STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
REVENUES
Oil and Gas Sales	$ 79,623,169	$ 70,439,015	$ 162,794,830	$ 135,578,411
Loss on Settled Derivatives	(498,817)	(1,094,885)	(870,100)	(6,430,482)
Unrealized Gain on Derivative Instruments	17,009,668	49,799,311	2,099,013	40,434,398
Other Revenue	27,783	64,160	36,142	148,266
Total Revenues	96,161,803	119,207,601	164,059,885	169,730,593
OPERATING EXPENSES
Production Expenses	10,397,171	7,292,253	19,038,381	13,805,601
Production Taxes	7,561,156	6,658,004	15,372,460	12,736,889
General and Administrative Expense	3,915,298	4,419,607	7,904,104	9,100,985
Depletion of Oil and Gas Properties	26,435,050	25,519,809	53,103,221	43,829,309
Depreciation and Amortization	92,867	102,307	187,142	199,396
Accretion of Discount on Asset Retirement Obligations	31,209	21,821	61,456	37,453
Total Expenses	48,432,751	44,013,801	95,666,764	79,709,633
INCOME FROM OPERATIONS	47,729,052	75,193,800	68,393,121	90,020,960
OTHER INCOME (EXPENSE)
Interest Expense	(7,819,591)	(2,728,104)	(13,927,591)	(2,924,403)
Other (Expense) Income	(267,788)	700	(267,724)	1,100
Total Other Income (Expense)	(8,087,379)	(2,727,404)	(14,195,315)	(2,923,303)
INCOME BEFORE INCOME TAXES	39,641,673	72,466,396	54,197,806	87,097,657
INCOME TAX PROVISION	14,630,000	28,840,000	20,234,614	34,665,350
NET INCOME	25,011,673	43,626,396	33,963,192	52,432,307
OTHER COMPREHENSIVE INCOME NET OF TAX
Reclassification of Derivative Instruments Included in Income (Net of Tax of $39,000 for the Six Months ended June 30,2012,)	0	0	0	62,309
Total Other Comprehensive Income (Loss)	0	0	0	62,309
COMPREHENSIVE INCOME	$ 25,011,673	$ 43,626,396	$ 33,963,192	$ 52,494,616
Net Income Per Common Share - Basic (in dollars per share)	$ 0.40	$ 0.70	$ 0.54	$ 0.84
Net Income Per Common Share - Diluted (in dollars per share)	$ 0.39	$ 0.70	$ 0.54	$ 0.84
Weighted Average Shares Outstanding - Basic (in shares)	62,973,916	62,399,869	62,915,941	62,319,553
Weighted Average Shares Outstanding - Diluted (in shares)	63,358,152	62,705,473	63,337,342	62,687,814