells Fargo	WTI		600	Put:	$	90.00
					Call:	$	97.50
Crude Oil Costless Collar
01/01/14 - 06/30/14	Wells Fargo	WTI		300	Put:	$	90.00
					Call:	$	95.00
Crude Oil Costless Collar
01/01/14 - 06/30/14	Wells Fargo	WTI		300	Put:	$	90.00
					Call:	$	97.25
Crude Oil Costless Collar
07/01/14 - 12/31/14	Wells Fargo	WTI		300	Put:	$	90.00
					Call:	$	98.40

Fair value of derivatives recorded in applicable consolidated balance sheet, by category

The following table details the fair value of the derivatives recorded in the applicable condensed consolidated balance sheet, by category:

	As of September 30, 2013
	(in thousands)
	Derivative Assets			Derivative Liabilities
	Balance Sheet	Fair		Balance Sheet	Fair
	Classification	Value		Classification	Value
Crude oil costless collars	Current Asset	$	62	Current Liability	$	647