Derivative Instruments (Tables)

3 Months Ended

Mar. 31, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position Fair Value

:

Counterparty	March 31, 2014		December 31, 2013
Credit Suisse	41	%	46	%
Wells Fargo	33	%	23	%
Societe Generale	26	%	31	%
Total	100	%	100	%

Schedule Of U.S. Crude Oil Derivative Positions

The following sets forth a summary of the Company’s crude oil derivative positions at average NYMEX prices as of March 31, 2014:

Period	Type of Contract	Volumes (in Bbls/d)	Weighted Average Floor  Price ($/Bbl)	Weighted Average Ceiling  Price ($/Bbl)	Weighted Average Short Put  Price ($/Bbl)	Weighted Average Put Spread ($/Bbl)
April - December 2014	Swaps	8,850	$92.53
	Collars	3,000	$88.33	$104.26
	Three-way collars	500	$85.00	$107.75	$65.00	$20.00
January - December 2015	Swaps	5,200	$91.44
	Collars	700	$90.00	$100.65
	Three-way collars	1,000	$85.00	$105.00	$65.00	$20.00
January - December 2016	Three-way collars	667	$85.00	$104.00	$65.00	$20.00

Schedule Of U.S. Natural Gas Derivative Positions

The following sets forth a summary of the Company’s natural gas derivative positions at average NYMEX prices as of March 31, 2014:

Period	Type of Contract	Volumes (in MMBtu/d)	Weighted Average Floor Price ($/MMBtu)	Weighted Average Ceiling Price ($/MMBtu)
April - December 2014	Swaps	50,000	$4.10
	Calls	10,000		$5.50
January - December 2015	Swaps	20,000	$4.27