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Long-Term Liabilities (Tables)
9 Months Ended
Sep. 30, 2013
Long-Term Liabilities [Abstract]  
Monetary Production Payment Liability

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30,

 

 

December 31,

 

 

2013

 

 

2012

 

 

 

 

 

 

Monetary production payment

$

145,834 

 

$

 -

 

 

 

 

 

 

Less:  current portion

 

(19,167)

 

 

 -

 

 

 

 

 

 

Long-term monetary production payment

$

126,667 

 

$

 -

 

Other Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30,

 

 

December 31,

 

 

2013

 

 

2012

 

 

 

 

 

 

Asset retirement obligations

$

130,110 

 

$

139,821 

Long-term derivative liabilities

 

6,244 

 

 

7,402 

Other

 

444 

 

 

469 

 

 

 

 

 

 

Total Other Liabilities

$

136,798 

 

$

147,692 

 

Schedule Of Asset Retirement Obligations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended

 

 

September 30,

 

 

2013

 

 

2012

Carrying amount of asset retirement obligations as of beginning of period

$

176,076 

 

$

47,258 

Accretion expense (included in DD&A expense)

 

17,298 

 

 

5,614 

Impact of foreign currency exchange rate changes

 

(207)

 

 

2,950 

Payment of asset retirement obligations

 

(22,779)

 

 

(7,838)

Liabilities incurred and assumed

 

(4,333)

 

 

17,263 

Carrying amount of asset retirement obligations, as of end of period

 

166,055 

 

 

65,247 

Less:  Current portion of asset retirement obligations

 

(35,945)

 

 

(8,051)

Long-term asset retirement obligations

$

130,110 

 

$

57,196