XML 30 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current assets    
Cash and cash equivalents $ 8,622 $ 157,439
Accounts receivable, net 134,492 111,195
Deferred income taxes 15,235 4,201
Other current assets 4,363 6,926
Total current assets 162,712 279,761
Oil and gas properties, full cost method    
Proved properties, net 1,675,941 1,408,484
Unproved properties, not being amortized 458,393 377,437
Other property and equipment, net 7,767 8,294
Total property and equipment, net 2,142,101 1,794,215
Debt issuance costs 21,604 22,899
Other assets 4,011 13,885
Total Assets 2,330,428 2,110,760
Current liabilities    
Accounts payable 75,364 57,146
Revenues and royalties payable 83,531 79,136
Accrued capital expenditures 87,318 87,031
Accrued interest 17,462 17,430
Advances for joint operations 5,349 19,967
Liabilities of discontinued operations 8,550 10,936
Derivative liabilities 39,455 9,947
Other current liabilities 59,035 41,242
Total current liabilities 376,064 322,835
Long-term debt 1,021,606 900,247
Liabilities of discontinued operations 16,491 17,336
Deferred income taxes 27,365 16,856
Asset retirement obligations 9,365 6,576
Other liabilities 9,624 5,306
Liabilities 1,460,515 1,269,156
Commitments and contingencies      
Shareholders’ equity    
Common stock, $0.01 par value, 90,000,000 shares authorized; 46,018,977 issued and outstanding as of June 30, 2014 and 45,468,675 issued and outstanding as of December 31, 2013 460 455
Additional paid-in capital 899,957 879,948
Accumulated deficit (30,504) (38,799)
Total shareholders’ equity 869,913 841,604
Total Liabilities and Shareholders’ Equity $ 2,330,428 $ 2,110,760