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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
9 Months Ended12 Months Ended
Sep. 30, 2011
Dec. 31, 2010
Current assets:  
Cash and cash equivalents$ 91,544$ 23,743
Accounts receivable131,33270,368
Short-term investments114,738223,991
Inventory53,23834,959
Other current assets26,1067,796
Total current assets416,958360,857
Oil and natural gas properties, using the full cost method including Proved, net of accumulated depletion of $495,115 and $423,691761,999486,423
Unproved433,848182,933
Total oil and gas1,195,847669,356
Other property and equipment, net95,88742,837
Deferred loan fees17,1599,064
Other noncurrent assets20,8763,287
Total assets1,746,7271,085,401
Current liabilities:  
Accounts payable89,84050,023
Royalties payable82,99242,155
Accrued drilling costs155,88861,067
Participant advances received5,5113,037
Derivative liabilities699,442
Other current liabilities27,31510,821
Total current liabilities361,615176,545
Senior Notes600,000300,000
Other noncurrent liabilities12,07415,586
Commitments and contingencies (Note 3)  
Stockholders' equity:  
Common stock, $.01 par value, 180 million shares authorized, 116,800,125 and 116,564,182 shares issued and 116,498,651 and 116,289,180 shares outstanding at September 30, 2011 and December 31, 2010, respectively1,1681,166
Additional paid-in capital770,920765,326
Treasury stock, at cost; 301,474 and 275,002 shares at September 30, 2011 and December 31, 2010, respectively(3,388)(2,657)
Accumulated other comprehensive income (loss)(8)(9)
Retained earnings (deficit)4,346(170,556)
Total stockholders' equity773,038593,270
Total liabilities and stockholders' equity$ 1,746,727$ 1,085,401