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Condensed Consolidated Statement of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash Flows from Operating Activities:  
Net Income (Loss)$ (86,350)$ (26,278)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:  
Depreciation, depletion and amortization18,69821,290
Impairment of oil and gas properties28,7937,692
Deferred tax expense (benefit)23,0526,195
Unrealized (gains) losses on derivatives(11,098)(11,477)
Amortization of non-cash compensation2,7332,786
Amortization of loan costs and discount9,5536,980
Non-cash interest expense9,3065,179
Other1,839(1,178)
Changes in operating assets and liabilities:  
(Increase) decrease in receivables1,6164,988
(Increase) decrease in other current assets(7,944)(2,340)
Increase (decrease) in liabilities(18,817)17,465
Net Cash Provided by (Used in) Operating Activities(28,619)31,302
Cash Flows From Investing Activities:  
Capital expenditures(113,137)(75,677)
Acquisitions(22,898)(39,279)
(Increase) Decrease in restricted cash31,726(29,645)
Net Cash Provided by (Used in) Investing Activities(104,309)(144,601)
Cash Flows From Financing Activities:  
Repayments of borrowings(97,638)(74,942)
Borrowings under debt agreements210,000175,000
Proceeds from issuance of common Stock118,44430,181
Dividends paid(1,400)(1,563)
Financing costs paid(11,226)(26,219)
Other financing51182
Net Cash Provided by (Used in) Financing Activities218,691102,539
Net Increase (Decrease) n Cash and Cash Equivalents85,763(10,760)
Cash and Cash Equivalents, Beginning of Period99,26727,287
Cash and Cash Equivalents, End of Period185,03016,527
Cash and Cash Equivalents, End of Period:  
Total$ 185,030$ 16,527