Condensed Consolidated Statement of Operations (USD $) In Thousands, except Per Share data	3 Months Ended		9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010
Condensed Consolidated Statement of Operations
Revenues	$ 10,302	$ 19,849	$ 43,459	$ 55,102
Cost of Operations:
Operating expenses	3,496	4,595	14,888	10,881
Depreciation, depletion and amortization	5,372	7,697	18,698	21,290
Impairment of oil and gas properties	28,793	0	28,793	7,692
General and administrative	4,863	4,237	14,525	12,873
Total Expenses	42,524	16,529	76,904	52,736
Income (Loss) From Operations	(32,222)	3,320	(33,445)	2,366
Derivatives:
Realized losses	0	(452)	0	(1,552)
Realized loss on early termination	0	(10,201)	0	(10,201)
Unrealized gains (losses)	13,081	6,441	11,098	11,477
Interest expense	(12,253)	(10,474)	(32,607)	(21,733)
Interest income and other	611	(2,327)	424	1,281
Total Other Income (Expense)	1,439	(17,013)	(21,085)	(20,728)
Income (Loss) Before Income Taxes	(30,783)	(13,693)	(54,530)	(18,362)
Deferred Tax Expense Related to U.K. Tax Rate Change	25,387	0	25,387	0
Other Income Tax Expense (Benefit)	7,120	(2,001)	6,433	7,916
Income Tax Expense (Benefit)	32,507	(2,001)	31,820	7,916
Net Income (Loss)	(63,290)	(11,692)	(86,350)	(26,278)
Preferred Stock Dividend	466	546	1,518	1,682
Net Income (Loss) to Common Stockholders	$ (63,756)	$ (12,238)	$ (87,868)	$ (27,960)
Net Income (Loss) per Common Share - Basic and Diluted	$ (1.63)	$ (0.51)	$ (2.52)	$ (1.22)
Weighted Average Number of Common Shares Outstanding:
Basic and Diluted	39,064	23,949	34,854	22,829